Displaying 388 results
Grit your teeth and make that call
"Can we talk?" Those three words, which helped make a fortune for comedian Joan Rivers, embody a wise course of action for financial advisers, especially while financial markets are stirring more anxiety than enjoyment.
Reps angry over ARS payback delay
Although brokers have welcomed the billions in auction rate securities buybacks announced by the big Wall Street firms in the past two weeks, they are still angry that it took six months for their companies to begin dealing with the fiasco.
New Hampshire hits UBS with ARS charge
The firm is accused of misleading an issuer of student loans in that state by urging it to buy auction rate securities.
UBS wealth head allowed to leave United States
Martin Liechti has returned to Switzerland more than three months after he was detained material-witness warrant.
You and us — a UBS mess
It’s been eight years, and the gnomes of UBS must be wondering what has become of their PaineWebber investment.
UBS execs knew of rule violations
Chairman Peter Kurer and others knew as early as 2006 that some bankers may have broken U.S. securities laws.
UBS takes earnings hit, separates units
The bank will separate its investment banking, global asset management and wealth management units.
Deals cut on ARS take heat off brokers, advisers
When Citigroup Inc., Merrill Lynch & Co. Inc. and UBS AG agreed last week to buy back an astounding $36.7 billion of moribund auction rate securities from their wealthy clients, the firms relieved their brokers and advisers of a giant headache.
UBS counsel resigns amid ARS strife
UBS AG's general counsel David Aufhauser has stepped down from his post, according to an internal memo.
Report: UBS fixed-income chief suspended
U.S. fixed-income chief, David Shulman, has been suspended, according to The Wall Street Journal.
Texas files action against UBS
UBS could be parially suspended from operating until those who purchased ARS from the firm are reimbursed.
Under pressure, UBS dumps offshore banking
The firm is being investigated as to whether its clients used offshore accounts to hide assets and avoid paying taxes.
UBS to buy back auction rate securities
UBS plans to buy back up to $3.5 billion of its auction rate securities after it was accused of fraudulent practices.
Baird lands nine UBS and three Wells Fargo reps
Like other regional firms, Robert W. Baird & Co. Inc. is benefiting from turmoil at larger competitors.
UBS shakes up board, governance policies
UBS AG has announced a significant change in its corporate governance that will allow more oversight by the board of directors.
UBS retains Lazard for strategic review
UBS AG has retained Lazard to conduct a strategic review of its businesses, the New York Post reported today.
Structured market leery of open systems
Open architecture has been slow to come to the structured products market.
Former UBS banker to plead guilty
Bradley Birkenfeld will plead guilty to charges of helping a wealthy U.S. client avoid taxes by hiding funds.
UBS commodities co-head to step down
Hunter Shively, the global co-head of UBS' commodities business, is stepping down to join a startup hedge fund.
UBS warns of losses on real estate
Zurich, Switzerland-based bank said that market conditions are “volatile and challenging” in the second quarter.
