Myth Drannor » swiss bank

UBS profits down on weak business

BBC News - Europe — Tue, 07 Feb 2012 07:00:38 +0000

Profits at Swiss bank UBS slump by three-quarters and the outlook remains tough as the eurozone crisis saps business.

Swiss bank head denies wrongdoing

BBC News - Europe — Thu, 05 Jan 2012 15:24:24 +0000

The head of the Swiss National Bank, Philip Hildebrand, denies any “legal breaches” resulting from his wife’s currency trades.

Swiss bank boss in currency storm

CNN.com - Business — Thu, 05 Jan 2012 10:33:12 +0000

The Swiss National Bank is forced to publish its central bankers' ethical code after the wife of its chairman bought $500,000 of "almost ridiculously cheap" US dollars while the bank discussed braking the Swiss franc's appreciation.

Swiss bank boss in currency deal storm

CNN.com - Europe — Thu, 05 Jan 2012 10:33:12 +0000

The Swiss National Bank publishes its ethical code after its chairman’s wife bought 500,000 U.S. dollars while the bank discussed braking the Swiss franc’s rapid appreciation.

Swiss bank denies dealing claims

BBC News - Europe — Wed, 04 Jan 2012 16:52:13 +0000

The Swiss central bank has said claims about the currency dealings of it’s chairman, Philipp Hildebrand, and his wife are ‘partly incorrect’

UBS to shed further banking posts

BBC News - Europe — Thu, 17 Nov 2011 17:48:34 +0000

Swiss bank UBS is to reduce its number of investment bankers by another 425, bringing the total to 2,000 losing their jobs over the next five years.

UBS appoints Ermotti as new chief

BBC News - Europe — Tue, 15 Nov 2011 10:08:17 +0000

Swiss bank UBS appoints Sergio Ermotti as its new chief executive in the wake of an alleged $2.3bn rogue trading scandal.

Swiss bank to expose US accounts

BBC News - Europe — Tue, 08 Nov 2011 15:13:27 +0000

Swiss bank Credit Suisse sends letters to some US clients saying their account details may be given to the Internal Revenue Service.

UBS profit despite trader scandal

BBC News - Europe — Tue, 25 Oct 2011 08:17:58 +0000

Swiss bank UBS reports third-quarter net profit of 1bn Swiss francs ($1.1bn; £710m), despite being hit by losses from alleged rogue trading.

Fitch lowers rating on UBS bank

BBC News - Europe — Thu, 13 Oct 2011 21:29:47 +0000

Ratings agency Fitch downgrades Swiss bank UBS and put 12 other banks in Europe on notice that they may receive the same treatment.