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
UBS confirms it is looking at clawing back bonuses from former executives who were in charge when it racked up the largest credit-crunch losses of any European bank... more
Credit Crunch: Swiss bank UBS said it expects a small profit in the third quarter as it prepares to shed another 2,000 jobs, or 10% of its investment banking workforce... more