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News Breaks
November 6, 2009
07:57 EDTUBS
theflyonthewall.com: UBS fined for unauthorized trading by employees, FT reports
UBS (UBS) was fined GBP8M by a British regulator after the company's senior employees were found to have used client money to speculate on currencies and commodities between 2006 and 2007, accoridng to the Financial Times. The bank also had to repay clents for GBP26M in losses. Reference Link :theflyonthewall.com



News For UBS From The Last 14 Days
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February 13, 2012
18:04 EDTUBS
theflyonthewall.com: Moody's changes outlook on U.K. rating to "negative," Bloomberg reports
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18:03 EDTUBS
theflyonthewall.com: Moody's cuts ratings of Italy, Spain, and Portugal, Bloomberg reports

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10:34 EDTUBS
theflyonthewall.com: France lifts short-selling ban, Reuters reports

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February 12, 2012
19:28 EDTUBS
theflyonthewall.com: Greek parliament approves austerity bill, Reuters reports

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11:17 EDTUBS
theflyonthewall.com: Oil -demand view cut once again by IEA, WSJ says

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11:12 EDTUBS
theflyonthewall.com: Greece's vote on austerity imminent, WSJ says
Greece is preparing itself for a critical parliamentary vote on Sunday evening on austerity measures that will be necessary for the country in order to receive the next part of its bailout, says the Wall Street Journal. Reference Link :theflyonthewall.com

February 11, 2012
12:43 EDTUBS
theflyonthewall.com: Greek political leaders endorse austerity bill, Bloomberg says

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February 9, 2012
08:59 EDTUBS
theflyonthewall.com: Draghi confirms deal reached in Greece, FT says

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08:20 EDTUBS
theflyonthewall.com: EU may ease sovereign debt requirements for banks, Businessweek reports

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07:43 EDTUBS
theflyonthewall.com: Falcone's hedge fund pays 15% interest on $190M Jefferies loan, Bloomberg says

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February 8, 2012
07:33 EDTUBS
theflyonthewall.com: GSK clearing cash from Euro banks daily, Telegraph reports

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06:12 EDTUBS
theflyonthewall.com: UBS cuts investment bank bonuses 60%, WSJ reports

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05:37 EDTUBS
theflyonthewall.com: UBS downgraded to Sell from Hold at Deutsche Bank

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February 7, 2012
13:15 EDTUBS
theflyonthewall.com: Final agreement on rescue of Dexia unit expected soon, Reuters reports
According to sources familiar with the matter, a final agreement on a planned rescue of Dexia's local government lending unit is expected in "a matter of one or two days," Reuters reports. The supervisory board of French state bank Caisse des Depot will meet tomorrow to discuss Dexma, one source says. Reference Link :theflyonthewall.com
08:09 EDTUBS
theflyonthewall.com: Spain forcing more bank restructuring, consolidation, FT reports

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06:00 EDTUBS
theflyonthewall.com: UBS says bonus pool cut 40% versus the prior year
The company said costs were reduced by CHF 2.1B. :theflyonthewall.com
05:59 EDTUBS
theflyonthewall.com: UBS says improvements in Q1 may "fail to materialize fully"

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05:58 EDTUBS
theflyonthewall.com: UBS reiterates intention to propose 2011 dividend of CHF 0.10
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05:57 EDTUBS
theflyonthewall.com: UBS reports Q4 net profit CHF 393M, EPS CHF 0.10

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February 6, 2012
06:00 EDTUBS
theflyonthewall.com: Greek leaders to resume talks today, WSJ reports

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05:57 EDTUBS
theflyonthewall.com: French government, entities close to resolution on Dexia, WSJ reports

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February 5, 2012
16:13 EDTUBS
theflyonthewall.com: German poll says most would want Greece too leave euro, Reuters says
A German poll shows that a majority of the country's citizens feel the eoro would be better off without Greece, days Reuters, citing Bild am Sonntag. Reference Link :theflyonthewall.com
16:03 EDTUBS
theflyonthewall.com: Troika wants response from Greek party leaders by Monday, Bloomberg says

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11:17 EDTUBS
theflyonthewall.com: European finance ministers demand reform before rescue, Reuters says

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February 4, 2012
13:41 EDTUBS
theflyonthewall.com: Spain's latest banking measures might not be enough, WSJ says

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12:35 EDTUBS
theflyonthewall.com: Meeting of Greece's political leaders postponed till Sunday, WSJ says

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February 3, 2012
07:48 EDTUBS
theflyonthewall.com: European regulators expanding probe of UBS, Adoboli denied bail, Reuters reports

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06:36 EDTUBS
theflyonthewall.com: Swiss investigate banks suspected of manipulating interbank rates, Reuters says

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06:12 EDTUBS
theflyonthewall.com: U.S. files criminal charges against Switzerland's Wegelin & Co., WSJ reports
U.S. prosecutors filed criminal charges against Wegelin & Co., Switzerland's oldest bank, alleging it helped wealthy Americans hide more than $1.2B in secret foreign accounts, reports the Wall Street Journal. Reference Link :theflyonthewall.com

January 31, 2012
07:23 EDTUBS
theflyonthewall.com: Banks plan to tap even more funding in next round of ECB lending, FT reports

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07:19 EDTUBS
theflyonthewall.com: Commerzbank CEO defends choice to cut bonus pool, Telegraph reports
Martin Blessing, CEO of Commerzbank (CRZBY), testified that he "behaved honorably" in cutting the guaranteed bonus pool set up for Dresdner investment bankers after his company's takeover of Dresdner Bank amid the financial crisis, reported The Telegraph. Reference Link :theflyonthewall.com
05:34 EDTUBS
theflyonthewall.com: UBS may look to buy Brazilian lender, Bloomberg reports

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