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UBS news from FierceFinance
NewsCredit Suisse to turn over names to IRS
Are we in for a replay for the UBS drama over Americans using Swiss bank accounts to hide assets for tax purposes? We knew all along that the U.S. government was taking steps to pry the names of Read more...
Judge nixes Madoff trustee suit against JPMorgan
Are we seeing a step-up in the backlash against Irving Picard, the court-appointed trustee for the Bernard Madoff estate? A judge has dealt him a major loss in his efforts to recover funds on behalf Read more...
UBS stumbles, rogue trader case proceeds
The Kweku Adoboli scandal has been nothing short of a nightmare for UBS. The rogue trader's $2.3 billion losses prompted the resignation of CEO Oswald Grübel and the co-heads of equities. Eight Read more...
Synthetic ETFs under scrutiny abroad
One the surface, it looked like the SEC made a wise decision back in 2010 when it ostensibly halted the launch of exchanged-traded funds that invest heavily in derivatives. These so-called synthetic Read more...
UBS: Gruebel steps down, Ermotti steps up
Oswald Gruebel was something of an industry hero when he turned around vaunted Swiss bank Credit Suisse, which nearly went belly up in 2008 because of more than $50 billion in losses on various toxic Read more...
Fomer Goldman Sachs employee charged with insider trading
In an interesting civil action, the SEC has charged a former Goldman Sachs trader with insider trading, alleging that he tipped of his father to some impending ETF re-balancing activity that allowed Read more...
Delta One desks, ETFs and the UBS fiasco
Both Kweku Adoboli, the UBS trader who was arrested for his role in the latest European rogue trading scandal, and before him Jérôme Kerviel, the Société Read more...
Rogue trader sinks earnings at UBS
After all the rogue traders we've seen at the likes of Societe General, Barings and even Morgan Stanley (on a smaller scale), it still shocks me that banks allow this stuff to happen. This is one of Read more...
Wall Street cuts philanthropic giving
Say what you want about Bear Stearns, but there was one area where the bank was truly right: It's advocacy of executive giving to charity. No other top bank required its executives to donate a set Read more...
Worries mount about European banks
As bad as circumstances are for U.S. banks right now, they are even worse for their European counterparts, which have been the subject of mounting speculation and fear. The fact is that the very Read more...
| Press ReleasesSmith Electric Vehicles Corp. Files S-1 Registration Statement for Initial Public Offering of Common StockKANSAS CITY, Mo., Nov. 10, 2011 /PRNewswire/ -- Smith Electric Vehicles Corp. today filed a registration statement with the Securities and Exchange Commission for an initial public offering of its Read more >> UBS Hosts 39th Annual Global Media & Communications Conference Dec. 5-7, 2011 - The Longest Running Investor Conference on--(BUSINESS WIRE)-- UBS (NYSE:UBS):WHAT: UBS’ 39th Annual Global Media & Communications Conference will feature management presentations from more than 90 global and leadingadvertising, Read more >> Bleum Appoints Seth Pinegar as Chief Financial OfficerAddition to management depth for continued organic growth and strategic expansionSHANGHAI, Nov. 3, 2011 /PRNewswire/ -- Bleum Inc., a China-based specialist IT outsourcing provider, announced today Read more >> Lennar's Presentation at the UBS Building & Building Products Ninth Annual CEO Conference to be Webcast LiveMIAMI, Nov. 2, 2011 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, will broadcast live on its website, www.lennar.com, its presentation at the UBS Read more >> Zamansky & Associates Announces Notice of November 4, 2011 Deadline for All Lehman Brothers Structured Note HoldersNEW YORK--(BUSINESS WIRE)-- All holders of structured notes issued by the now-bankrupt Lehman Brothers Holdings, Inc., including so-called “100% Principal Protection Notes,” recently received a Read more >> |
