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Hundreds more London jobs to go in new cutbacks at UBS

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Chief exec of crisis-torn UBS makes a hasty exit

26.02.09
Banking: The chief executive of UBS was ousted as the flames of exposure to the global credit crisis, accusations of helping rich Americans avoid tax and links to the Madoff scandal engulf the giant Swiss bank... more

Hundreds more London jobs to go in new cutbacks at UBS

10.02.09
Banking: Hundreds more investment banking jobs are to go at UBS's as Switzerland's largest bank said it wants to reduce staff by another 2000 or more this year... more

UBS set for new crunch writedown of £2.8bn

15.09.08
Banking: UBS, Switzerland’s biggest bank, is set to write down a further $5 billion (£2.79 billion) in assets... more

UBS ‘knew of rule breaches’

13.08.08
Senior executives at Swiss bank reportedly knew some of their bankers may have breached US securities rules... more

Another £173m loss for UBS as the rich pull out

12.08.08
Bank suffered heavy losses after it was hit by massive credit crunch writedowns and rich clients withdrew billions... more

No respite for UBS as it stays mired in the red

04.07.08
UBS is set to report it has stayed in the red during second-quarter trading, extending its annus horribilis... more

UBS offloads subprime loans in $15bn deal

21.05.08
UBS today sold the bulk of its US subprime loans to fund manager BlackRock but had to fund 75% of the deal with its own lending... more

UBS to axe 5500 after £9.6bn writedown drives it into red

06.05.08
Swiss banking giant counts the cost of the subprime mortgage crisis and resulting credit crunch... more

London jobs to go as UBS wields axe after new losses

06.05.08
It is expected at least 500 jobs will be lost in London, out of 5500 to be axed worldwide... more

Crisis-hit UBS to axe 900 London bank jobs

17.04.08
Banking giant UBS tells staff it will axe 900 London staff by the end of June... more

UBS chief quits after new hit of £9.6 billion

01.04.08
Marcel Ospel falls on his sword as UBS announce another £9.6bn of subprime writedowns... more

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