UBS AG latest news

2013/06/20 03:16

1m

China Manufacturing Contracts at Faster Pace

China’s manufacturing is shrinking at a faster pace this month, adding to stresses in the economy and financial system after interbank borrowing costs surged to the highest in seven years. The...

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2013/06/20 03:16

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2013/06/20 00:06

2h

Moelis Said to Cut 20 Bankers in New York, London...

Moelis & Co., the advisory firm founded by Kenneth Moelis in 2007, eliminated the jobs of about 20 bankers in New York and London, people with knowledge of the matter said. The cuts, which reduced...

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2013/06/19 23:16

3h

Billionaire Tshuva’s Delek Kept From Debt Gush by...

The Tamar gas platform, looming almost as tall as the Eiffel tower offshore Israel, is leading the country to energy independence and helping billionaire Isaac Tshuva repay the gusher of debt he took...

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2013/06/19 16:16

10h

Swiss Banks Face U.S. Charges as Parliament Rejec...

Swiss parliament rejected a bill designed to resolve a dispute over undeclared bank accounts held by U.S. citizens, potentially setting the stage for American retaliation against the country’s...

2013/06/19 11:06

15h

Pound Too Strong as BOE Prepares for Carney Era

The pound’s rally to a four-month high against the dollar is proving too much for currency traders unsure whether Mark Carney will step up stimulus efforts when he takes over as Bank of England...

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2013/06/19 08:16

18h

Inflation at 53-Year Low Gives Bernanke Time to P...

The lowest inflation since the brink of the Kennedy-era economic boom in the 1960s is buying time for Federal Reserve Chairman Ben S. Bernanke to press on with the central bank’s $85 billion in...

2013/06/19 05:06

21h

PBOC Sacrifices Growth as Bank Curbs Invert Swaps

China’s interest-rate traders are the most pessimistic on economic growth in 21 months, as Fitch Ratings says policy makers are focused on fixing the nation’s banks to avert an industry crisis. The...

2013/06/18 22:16

1d

Hong Kong Extends Probe of Benchmark Rate Manipul...

Hong Kong’s central bank extended its investigation of possible misconduct in setting the city’s benchmark interest rates to HSBC Holdings Plc (HSBA) and other lenders after crackdowns by the U.S.,...

2013/06/18 19:06

1d

U.S. Charges Loom for Swiss Banks as Chamber Reje...

Swiss banks face the risk of further indictments for helping U.S. citizens evade taxes after Swiss lawmakers rejected a bill that would help resolve a tax dispute. Unless legislators change their...

2013/06/18 16:06

1d

Verizon Is Said to Express Interest in Canada’s W...

Wind Mobile also has been approached by suitors from Canada and elsewhere, said two of the people, who asked not to be named because the process isn’t public. UBS AG (UBSN) is advising Wind Mobile,...

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2013/06/18 07:50

1d

British prosecutor to charge central Libor suspect

British prosecutor to charge central Libor suspect - source June 17 - Britain's top fraud prosecutor is poised to bring criminal charges against former Citigroup Inc and UBS AG trader Thomas Hayes,...

2013/06/18 03:16

1d

China Banking Stress May Come Faster on Cash Crun...

China’s worst cash crunch in at least seven years is an indicator of shadow lending gone awry and a banking crisis may appear earlier than expected if liquidity remains tight, according to Fitch...

2013/06/18 03:06

1d

China Banking Stress May Come Faster on Cash Crun...

China’s worst cash crunch in at least seven years is an indicator of shadow lending gone awry and a banking crisis may appear earlier than expected if liquidity remains tight, according to Fitch...

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2013/06/17 07:16

2d

U.K. Bank Fines on Risk Management Failures Rose ...

The U.K. markets watchdog increased fines for risk management failings by more than seven times last year, according to a report by the Chartered Institute of Internal Auditors. The Financial...

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2013/06/17 05:16

2d

Temasek Sets Up U.K. Unit to Focus on Investments...

Temasek Holdings Pte, Singapore’s state-owned investment company, said it has set up a U.K.-based unit that will focus on investments in the region. John Cryan, president of Europe and co-head of the...

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2013/06/17 02:16

3d

Newcrest Facing Scrutiny Over June 7 Disclosure o...

Newcrest Mining Ltd. (NCM), Australia’s largest gold producer, is facing scrutiny from regulators about its disclosure of a possible A$6 billion ($5.7 billion) writedown after bullion slid into a bear...

2013/06/14 20:30

5d

Detroit's list of major creditors

... American Federation of State, City and Municipal Employees ■ Amalgamated Transit Union, Division 26 ■ Assistant Supv. of Street Maintenance & Construction Association ■ Association of City of...

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