UBS AG

Ex-UBS exec settles NY AG insider trading probe: reports

Market Watch (Free subscription) | yesterday

SAN FRANCISCO (MarketWatch) -- David Aufhauser, a former general counsel for UBS AG's investment bank, will pay $6.5 million to settle an insider trading probe by the New York attorney general, according to media reports. The insider trading allegations focused on UBS' sale of auction rate securities. The New York attorney general is still investigating six other UBS executives, The Wall Street Journal...

• Ex-UBS top lawyer settles insider trading case - Reuters

Ex-UBS senior lawyer settles insider trading case

Reuters (Free subscription) | 5 hours ago

NEW YORK (Reuters) - A former top lawyer at UBS AG has agreed to pay $6.5 million to settle accusations he sold his personal holdings of auction-rate securities after getting insider information about the collapsing market for the debt.

Asian stocks fall

Denver Post (Free subscription) | 06/10/2008

Japan's stocks dropped, driving the Topix index below 1,000 points for the first time since December 2003, as the global credit crisis deepened in Europe and UBS AG said turmoil in Japan's real-estate market will worsen.

UBS chairman reported to earn less than 5 million pounds

Reuters UK (Free subscription) | 05/10/2008

ZURICH (Reuters) - UBS AG's chairman, Peter Kurer, will earn less than 10 million Swiss francs (5 million pounds) this year, he told Swiss newspaper Sonntag on Sunday.

UBS chairman to earn less than $8.8 million: report

Reuters (Free subscription) | 05/10/2008

ZURICH (Reuters) - UBS AG's chairman, Peter Kurer, will earn less than 10 million Swiss francs ($8.83 million) this year, he told Swiss newspaper Sonntag on Sunday.

UBS management will earn less after crisis: report

Reuters (Free subscription) | 04/10/2008

ZURICH (Reuters) - UBS AG will not introduce a cap on salaries, but management will earn less that before the credit crisis, the Swiss bank's chairman said in an interview published on Saturday.

• UBS to cut 2,000 jobs - Indy Star
• UBS plans deep cut in jobs - The Telegraph India
• See the 46 articles on the same subject

UBS management will earn less after crisis: report

Boston Globe (Free subscription) | 04/10/2008

UBS AG will not introduce a cap on salaries, but management will earn less that before the credit crisis, the Swiss bank's chairman said in an interview published on Saturday.

UBS to Cut 2,000 More Jobs in Troubled Investment Bank

Gector's Business Blog (Free subscription) | 03/10/2008

WS&T DAILY ALERT Friday, October 3, 2008 NEWS HIGHLIGHTS UBS to Cut 2,000 Jobs UBS AG said it is cutting another 2,000 jobs at its troubled investment bank and closing most of its ... U.S. House Leaders Optimistic for Credit Crisis Bailout Bill U.S. House Democratic leaders expressed optimism Thursday that a revised $700 billion financial industry ... New Celent Report on Cost Management Released A...

UBS to cut 2,000 jobs at its investment bank

The Washington Times (Free subscription) | 03/10/2008

Swiss bank UBS AG will cut 2,000 jobs at its troubled investment banking unit, most of which will be lost in the U.S. and Britain, an official said.

UBS eyes slim profit; risk overhaul approved

Globe and Mail (Free subscription) | 03/10/2008

Swiss bank UBS AG said yesterday it expects a small profit in the third quarter, raising hopes that a dismal year of U.S. subprime related losses - to the tune of $40-billion (U.S.) - may soon be over. UBS expects an overall net profit in the coming year, chairman Peter Kurer said in a speech published ahead of yesterday's extraordinary shareholders meeting in Basel. Shareholders at the meeting approved...

• UBS says its next results will show worst is over - The Independent

UBS seeks solution to tax-evasion probe

Miami Herald (Free subscription) | 02/10/2008

(AP) -- UBS AG said Wednesday it is determined to find a solution to its dispute with U.S. authorities over allegations the Swiss bank helped rich American clients evade taxes.

Credit-crunched UBS plans further job cuts

Globe and Mail (Free subscription) | 02/10/2008

UBS AG, the European bank with the biggest losses from the credit crisis, plans to eliminate about 1,900 jobs in its investment banking, equities and fixed-income units, two people with knowledge of the matter said. The bank may announce the plans at today's shareholder meeting, according to the people, who declined to be named. The cuts would amount to about 10 per cent of the total investment banking...

Nation & world business: UBS job cuts looming

Detroit Free Press (Free subscription) | 01/10/2008

UBS AG, the European bank with the biggest losses from the credit crisis, may announce plans to eliminate about 1,900 jobs in its investment banking, equities and fixed income units at its Oct. 2 shareholder meeting, two people with knowledge of the matter said.

Criterion Investments Limited: Criterion Fund Enters Agreement With UBS for Commodities Exposure

Market Wire (Free subscription) | 29/09/2008

TORONTO, ONTARIO (MARKET WIRE) Criterion Investments Limited ("Criterion") today announced that the Criterion Diversified Commodities Currency Hedged Fund ("the Fund") has entered into an agreement with UBS AG to purchase a performance certificate that provides a return linked to the Dow-Jones AIG Commodity Index Total Return(TM). The index includes the return on investments in futures contracts for...

HSBC not in talks with UBS

Reuters UK (Free subscription) | 25/09/2008

LONDON (Reuters) - Europe's biggest bank HSBC Holdings is not in talks with Swiss rival UBS AG about a deal, a person familiar with the situation said.

• HSBC not in talks with UBS: source - Reuters