Ubs

Banks Fined €1.7 Billion Over Interest Rate Rigging Cartel

The Huffington Post UK/PA | Posted 23.01.2014 | UK

Royal Bank of Scotland and Barclays are among a raft of global banking giants involved in a record 1.7 billion euro (£1.4 billion) settlement with Eu...

Royal Mail Sale Has Left You Out Of Pocket, Warns Tory MP

The Huffington Post UK | Asa Bennett | Posted 20.11.2013 | UK Politics

The Royal Mail's controversial privatisation has ended up costing the taxpayers money, a Tory MP has warned, as it was undervalued by the banks before...

'Keep 1mth As Low As Possible.. He'll Suck Your Old Fella'

The Huffington Post UK | Asa Bennett | Posted 25.09.2013 | UK

City broker ICAP has been hit with a £54m fine by both American and British financial regulators as three of its former employees have been charged o...

How Many Tips Have Sparked Corporate Fraud Investigations?

The Huffington Post UK | Asa Bennett | Posted 26.07.2013 | UK

Calls to the Serious Fraud Office’s whistleblower hotline have failed to lead to any official investigations. The "SFO Confidential" service rec...

UBS Fined £9.45m In New Mis-Selling Row

The Huffington Post UK | Charlie Thomas | Posted 12.02.2013 | UK

Swiss bank UBS has been fined £9.45 million for mis-selling the AIG Enhanced Variable Rate fund to hundreds of customers in the run up to the financi...

Charlie Thomas

Why Were UBS Chiefs Accused Of Behaving Like Casablanca's Captain Renault?

HuffingtonPost.com | Charlie Thomas | Posted 10.01.2013 | UK

Four former UBS chiefs were grilled by MPs on Thursday over their knowledge of the manipulation of the London interbank offered rate setting. Ex-gr...

Charlie Thomas

Is This The End Of Swiss Banking As We Know It?

HuffingtonPost.com | Charlie Thomas | Posted 10.01.2013 | UK

Last week, Swiss private bank Wegelin admitted to allowing more than 100 US citizens to hide $1.2 billion (£0.75bn) from the Internal Revenue Service...

Two UBS Traders Charged Over Rate-Rigging Scandal

PA/Huffington Post UK | Posted 19.12.2012 | UK

Two former UBS traders have been charged by United States prosecutors in connection with efforts to manipulate Libor interest rates. The US crimina...

UBS Given Biggest Fine Yet Over Libor Scandal After Admitting 'Unethical' Behaviour

PA/The Huffington Post UK | Posted 19.12.2012 | UK

Swiss bank UBS has agreed to pay £940 million to regulators in the biggest penalty yet from the industry's Libor-rigging scandal. The settlement, ...

Charlie Thomas

UBS Libor Settlement Expected Before Christmas

HuffingtonPost.com | Charlie Thomas | Posted 14.12.2012 | UK

Swiss banking giant UBS is understood to be close to agreeing a $1 billion payment for its involvement in the Libor rate rigging scandal. The Wall ...

Four Phrases You DON'T Want To Hear At The Watercooler

Charlie Thomas | Posted 03.12.2012 | UK

New research has revealed its not just companies' top decision-makers who can present a risk to a firm's reputation - front line staff could ruin your...

UBS Fined £29.7m Over Rogue Trader

Charlie Thomas | Posted 26.11.2012 | UK

Banking giant UBS has been fined £29.7 million by the financial services watchdog for its failings which allowed Kweku Adoboli - known as the rogue t...

UK UBS Investment Bankers Fear Jobs Cuts

Charlie Thomas | Posted 30.10.2012 | UK

UBS has confirmed a further 10,000 jobs worldwide are at risk of being axed, causing concern among its 6,500 British investment banking staff. The ...

'Bombshell' Email In Full

PA | Posted 14.09.2012 | UK

Here is the text of the "bombshell email" that Kweku Adoboli sent to chartered accountant William Steward after allegedly causing Swiss bank UBS losse...

'Rogue Trader' With The 'Magic Touch'

Posted 14.09.2012 | UK

A City trader who gambled away £1.4 billion thought he had "the magic touch" but caused "chaos and disaster". Kweku Adoboli, 32, exceeded his trad...

'Rogue Trader' Accused On Trial

PA | Posted 14.09.2012 | UK

The trial of a City trader accused of losing £1.4 billion while working for Swiss Bank UBS is due to begin on Monday. Kweku Adoboli will appear at...

UBS 'Rogue Trader' Pleads Not Guilty To £1.5bn Fraud

Posted 30.01.2012 | UK

The City trader accused of fraudulently gambling away £1.5bn at UBS has pleaded not guilty at Southwark Crown Court. Kweku Adoboli, 31, faces char...

Occupy London Protesters To Hear High Court Ruling On Wednesday

PA | Posted 18.01.2012 | UK

A bid to remove anti-capitalist protesters who have been camped outside St Paul's Cathedral for a month is set to reach the High Court on Wednesday. ...

Occupy London: Campaigners Take Over Former UBS Building

PA | Posted 18.11.2011 | UK

Economic justice campaigners who have been camped outside St Paul's Cathedral for weeks announced they have occupied an abandoned office block owned b...

Wrong lessons are learned from the UBS losses at Delta One trading: ring-fencing is not the answer

Ismail Erturk | Posted 03.12.2011 | UK
Ismail Erturk

The supporters of the UK Independent Commission on Banking's report saw the $2 bn. losses last week at UBS from the allegedly fraudulent behaviour of ...

UBS Chief Executive Quits Over Rogue Trader Scandal

Olivia Williams | Posted 24.11.2011 | UK

Oswald Gruebel, the CEO of UBS resigned on Saturday, shouldering the blame after the Swiss bank lost £1.5 billion due to the unauthorised trading of ...

UBS Rogue Trader Suspect Remanded In Custody

PA | Posted 22.11.2011 | UK

The suspected rogue trader accused of gambling away a record £1.5 billion has appeared in court. Kweku Adoboli, 31, will face a se...

'£1.5bn Rogue Trader' Facing Court

PA | Posted 21.11.2011 | UK

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Who Needs Milk and Honey? Israel is the Land of Opportunity and Money, According to Bank of Israel Governor

Daniel Seal | Posted 18.11.2011 | UK
Daniel Seal

Regardless of nuance, following the breakfast, what seems certain is that more UK company directors will want to direct their investments towards the stable, solid and strengthening Israeli economy.

UBS 'Rogue Trade' Suspect Charged

Huffington Post UK | Posted 16.11.2011 | UK

Rogue trader suspect Kweku Adoboli has appeared in court after being charged with fraud over £1.3 billion worth of unauthorised deals at Swiss bankin...