News

Don’t cry for Aberdeen Asset Management but Argentina’s currency issues sent it falling yesterday.

UBS sues client

UBS has launched legal action against its own clients, a joint venture of Terra Firma and Deutsche Bank, after they refused to allow the Swiss investment bank to sell debt relating to a buyout to their rivals.

Olivant raises stakes and calls for UBS reform

Olivant has raised its stake in UBS and backed the Swiss bank's rights issue but it continued to apply pressure for a strategy overhaul.

Olivant raises its stake in UBS

Olivant has raised its stake in UBS and backed the Swiss bank's rights issue but it continued to apply pressure for a strategy overhaul.

UBS plans to shed 5,500 jobs amid market turmoil

UBS, the embattled Swiss financial giant, has announced 5,500 job losses as the bank's woes continue to take a toll on its core wealth management business.

More jobs to go at UBS as investors vent their frustration

For executives at UBS, the worst European victim of the credit crunch, this was Groundhog Day.

UBS chairman's pay cut by 90% after its first full-year loss

The chairman of the Swiss banking giant UBS had his pay packet slashed by 90 per cent in 2007 after the bank slumped to its first full-year loss following huge sub-prime writedowns.

UBS warns of difficult year ahead as sub-prime woes put it in the red

The Swiss investment banking giant UBS faces further pain after reporting the first year of losses since its landmark merger a decade ago, admitting that 2008 would be "another difficult year".

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Isis is an hour from Baghdad, the Iraq army has little chance against it, and air strikes won't help

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