United Kingdom
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Thursday, 28 August 2008
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| View All Articles About 'Ubs' |
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| 1. |
UBS to split wealth management and investment bank
Swiss bank UBS AG will separate its business into three autonomous units after it identified weaknesses in its integrated one-bank strategy, it said, after posting a worse-than-expected second quarter loss of around $330 million (174 million pounds).
12 Aug 2008 |
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BSkyB to launch online subscription music service
Pay-TV firm BSkyB is to launch an online subscription music service and has signed the world's largest music group Universal as its first partner, in a deal that could challenge Apple.
23 Jul 2008 |
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European banks set for big writedowns-analysts
UBS and other European banks are set to unveil billions more euros in writedowns on assets hit by the U.S. subprime crisis and credit crunch, although second quarter losses should be less than the previous quarter, analysts said.
08 Jul 2008 |
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Tax credit to save UBS from another hefty loss
Battered Swiss bank UBS said on Friday it should be saved from another hefty loss in the second quarter by a large tax credit, giving a much-needed boost to its share price.
04 Jul 2008 |
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UBS gets 99% take up of rights issue
Troubled Swiss bank UBS said that over 99 per cent of new shares offered had been bought in its 16 billion Swiss franc (£7.9 billion) rights issue.
13 Jun 2008 |
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EU probes biodiesel subsidies in new trade row
European Union trade officials have launched an investigation into whether imports of U.S. biodiesel break international trade rules because of subsidies, the EU's executive Commission said on Friday.
13 Jun 2008 |
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UBS to cut 5,500 jobs
UBS will cut 5,500 jobs or almost 7 percent of its workforce as Europe's biggest subprime casualty reverses a rapid expansion into investment banking.
06 May 2008 |
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Investor risk appetite growing
Investor optimism is increasing across the board with risk appetite for equities now neutral and approaching positive levels, UBS said on Monday.
30 Apr 2008 |
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UBS report blames lax controls for credit losses
Poor risk control and a narrow focus on revenue growth at UBS AG's investment bank helped cause huge credit losses, UBS said on Monday, as it prepares to meet restive shareholders this week.
21 Apr 2008 |
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