Search Results for: UBS
Deutsche Bank and UBS lose bonus tax case
March 10th, 2016
The UK Supreme Court has ruled Deutsche Bank and UBS should pay taxes on bonuses paid to their investment bankers. The bonuses were paid to staff via offshore accounts in the form of shares to avoid attracting income tax ...
France launches probe into UBS subsidiary over fraud case
March 3rd, 2016
France on Wednesday launched an official investigation into the French subsidiary of Swiss banking giant USB for alleged witness intimidation, a source close to the case told AFP. UBS France is suspected of trying to silence a whistle-blower who ...
UBS investigated for tax fraud and money laundering in Belgium
February 29th, 2016
Swiss bank giant UBS is being investigated over money laundering and serious organised tax fraud in Belgium. A statement from prosecutors said: “The Swiss bank is suspected of having directly, and not via its Belgian subsidiary, approached Belgian clients ...
ASIC bans former director and responsible manager of Macquarie subsidiary
February 16th, 2016
ASIC has banned Mr Timothy Hornibrook of Clovelly, New South Wales, from providing financial services for a period of six years. Mr Hornibrook, formerly a director and responsible manager of Australian financial services licensee, Macquarie Agricultural Funds Management Ltd ...
Iran appears keen to start mining its substantial metals reserves
February 4th, 2016
Iran Looking To Ramp Up More Than Just Oil Production As the oil markets remain focused on the re-emergence of Iran as a major oil producer following the recent lifting of sanctions, another oversupply storm is brewing as the ...
UBS published fourth-quarter 2015 results
February 3rd, 2016
UBS has issued a press release to make publish its fourth-quarter 2015 results. According to UBS: UBS 2015 net profit up 79% to CHF 6.2 billion Fourth-quarter net profit CHF 949 million; quarterly diluted earnings per share CHF 0.25; ...
Euronext Amsterdam welcomes 52 UBS Asset Management ETFs
February 1st, 2016
New issuer marks strong growth of Dutch ETF market Euronext Amsterdam welcomed UBS Asset Management,a large-scale asset manager with long experience in the field of ETFs and index investing,as its new ETF issuer. UBS Asset Management listed 52 new ...
UBS selects Markit for index administration
January 26th, 2016
Markit today announced that it has been engaged to administer and calculate UBS Investment Bank’s investible indices. Xavier de la Porte du Theil, head of Investment Strategies Structuring at UBS, said: “We are very pleased to be able to ...
UBS:Developed economies likely to benefit while emerging economies likely to suffer in Fourth Industrial Revolution
January 20th, 2016
A new UBS white paper unveiled at the World Economic Forum`s Annual Meeting reveals that economic flexibility is vital to succeeding in 2016 and beyond. Fourth Industrial Revolution being driven by extreme automation and connectivity Low and middle-skilled jobs ...
WhatsApp to Drop Subscription Fee
January 19th, 2016
WhatsApp will scrap its subscription fee and explore ways that businesses can interact with the mobile messaging service’s users to make up for the lost revenue, its co-founder said Monday. The app previously had charged an annual renewal fee ...
