Tag Archives: ubs
DOJ Recommends Prison Terms for Three Former UBS Employees
The U.S. Justice Department recommended that a federal judge sentence three former UBS AG (UBS) employees to prison terms ranging from 11 years to 24 years after the ex-employees were found guilty in a municipal bond bid-rigging case last September. Continue reading
UBS Names John Mathews as New Head of Private Wealth Management
UBS AG (UBS, UBSN.VX) has named John Mathews head of Private Wealth Management, a group responsible for the ultra-high-net-worth segment of UBS Wealth Management Americas. Continue reading
STREET MOVES: Morgan Stanley Brokers Join UBS Wealth Management Americas
Two Morgan Stanley Wealth Management brokers have joined the wealth-management arm of UBS AG (UBS, UBSN.VX). Continue reading
UBS in settlement talks with SEC over mortgage bond deal: WSJ
(Reuters) – UBS AG is in talks with the Securities and Exchange Commission to settle allegations the bank defrauded investors in a mortgage bond deal that soured during the financial crisis, the Wall Street Journal reported, citing people familiar with the matter. The SEC's investigation focuses on allegations UBS defrauded investors in the sale of more than $748 million in notes tied to a collateralized debt obligation the bank created in 2007, the paper reported. .. Continue reading
Warren Buffett Fuels Wells Fargo’s Push Into Wall Street (Update1)
(Adds Guggenheim Securities analyst comments.) NEW YORK (TheStreet) — Warren Buffett of Berkshire Hathaway has been reluctant to invest in the common shares of top Wall Street players like JPMorgan and Goldman Sachs. Continue reading
Exclusive: UBS Chairman proposes industry-wide settlement over Libor
UBS Chairman Axel Weber raised the possibility of an industry-wide settlement for the rest of the banks involved in the Libor rate fixing scandal at a meeting of top bankers, sources familiar with the situation said. Continue reading
SYNEAR FOOD HOLDINGS LIMITED: DEALINGS DISCLOSURE
Miscellaneous* Asterisks denote mandatory informationName of Announcer *UBS AGCompany Registration No.F 05560KAnnouncement submitted on behalf ofFORTUNE DOMAIN LIMITEDAnnouncement is submitted with… Continue reading
Wall Street ends lower on sour Apple, ‘cliff’ uncertainty
NEW YORK (Reuters) – U.S. stocks fell on Friday as another slide in Apple took a toll and investors unloaded some shares because of the uncertainty surrounding the “fiscal cliff” negotiations. For the Nasdaq, this marked the second losing week in a row. Continue reading
Exclusive: UBS’ new adviser pay rewards cross-selling
UBS Wealth Management Americas released its 2013 compensation plan to its financial advisers on Tuesday, announcing changes that will give them incentives to sell a wider range of products and bring in more revenue. Continue reading
