UBS

UBS Profit Dips 16% in Q3 Amid Negative Rates
Financial Performance

UBS Profit Dips 16% in Q3 Amid Negative Rates

“Low and persistent negative interest rates and expectations of further monetary easing will adversely affect net interest income," the bank says.
By Matthew Heller | October 22, 2019
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Credit Suisse to Charge Clients for Large Deposits
Credit & Capital

Credit Suisse to Charge Clients for Large Deposits

Switzerland's second largest bank is following the lead of competitors in response to the country's monetary policy.
By Matthew Heller | October 21, 2019
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Hong Kong Bans UBS Sponsor License, Fines It $48 Million
Risk & Compliance

Hong Kong Bans UBS Sponsor License, Fines It $48 Million

The Securities and Futures Commission is cracking down after a string of problem listings.
By Lauren Muskett | March 14, 2019
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UBS Pays $445M Over Credit Union MBS Losses
Risk & Compliance

UBS Pays $445M Over Credit Union MBS Losses

The Swiss bank was accused of misrepresenting the risks of roughly $1.15 billion of RMBS it sold to the U.S. Central and Western corporate credit unions.
By Matthew Heller | May 1, 2017
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Big Banks Team Up on Digital Cash Project
Technology

Big Banks Team Up on Digital Cash Project

UBS and its partners believe using blockchain technology can reduce the time and cost of post-trade settlement and clearing.
By Matthew Heller | August 24, 2016
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Credit Suisse Shares Sink After Q4 Loss
Investor Relations

Credit Suisse Shares Sink After Q4 Loss

The bank also announced 4,000 job cuts.
By Katie Kuehner-Hebert | February 4, 2016
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UBS Fined $19M in First Structured Note Case
Risk & Compliance

UBS Fined $19M in First Structured Note Case

The SEC said the bank misled investors in offering materials for structured notes tied to a proprietary currency index.
By Matthew Heller | October 15, 2015
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Banks Clamping Down on Unethical Currency Traders
Risk Management

Banks Clamping Down on Unethical Currency Traders

After several probes revealed FX dealers are leaking customer information for profit, some top banks are reacting by introducing restrictive measures.
By Iris Dorbian | September 16, 2014
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Are Bankers Overcharging for FX Transactions?
Global Business

Are Bankers Overcharging for FX Transactions?

The Justice Department is investigating sales practices of foreign-exchange banks as part of a wider probe into FX market rigging.
By Vincent Ryan | June 23, 2014
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Banks and Commodity Trading: Sell Signals
Risk & Compliance

Banks and Commodity Trading: Sell Signals

Banks are scrambling to ditch their commodity-trading businesses.
By Economist Staff | April 30, 2014
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The Whistleblower’s Trilemma
Risk Management

The Whistleblower’s Trilemma

Revealing company fraud or misconduct to regulators first is not always the best choice — if an employee chooses to blow the whistle at all.
By Marielle Segarra | March 28, 2014
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B Prepared
Regulation

B Prepared

A growing number of companies are embracing sustainable business practices by becoming Certified B Corporations.
By Marielle Segarra | March 25, 2014
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The UBS Whistleblower: An Inside Story
Tax

The UBS Whistleblower: An Inside Story

The IRS gave former UBS banker Bradley Birkenfeld $104 million, the largest amount ever awarded under the tax whistle-blower law. Here’s what Birkenfeld did to earn it.
By David Rosenbaum | September 11, 2012
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When Puts Marry Calls
Strategy

When Puts Marry Calls

A new breed of bond features a dual option.
By Emily S. Plishner | May 1, 1998
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