Ex-UBS, Citigroup trader jailed for 14 years for rigging Libor rates
A trader who worked for UBS and Citigroup was jailed Monday for 14 years by a London court after becoming the first person to be found guilty by a jury of rigging the benchmark Libor inter-bank lending rate.
Aug 03, 2015, 23:51 PM IST
Ex-UBS, Citigroup trader convicted in UK of Libor rigging
A trader who worked for UBS and Citigroup on Monday became the first person to be convicted by a jury in Britain of rigging the benchmark Libor inter-bank lending rate.
Aug 03, 2015, 20:40 PM IST
UBS posts 53% rise in second quarter profits
Switzerland's largest bank UBS on Monday posted second quarter profits of 1.2 billion Swiss francs ($1.25 billion, 1.1 billion euro), a 53 percent rise over the same period last year, which beat expectations.
Jul 27, 2015, 14:13 PM IST
UBS posts 53% rise in second quarter profits
Switzerland's largest bank UBS on Monday posted second quarter profits of 1.2 billion Swiss francs ($1.25 billion, 1.1 billion euro), a 53 percent rise over the same period last year, which beat expectations.
Jul 27, 2015, 14:13 PM IST
UBS cuts Nifty target to 8,600 for end of this year
Swiss brokerage major UBS has revised downwards its Nifty target for end of this year to 8,600 from 9,200 earlier as investors are worried about adverse impact on growth/inflation from potential weak monsoons ahead.
Jun 11, 2015, 19:45 PM IST
Most FIIs still overweight on Dalal Street, says UBS
Most foreign investors are still overweight on domestic market despite the minimum alternate tax (MAT) issue and muted earnings growth, according to Swiss brokerage UBS.
May 20, 2015, 21:12 PM IST
UBS to pay $545 mn over forex scandal, rivals await fate
UBS will pay $545 million to US authorities to end an investigation into alleged manipulation of currency rates, a settlement that will help the Swiss bank to move on after a series of trading scandals.
May 20, 2015, 17:01 PM IST
UBS says not fined in currency rigging probe but must pay $342 mn
Swiss banking giant UBS said Wednesday that the US Department of Justice had dropped charges against it after a probe into currency rigging.
May 20, 2015, 12:33 PM IST
Forex rigging settlements now seen next week
Five major banks are expected to settle with US and British authorities next week for their role in rigging the foreign exchange market, a source told AFP Tuesday.
May 12, 2015, 23:41 PM IST
UBS net profit surges 88% in first quarter
Switzerland`s biggest bank UBS reported Tuesday an 88 percent surge in first quarter profits, despite a strong franc, outstripping analysts` forecasts.
May 05, 2015, 21:05 PM IST
UBS cuts Nifty target for Dec-2015 to 9,200 from 9,600
Global brokerage firm UBS has cut its Nifty target for December this year to 9,200 from 9,600 amid slower-than-expected recovery in growth.
Apr 20, 2015, 18:30 PM IST
France issues warrants for UBS managers in tax fraud case
French judges on Tuesday issued arrest warrants for three former managers at Swiss bank UBS over allegations it helped customers hide money from the taxman in Switzerland.
Feb 17, 2015, 17:59 PM IST
Housing finance firms gain after UBS upgrade
UBS upgrades Housing Development Finance Corpand Indiabulls Housing Finance.
Dec 19, 2014, 13:15 PM IST
UBS remains bullish on domestic equities for 2015
The sentiment amongst investors at the UBS India's 10th annual conference was clearly positive and interest in Indian equities was high.
Nov 23, 2014, 12:41 PM IST
Interstate trade facilitation to enhance growth prospects: UBS
According to the report, the size and potential growth of India's domestic market should be a boon for Indian and international producers.
Nov 19, 2014, 16:14 PM IST
'Bullish' UBS sees Nifty at 9,600 points by Dec 2015
On sector positioning and top picks, UBS said it remains overweight on banks, oil & gas, power, telecom and media
Nov 11, 2014, 19:51 PM IST
UBS raises Nifty's target to 9,600
UBS expects lower rates and reforms to drive growth recovery.
Nov 11, 2014, 10:59 AM IST
UBS pays 1.1-billion-euro bail in France for tax fraud
Swiss banking giant UBS has made a 1.1-billion-euro ($1.4 billion) bail payment for allegedly helping rich French clients to hide money in Switzerland, a lawyer for the firm said Tuesday.
Sep 30, 2014, 22:18 PM IST
Barclays, Citigroup, HSBC and others may face record fines over currency rigging: Report
Barclays, Citigroup, HSBC, JPMorgan Chase, the Royal Bank of Scotland and UBS have begun meetings with the Financial Conduct Authority (FCA) to agree a settlement, and fines may amount to over one billion pounds ($1.6 billion, 1.3 billion euros), the FT reported, citing sources close to the situation.
Sep 27, 2014, 03:58 AM IST
Midcaps' valuations at historical highs, says UBS
Investment bank UBS turns more selective on Indian midcaps, says valuations relative to large caps are now at historical highs.
Sep 24, 2014, 10:43 AM IST
