Posts Tagged “UBS”

Reports – more departures at UBS

by Wall Street Job Report on June 27, 2014

UBS, the bank facing client complaints over Puerto Rican bond funds, said its local chairman is leaving the company next month. Bloomberg News reports that Miguel Ferrer will no longer be with the firm as of July 31, according to an (…)

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Knight Vinke sees UBS moving towards break up

by Wall Street Job Report on June 18, 2014

Eric Knight, chief executive of activist fund manager Knight Vinke, believes Swiss bank UBS will eventually follow his advice and split its wealth management business from its investment bank. Speaking on the sidelines of the GAIM hedge fund conference in (…)

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UBS Probed in Belgium Over Money Laundering, Organized Crime

by Wall Street Job Report on June 2, 2014

UBS AG (UBSN), Switzerland’s biggest bank, is being probed by Belgian authorities over allegations of money laundering and organized crime. Judge Michel Claise is leading the investigation, Anja Bijnens, a spokeswoman for the Brussels prosecutor, said by telephone yesterday. UBS employees approached (…)

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Ex-Goldman Partner’s Firm Says UBS Cuts Spoiled Partnership Plan

by Wall Street Job Report on May 27, 2014

An asset management firm founded by former Goldman Sachs Group Inc. (GS) partner Vishal Gupta sued UBS AG (UBSN), saying investment banking cuts at the Swiss lender have undermined a joint venture. Decura IM Investments LLP is seeking to terminate a 2012 contract (…)

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Former UBS bankers denied new trial in muni bid-rigging case

by Wall Street Job Report on May 16, 2014

  A federal U.S. judge on Thursday denied a request for a new trial made by three former UBS AG bankers who were convicted of rigging bids to invest municipal bond proceeds. A jury in August 2012 convicted Gary Heinz, (…)

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