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UBS Profit Increases 53% in Second Quarter
UBS Profit Increases 53% in Second Quarter
The Swiss bank said its profit of about $1.26 billion was driven by gains in its wealth management business, particularly in the Asia-Pacific region.
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UBS to Pay Over $500 Million in Fines for Manipulating Currencies and Libor
UBS to Pay Over $500 Million in Fines for Manipulating Currencies and Libor
In a deal with the American authorities, the Swiss bank said it would also plead guilty to a criminal charge over rigging a benchmark interest rate.
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UBS to Pay More than $500 Million in Fines for Manipulating Currency and Libor
UBS to Pay More than $500 Million in Fines for Manipulating Currency and Libor
In its agreement with United States authorities, the Swiss bank said it would also plead guilty to a criminal charge over influencing the Libor, a benchmark interest rate.
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UBS to Pay More Than $500 Million in Fines for Manipulating Currencies and Libor
UBS to Pay More Than $500 Million in Fines for Manipulating Currencies and Libor
In a deal with the American authorities, the Swiss bank said it would also plead guilty to a criminal charge over rigging a benchmark interest rate.
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UBS Profit Rose 88% in First Quarter
UBS Profit Rose 88% in First Quarter
The Swiss bank’s results were bolstered by gains in its investment bank and its wealth management business despite the stronger Swiss franc.
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UBS Profit Rises 88% in First Quarter
UBS Profit Rises 88% in First Quarter
The Swiss bank’s results were lifted by gains in its investment bank and its wealth management business despite the rise in value of the Swiss franc.
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UBS Shareholders to Vote for First Time on Executive and Board Pay
UBS Shareholders to Vote for First Time on Executive and Board Pay
The vote, set for the annual meeting in May, comes after Switzerland adopted new rules intended to limit excessive compensation at companies listed there.
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Outgoing Credit Suisse C.E.O. Took Slight Pay Cut in 2014
Outgoing Credit Suisse C.E.O. Took Slight Pay Cut in 2014
Brady W. Dougan and other members of the bank’s executive board took a voluntary cut in incentive awards after the bank admitted in May that its bankers helped wealthy Americans avoid taxes.
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