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News Breaks | | | | November 1, 2012 | | 06:38 EDT |  | UBS | UBS fixed income co-head Roberto Hoornweg to leave, FT reports
Roberto Hoornweg, the co-head of the fixed income division at UBS (UBS), is poised to leave after three years at the bank, sources tell the Financial Times. The bank is expected to name co-head Rajeev Misra as sole head of the fixed income trading business, most of which will be brought into a non-core unit that will be wound down over the next three years. Reference Link | |
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News For UBS From The Last 14 Days Check below for free stories on UBS the last two weeks. |
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| May 16, 2013 | | 12:32 EDT |  | UBS | EU bank stress test delayed until 2014 by regulator
The EBA agreed on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe. Since appropriately reviewed balance sheets are a key input to an effective stress test, the EBA has also adjusted the timeline of the next EU-wide stress test so to conduct the exercise in 2014 once the asset quality reviews are completed. However, to ensure transparency and comparability over the years, the EBA will provide, in 2H, appropriate disclosure on the actual exposures of the EU banking sector. Reference Link | | | May 14, 2013 | | 06:19 EDT | | UBS | Brokerage firms see market share drop, competition increase, Bloomberg reports
 Subscribe for More Information | | | May 13, 2013 | | 07:29 EDT |  | UBS | Skillsoft to host a conference
2013 Global Skillsoft Perspectives Learning Industry Conference is being held in Orlando, Florida on May 13-16. | | | 06:49 EDT | | UBS | ECB member says negative deposit rates would help economy, Reuters says
Subscribe for More Information | | | May 10, 2013 | | 13:17 EDT | | UBS | UBS names Palmer head of equity markets for Americas, Reuters reports
UBS has installed James Palmer as head of equity capital markets for the Americas, according to Reuters, which cited an internal memo it obtained. Palmer was previously a managing director in the group, the news service stated. Reference Link | | | May 7, 2013 | | 10:20 EDT | | UBS | Banks accused of restraining swaps market competition, Bloomberg says
A sheet metal workers union in Cleveland claimed in federal court that Goldman Sachs Group (GS), Citigroup (C) and 10 other banks have restrained market competition" for credit default swaps, violating U.S antitrust law, says Bloomberg. Other banks named in the complaint include Bank of America (BAC), Deutsche Bank (DB), and UBS (UBS), added Bloomberg. Reference Link | | | May 6, 2013 | | 07:54 EDT |  | UBS | Assured Guaranty reaches RMBS settlement with UBS
Subscribe for More Information | | | May 5, 2013 | | 15:24 EDT | | UBS | UBS plans to vacate most of space it rents at 299 Park Ave, Bloomberg says
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