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UBS AG

A collection of news and information related to UBS AG published by this site and its partners.

Top UBS AG Articles

Displaying items 12-22
  • 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...
  • San Francisco surges past L.A. as home to 'ultra rich,' survey finds

    San Francisco saw its "ultra-rich" population jump 12% this year, pushing it past Los Angeles as the California home to those worth $30 million or more, a survey said. The survey, by the research firm Wealth-X in partnership with Swiss banking giant...
  • L.A. is third when it comes to people with lots and lots of money

    L.A. is third when it comes to people with lots and lots of money
    Los Angeles has 5,135 people who are swimming in money. In a new survey that charts the population of the ultra rich, San Francisco beat L.A. with 5,460 residents who have $30 million or more in net assets.  The annual survey, from research firm...
  • UBS Hires Broker For 'Iconic' Stamford Office Tower

    UBS Hires Broker For 'Iconic' Stamford Office Tower
    The latest in a long trail of hints that its time in Stamford might be limited, Swiss banking giant UBS has hired a brokerage consultant to determine interest in its 725,000-square-foot office buildings in the city. The financial services company has...
  • UBS Re-Ups In State Incentive Package Tied to 2,000 Jobs

    Swiss banking giant UBS, which is exploring whether it will exit its large Stamford skyscraper at the end of its lease in 2017, will keep jobs in the state through 2021, as part of an agreement announced by the governor Friday. "This extended agreement...
  • 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...
  • Ty Warner lawyers call tax dodging sentence 'reasonable'

    Ty Warner lawyers call tax dodging sentence 'reasonable'
    Lawyers for convicted tax evader Ty Warner said his sentence of two years’ probation was reasonable, pointing out that the punishment of the Beanie Babies billionaire was consistent with more than half of the offshore banking cases that the...
  • Locarno Favorite Lav Diaz's Latest Five-Hour Feature Wins Top Prize

    Filipino director Lav Diaz, who headed the international competition jury at last year's Locarno Film Festival, returned to take the top prize at the Swiss sprocket opera's 67th edition with his film "From What Is Before." Clocking in at a daunting 338...
  • Skokie man gets year in prison, $3.75 million penalty in Swiss bank tax evasion

    Skokie man gets year in prison, $3.75 million penalty in Swiss bank tax evasion
    The first taxpayer charged in Chicago in an investigation into clients of overseas banks will serve a year and a day in prison after paying almost $4 million in penalties for tax evasion, prosecutors said today. The owner of a Skokie cemetery monument...
  • UBS to pay $50 million to settle SEC charges

    UBS to pay $50 million to settle SEC charges
    UBS will pay $50 million to settle charges by the U.S. Securities and Exchange Commission that the Swiss bank misled investors, the regulatory agency announced Tuesday. UBS Securities was accused of violating securities laws while structuring and...
  • U.S. sues BofA over mortgage-backed securities

    In twin securities-fraud lawsuits against Bank of America Corp., the federal government is accusing the nation's second-largest lender of lying to investors about supposedly prime loans that more closely resembled subprime "liar loans." The civil suits,...