UBS

Sales goals still an issue for Wells; UBS’ baby problem

03/11/19

Bank employees say management has not let up on ambitious sales goals; women bankers say UBS cut bonuses after maternity leave.

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Quarles stresses vigilance; Morgan Stanley to buy stock plan business

02/11/19

The Fed vice chair says regulators need to be on the “cutting edge” at spotting vulnerabilities; firm looks to win over future millionaires.

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Regulators find shortcomings in foreign banks' living wills

12/21/18

The Fed and FDIC found fault with resolution plans filed by four of the largest foreign lenders, though none of the shortcomings were severe enough to warrant rejecting the "living wills."

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Crypto asset startup founded by ex-BNY Mellon banker raises $8 million

12/06/18

Trustology protects private keys to digital assets the way parking valets look after car keys.

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FHA's $14.4B problem; Danske whistleblower to speak

11/19/18

The agency's mortgage insurance fund has big potential shortfall; Howard Wilkinson can tell U.S. regulators and law enforcement agencies what he knows.

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UBS face $6 billion fine as tax-fraud trial nears end

11/08/18

The Swiss banking giant has been accused of helping wealthy French clients hide assets from tax authorities.

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UBS sued by U.S. for fraud tied to mortgage-backed securities

11/08/18

UBS Group sold tens of billions of dollars' worth of residential mortgage-backed securities by "knowingly and repeatedly" making false and fraudulent statements to investors about the loans backing those trusts, the U.S. Justice Department said in a civil suit filed Thursday.

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More trouble for Wells; Banks’ ‘unorthodox’ move

11/08/18

The OCC is looking into problems in the bank’s technology operations; banks turn to untraditional methods to raise revenue from research.

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In shadow of #MeToo, women execs call for greater leadership diversity

10/05/18

At American Banker's annual Most Powerful Women in Banking gala on Thursday evening in New York, honorees urged the industry to promote more women and people of color.

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Lifetime Achievement: UBS’ Rosemary Berkery

10/04/18

The former banking lawyer, who went on to run major business lines at Merrill Lynch and UBS, will be honored Thursday at American Banker’s Most Powerful Women in Banking gala.

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