News Breaks |
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| February 8, 2013 |
| 07:42 EDT |  | UBS | Court throws out UBS tax evasion lawsuit, Reuters reports
The 7th U.S. Circuit Court of Appeals in Chicago threw out an effort by some American customers of UBS (UBS) to recover damages over bank services that resulted in their having evaded U.S. taxes, reports Reuters. In 2009, UBS admitted that it helped several thousand wealthy Americans evade taxes. The bank also paid a $780M fine in settling with the Justice Department. 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 22, 2013 |
| 13:04 EDT | | UBS | UBS to face whistle-blower suit brought by strategist, Bloomberg says
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| 10:00 EDT |  | UBS | On The Fly: Analyst Downgrade Summary
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| 05:43 EDT | | UBS | UBS downgraded to Underperform from Market Perform at Keefe Bruyette
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| May 21, 2013 |
| 15:23 EDT | | UBS | UBS downgraded to Underperform from Market Perform at Keefe Bruyette
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| May 20, 2013 |
| 08:12 EDT |  | UBS | UBS names Sylvia Coutinho as CEO of UBS Group Brazil
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| 07:42 EDT |  | UBS | Cohasset Associates to host a conference
National Conference on Managing Electronic Records is being held in Chicago on May 20-22. |
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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 |
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| May 14, 2013 |
| 06:19 EDT | | UBS | Brokerage firms see market share drop, competition increase, Bloomberg reports
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| 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. |
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| 06:49 EDT | | UBS | ECB member says negative deposit rates would help economy, Reuters says
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| 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 |
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