A double blow for the principals of the GLG hedge fund that was bought by rival Man Group last year for £1.1 billion, in what Man boss Peter Clarke described at the time as a "transformational" deal... more
Swiss bank UBS expects to report a modest third-quarter net profit as windfall gains on its own credit cancel out the $2.3 billion lost in a rogue trading scandal... more
Analysis: Former England football manager Graham Taylor said leading the national side was "an impossible job". Since UBS boss Oswald Grübel has resigned, one could describe running the bank in the same way... more
UBS chief executive Oswald Gruebel says he has the support of his board despite the rogue trading scandal that cost the Swiss bank $2.3 billion and prompted calls for tougher regulation of risky investment bank practices... more
UBS Chief Executive Oswald Gruebel is to seek a vote of confidence at a board meeting for plans to slash the investment division that recently caused a $2.3 billion loss... more
A well-connected City Spy reader gets in touch about the UBS scandal and alleged rogue trader Kweku Adoboli. "Perhaps people are looking the wrong way for who caused UBS's losses," he says... more
There were gasps of disbelief at the Liverpool Street headquarters of UBS as the red strip flashed up on Bloomberg saying the bank had discovered a rogue trader who had lost it $2 billion (£1.26 billion)... more
The discovery by UBS that a rogue trader has run up $2 billion of losses could prove to be the catalyst for the Swiss regulator to close down the loss-making, gaffe-prone investment bank... more
The future of the investment banking giant UBS in London hangs in the balance after it revealed that a single rogue trader had run up losses of $2 billion... more
Swiss bank UBS, a major employer in the City, warns that it will make big job cuts as financial markets stutter and the cost of regulation soars... more
When the talk in the City is all of sharpened axes and job losses at the major investment banks, reports of a major cull looming at UBS will do little to soothe the nerves of the masters of the universe... more
London could become the official headquarters for UBS's investment banking operations as the bank overhauls its structure to protect Swiss taxpayers from any future bailout... more
Swiss banking giant UBS announces its first annual profit since 2006 as its investment bank which employs thousands of people in London swung back into the black in the final quarter of last year
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Executives at UBS are concerned that pending bonuses will be inadequate to retain top talent at the Swiss bank, one of the hardest hit during the financial crisis... more
Swiss bank UBS strongly defends its decision not to prosecute former directors who left it the biggest European loser in the financial crisis of 2007 and 2008... more
Swiss banking giant UBS beats all expectations with second-quarter profits of SwFr 2 billion
and also says it expects to complete its deal with the US tax authorities by October of this year... more
UBS’s 6,000 London bankers can celebrate a first quarter bonus raise, and are told of the likelihood that they will move into new offices in Broadgate... more
Sound check: German industrial metal band Rammstein literally play with fire in their live performances - and now they are about to unleash their singeing spectacle on London. Watch out for your eyebrows
Afternoon:
7°c
