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Regulation
UBS Pays $120,000 for "Careless" Conduct on the ASX
2018-11-20T08:55:53.000+02:00
Traders at UBS bought around 18 million securities in ways other than by the matching of an order book.
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Executive Moves
Deutsche Bank Strengthens Equities Team, Adds James Rubinstein
2018-10-29T14:54:53.000+02:00
Most recently, Rubinstein was the Americas Head of Algorithmic Trading and Analytics at UBS.
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Execution
UBS Beats Market Expectations, Reports 32% Rise in Profits
2018-10-25T09:13:50.000+02:00
The solid performance was driven by higher loan volumes and solid growth in both equities and forex trading.
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Celeste Skinner
News
Ex-UBS Bankers Raise $104 Million for New Swiss Crypto Bank
2018-09-27T11:23:19.000+02:00
Seba Crypto AG will apply for a FINMA licence in October.
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Executive Moves
UBS Appoints Two Co-Presidents to Head Up Investment Bank
2018-09-26T10:50:58.000+02:00
Piero Novelli and Robert Karofsky will take up their new roles following Andrea Orcel's departure
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David Kimberley
Regulation
Former UBS Trader Who Committed UK’s Biggest Fraud Faces Deportation
2018-09-04T10:16:35.000+02:00
Kweku Adoboli was detained on Monday, a prelude to being deported to Ghana.
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Investing
UBS Sells its Robo-Advisor SmartWealth to SigFig
2018-08-29T22:22:17.000+02:00
SmartWealth was built for those who don’t meet the £2 million asset minimum of UBS' other wealth management services.
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Executive Moves
UBS Secures Former Goldman Sachs Veteran Ronald Jansen as Managing Director
2018-08-16T15:02:23.000+02:00
By joining UBS, Jansen ends his 13-year tenure at Goldman Sachs.
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Execution
UBS Beats Expectations in Q2, Driven by Investment Bank
2018-07-24T10:55:36.000+02:00
In the second quarter, UBS reported a 12 percent rise in pre-tax profits, driven by the Group’s investment bank.
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Prime Brokerage
MiFID II Prompts Swiss Prime Brokerage UBS to Halt Research Distribution
2018-04-09T22:18:38.000+02:00
Third parties are no longer going to receive the price targets and research on equities
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Victor Golovtchenko
Regulation
UBS Securities Asia Limited Reprimanded and Fined $4.5 Million by SFC
2018-03-21T14:30:05.000+02:00
The SFC has responded to UBS’ failures to record transactions and client consents regarding its facilitation trading activities.
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Regulation
Spoofing, Fraud Charges Dropped in Ex-UBS Trader Case
2018-02-21T18:11:07.000+02:00
He was arrested while visiting his girlfriend in New Jersey.
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Executive Moves
Martin Blessing to Replace Jürg Zeltner as Head of Wealth Management at UBS
2017-12-14T17:12:16.000+02:00
The former Commerzbank CEO, who finishes an eight year term, will enter his new role at the end of 2017.
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Innovation
UBS and Six Other Banks to Use the Ethereum Network for Data Reconciliation
2017-12-12T08:08:10.000+02:00
The adoption of the ETH network is part of the 'Madrec' plan.
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Rachel McIntosh
Executive Moves
Axioma On-Boards Ian Lumb as its Head of Risk Solutions
2017-12-06T11:06:51.000+02:00
Lumb joins Axioma in a newly created role following a decade at UBS Delta.
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Jeff Patterson
Regulation
EU FX Probe Nears Conclusion as Major Banks Negotiate Settlement
2017-11-20T09:23:03.000+02:00
A settlement with each of the eight banks in the alleged cartel is expected in the next few months.
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Prime Brokerage
UBS Foreign Exchange and Fixed Income Revenues Tank by Over a Third YoY
2017-10-27T13:43:37.000+02:00
The investment banking division of the Swiss giant posted a decline of 37 percent in trading.
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News
UBS Boss Hits Out at Bitcoin – ‘It Is Only a Transaction Currency’
2017-10-04T19:02:06.000+02:00
Weber believes that Bitcoin’s prospects as a currency are bleak, but that the blockchain holds promise.
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Innovation
Six More Major Banks Join UBS’ Digital Cash Initiative
2017-08-31T14:26:21.000+02:00
UBS initially launched the idea back in September 2015 with blockchain firm Clearmatics.
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Prime Brokerage
Banks Publish Research Costs Ahead of MiFID II, Revealing Industry Disparity
2017-08-18T10:45:39.000+02:00
UBS and JPMorgan revealed the lowest priced equity research packages in the industry, starting at $10k.
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Executive Moves
UBS Taps Cat Rust as its Innovation Head in China
2017-07-21T11:38:06.000+02:00
UBS is looking to fortify its client engagement capabilities in Greater China.
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Prime Brokerage
UBS’ Sergio Ermotti Floats Frankfurt as Destination for Bank’s London Jobs
2017-07-12T11:05:29.000+02:00
"I think Frankfurt is a location of choice. There are different, other locations that could come into consideration.”
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Executive Moves
UBS Wealth Management Taps Andy Jackson as Client Advisor in Midlands Unit
2017-07-03T17:59:28.000+02:00
The latest move by the UBS Group subsidiary is designed to enhance the company's activity in the area.
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Executive Moves
Citigroup Adds Two Senior Bankers from UBS
2017-06-22T15:20:02.000+02:00
Citigroup has poached Jiang Guorong and Alison Harding-Jones from UBS.
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Prime Brokerage
Banking Revival? Barclays and UBS’ Q1 Earnings Don’t Disappoint
2017-04-28T11:44:51.000+02:00
Profits soared during Q1 at the lenders as their restructuring plans begin to pay dividends.
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See more
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