Profit forecast includes the US$2.3 billion loss resulting from unauthorized trading
Rising oil prices, improving risk sentiment to support currency
IRS reaches deal to access as to accounts that U.S. investors might have used to avoid taxes
Moody’s Investors Service has placed the long-term debt and deposit ratings of Swiss bank UBS AG on review for possible downgrade, citing the fact that a couple of key investment businesses face bigger challenges than previously thought.The rating agency said Monday that the review reflects its “view of the considerable challenges that UBS continues to […]
Alliance with Trucost enhances UBS’s ability to provide highly relevant and differentiated perspectices
UBS AG announced that its 2008 annual report restatement amounts to profit reduction of 405 million Swiss francs (US$366 million).The firm announced in its first quarter report on May 5, that it has restated its annual report for 2008, including the financial statements and other information.“For full-year 2008, the total net impact of all restated […]
Deal will strengthen UBS’s capital
Swiss bank warns of first-quarter loss