UBS

Facebook's cryptocurrency backers; Amazon looks to boost lending

06/14/19

Visa, Mastercard and PayPal are each putting up $10 million to back the cryptocurrency; company “gearing up” to reboot its flagging small business lending unit.

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Swiss regulators fine Citi, JPMorgan for roles in fixing forex rates

06/06/19

The two U.S. banks and Barclays have agreed to pay $91 million to settle claims that traders colluded to manipulate rates over a six-year span.

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Banks launch firm to settle transactions, peer-to-peer, on blockchain

06/05/19

State Street, BNY Mellon, UBS and Credit Suisse are among the banks that have created a company to bring their idea of a utility settlement coin to life.

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Deutsche, UBS plan revival; Landlord charged with fraud

05/23/19

Christian Sewing ready to make "tough cutbacks" while UBS may need a new strategy; SEC says Robert C. Morgan misled banks with fake loan papers.

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Goldman seeks license in Japan; Fannie, Freddie bill prospects dim

05/14/19

The bank plans rollout of a global cash management business; the lead Democrat on the Senate Banking Committee “not optimistic” about privatization.

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The UBS banker in the Mueller Report: Robert Foresman

04/18/19

The special counsel’s long-awaited report describes three separate occasions in which Foresman, vice chairman of the Swiss company’s investment bank, had Trump-related contacts with Russians.

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Hensarling to join UBS as executive vice chairman

04/11/19

The former lawmaker joins the Swiss bank after years of pushing for bank deregulation as chairman of the House Financial Services Committee.

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Wells under renewed fire; Société Générale to slash almost 1,600 jobs

04/10/19

Three regulators warn Wells it hasn’t made enough progress on consent order; poor fourth quarter investment banking revenue ignites cutbacks.

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SigFig makes digital advice the centerpiece of new platform

03/27/19

The system is designed to help banks deliver more personalized financial advice and is meant as a challenge to traditional bank technology vendors.

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UBS warns on Q1 revenue; Deutsche’s U.S. workers ‘on edge’

03/21/19

The Swiss bank’s CEO calls the trading environment “one of the worst in recent history”; 10,000 of German bank's U.S. employees fret over their future.

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