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Believe him or not? Stocks to Surge in 2009, UBS Says; S&P 500 May Climb 53 Percent

"Stocks in the U.S. and Europe will withstand a “full-blown” global recession to surge in 2009, UBS AG said. The Standard & Poor’s 500 Index may jump to 1,300 by the end of 2009, a 53 percent rally from its current level, New York-based strategist David Bianco wrote in a report dated yesterday. “The consensus outlook for 2009 is a full year of gloom,” Bianco wrote. “We believe 2009 will bring signs...

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At Art Basel Miami Beach, It Won't Be Business As Usual

"While the world's flashiest art fair tries to put on a brave face, the grim financial picture worldwide has cast a pall over the festivities and sales prospects" at Art Basel Miami Beach. "The fair's main sponsor, Swiss bank UBS AG, has recorded about $50 billion in writedowns and losses."...

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UBS Heeding Wake-Up Call

Daniel Broby submits: UBS AG (UBS), which at USD 12.90 is down 68% year to date, faced its accusers at its EGM yesterday. The main topics were to inform shareholders about the changes to its compensation system and allow them to vote on measures related to the government bailout. It seems that everyone hates the stock, but this could well be the time to speculatively buy. Despite the noise from angry...

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UBS says it's found U.S. cases of tax fraud

The Swiss bank UBS AG has uncovered cases of tax fraud by some of its U.S. clients, chairman Peter Kurer said yesterday.UBS examined its files as a result of investigations by the U.S. Justice Department and others into cross-border services the bank provides to American clients, Mr. Kurer told shareholders.

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Former UBS top brass return €45m in benefits after rescue by state

FORMER UBS AG executives have given back about 70m Swiss francs (€45.1m) in bonuses after record losses forced the bank to take aid from the state.

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Financial News: UBS finds some tax fraud by US clients

LUCERNE, Switzerland : The Swiss bank UBS AG has uncovered cases of tax fraud by some of its U.S. clients, Chairman Peter Kurer said Thursday.UBS examined its files as a result of investigations by

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www.kansascity.com | 11/27/2008 | UBS finds some tax fraud by US …

The Swiss bank UBS AG has uncovered cases of tax fraud by some of its US clients, Chairman Peter Kurer said Thursday.

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Swiss bank UBS: Some tax fraud by US clients found

Swiss bank UBS AG said Thursday it has uncovered cases of tax fraud by some of its U.S. clients.

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Swiss bank UBS: Some tax fraud by US clients found

Swiss bank UBS AG said Thursday it has uncovered cases of tax fraud by some of its U.S. clients.

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Swiss bank UBS: Some tax fraud by US clients found

Swiss bank UBS AG said Thursday it has uncovered cases of tax fraud by some of its U.S. clients.

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Swiss bank UBS: Some tax fraud by US clients found

Swiss bank UBS AG said Thursday it has uncovered cases of tax fraud by some of its U.S. clients. A limited number of cases would be regarded as tax fraud under both Swiss and U.S. law, said UBS Chairman Peter Kurer. He gave no details. UBS will provide...

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Swiss bank UBS: Some tax fraud by US clients found

Swiss bank UBS AG said Thursday it has uncovered cases of tax fraud by some of its U.S. clients.

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World news: UBS: More former executives forgo pay, bonuses

LUCERNE, Switzerland – Former executives who oversaw massive losses at Swiss banking giant UBS AG will repay a further 22 million Swiss francs ($18.45 million), Chairman Peter Kurer said Thursday. The repayments by the u

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UBS: More former executives forgo pay, bonuses

Former executives who oversaw massive losses at Swiss banking giant UBS AG will repay a further 22 million Swiss francs ($18.45 million), Chairman Peter Kurer said Thursday.

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UBS to handle Lehman Japan loan sale -sources

TOKYO (Reuters) - UBS AG has been hired to arrange the sale of real estate loans extended by the Japanese unit of failed investment bank Lehman Brothers , four people familiar with the matter said.