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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 34-41
  • Swiss bank UBS to cut 10,000 jobs, or 16% of workforce, by 2015

    Swiss bank UBS to cut 10,000 jobs, or 16% of workforce, by 2015
    Swiss bank UBS will cut 10,000 jobs as it exits from its fixed-income trading business and tries to cut costs and concentrate on wealth management. The Zurich, Switzerland-based institution, which stated that it is “significantly reshaping its...
  • The office guide to fashion suicide: flip-flops, shorts, hoodies

    The office guide to fashion suicide: flip-flops, shorts, hoodies
    If you're rolling into work wearing ripped jeans, strapless tops, a hoodie and flip-flops, know this: Your colleagues disapprove. The vast majority of American workers don't consider the Mark Zuckerburg fashion special to be appropriate attire for the...
  • Wall Street: Stocks mixed, gold down

     
    After two days of declines, stocks were wavering this morningon encouraging words from Fed chief Ben Bernanke and discouraging words from European finance ministers. As politics plays a bigger role in determining the direction of stocks, hedge funds are...
  • Citigroup shares slip after bank announces 4,500 layoffs

     
    Citigroup Inc. shares fell on Wednesday after Chief Executive Vikram Pandit said the bank will lay off 4,500 employees as it attempts to trim costs in an "extremely challenging operating environment."...
  • Director Roman Polanski Arrested at Zurich Film Festival

    Director Roman Polanski Arrested at Zurich Film Festival
    Film Director Roman Polanski was arrested at the Zurich Film Festival, and faces possible extradition to the U.S. for having sex in 1977 with a 13-year-old girl, authorities said Sunday. Polanski was scheduled to receive an honorary award at the festival...
  • Glaxo Settles Avandia Lawsuits for $460 Million

    Glaxo Settles Avandia Lawsuits for $460 Million
    GlaxoSmithKline agreed to pay about $460 million to resolve a majority of lawsuits alleging the company's Avandia diabetes drug can cause heart attacks and strokes, people familiar with the accords said. Glaxo, the U.K.'s biggest drugmaker, agreed to...
  • Records sought at McCain advisor's bank

     
    This can't be good for the campaign of the presumptive Republican presidential nominee John McCain. The IRS is trying to serve a summons on Swiss bank UBS AG seeking information on U.S. taxpayers who may have used the bank to gin up records to avoid...
  • Roman Polanski's arrest: a Swiss political ploy to ward off U.S. charges against banking giant UBS?

     
    Hollywood is fighting the case against film director Roman Polanski, who was arrested in Switzerland over the weekend. Polanski pleaded guilty to having unlawful sex with a 13-year-old girl but fled the U.S. before sentencing -- living outside the U.S.......