UBS AG (NYSE: UBS; SWX: UBSN; TYO: 8657) is a diversified global financial services company, with its main headquarters in Basel & Zürich, Switzerland. It is the world's largest manager of private wealth assets, "the world's biggest manager of other people's money" and is also the second-largest bank in Europe, by both market capitalisation and profitability. UBS has a major presence in the U.S., with its American headquarters located in New York City(Investment Banking); Weehawken, New Jersey (Private Wealth); and Stamford, Connecticut (Capital Markets). UBS's retail offices are located throughout the United States, and in over 50 other countries. UBS is an abbreviation, which originated from a predecessor firm, the Union Bank of Switzerland, however UBS ceased to be considered a representational abbreviation after its 1998 merger with Swiss Bank Corporation.
Source: Livemint.com
Chennai: When Delhi-based financial adviser Manish Sinha racked up a phone bill of Rs 1.62 lakh in a month a year ago, he had not anticipated that 3G (third generation) data usage could put a serious hole in his pocket ...
Full article at: Livemint.com
More like this 3 hours ago
Source: China Daily
Large manufacturers with falling sales seek to boost market share Large manufacturers, strugng against falling profits and slower growth, are pinning their hopes on government stimulus measures and reform, economic analysts said. Earnings among ...
Full article at: China Daily
More like this 3 hours ago
Source: Gulfnews
Dubai: A member of Kuwait's ruling family, Shaikh Mesha'al Jarah Al Sabah, is suing Swiss bank UBS in Dubai, alleging unpaid fees. UBS AG invited Shaikh Mesha'al to apply for a non-executive position with the bank soon after it became the lead ...
Full article at: Gulfnews
More like this 5 hours ago
Source: Gulfnews
London: Turkey expanded its gold reserves by 29.7 metric tonnes in April as Ukraine, Mexico and Kazakhstan increased their holdings of the metal, International Monetary Fund data show. Turkey's bullion reserves climbed to 239.3 tonnes last month ...
Full article at: Gulfnews
More like this 6 hours ago
Source: NDTV
Dead silence. For nearly 20 minutes on the morning of Facebook Inc's trading debut last Friday, the line Nasdaq had opened up to keep traders informed about the social media company's $16 billion IPO had ...
Full article at: NDTV
More like this 14 hours ago
Source: The Star Malaysia
ZURICH (Reuters): UBS AG could see up to 10 percent of its European assets of 300 billion Swiss francs ($312.52 billion) moved out due to pressure to clamp down on untaxed accounts, the head of the wealth management business was quoted a ...
Full article at: The Star Malaysia
More like this 1 day ago, 9:15am CDT
Source: Wall Street Cheat Sheet
Markets closed down on Wall Street today: Dow -0.62%, S ...
Full article at: Wall Street Cheat Sheet
More like this 1 day ago, 6:34am CDT
Source: Economic Times
Dead silence. For nearly 20 minutes on the morning of Facebook Inc's trading debut last Friday, the line Nasdaq had opened up to keep traders informed about the social media company's $16 billion IPO had been mute. Well after th ...
Full article at: Economic Times
More like this 1 day ago, 1:31am CDT
Source: Independent.ie
Market-makers looking to recoup losses after customer order glitch CLAIMS by four of Wall Street's main market-makers against Nasdaq over Facebook's botched IPO are likely to exceed $100m (€80m), as they and other traders c ...
Full article at: Independent.ie
More like this 1 day ago, 11:03pm CDT