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UBS AG

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Top UBS AG Articles see all

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  • UBS says just over 90 percent of shares tendered into exchange offer

    ZURICH (Reuters) - UBS , Switzerland's biggest bank, said on Friday 90.4 percent of shares had been tendered into an exchange offer for a new holding company, part of a restructuring drive to ensure it can be broken up more easily in a crisis.
  • Malloy Overlooked 'Permanent Fiscal Crisis'

    Malloy Overlooked 'Permanent Fiscal Crisis'
    That didn't take long. Only two weeks after winning a second term, Gov. Dannel P. Malloy and his chief budgetmeister acknowledged that Connecticut's finances are not what months of 30-second campaign ads claimed they are. This suggests some hard going...

    British lawmakers to quiz bankers after forex fines: source

    LONDON (Reuters) - British lawmakers will quiz top bankers in the wake of last week's $4.3 billion (3 billion deal with regulators to settle allegations of collusion and manipulation in the foreign exchange market, a source familiar with the matter said...

    UBS looking to take back bonuses from forex traders

    (Reuters) - UBS AG, among the six banks fined this week for their role in the global foreign exchange scandal, is looking at clawing back bonuses from its traders. A UBS spokeswoman confirmed a Financial Times report, which said UBS and four other...

    6 major banks fined $4.3 billion for attempted currency manipulation

    6 major banks fined $4.3 billion for attempted currency manipulation
    In another black eye for the financial industry, U.S., British and Swiss regulators on Wednesday fined JPMorgan Chase & Co., Citigroup, Bank of America Corp. and three other global banks a total of about $4.3 billion to settle investigations into...