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UBS aiming for a break up?

What to make of the latest UBS news? The bank is breaking into three distinct business units--Wealth management (sort of private banking), asset management and investment banking--and has been... Read more...

UBS to settle ARS issues for nearly $19.4 billion

We thought Citigroup might become the poster child for the auction rate securities scandals--yes we can now use that term--given the fact that New York regulators are... Read more...

Ah swiss banking! UBS exec detained temporarily

American regulators seem determined to get to the bottom of whether UBS helped some of its American clients evade taxes. It sent a strong signal this week by temporarily detaining Martin Liechti,... Read more...