UBS to pay $545m over forex scandals

2015-05-20 12:15

UBS will plead guilty to rigging benchmark interest rates and pay $545m to US authorities to settle their probe into alleged manipulation of foreign exchange rates.

UK hands fraud agency all funds needed for probe

2014-11-14 10:43

The UK finance ministry will hand the anti-fraud agency all the funds it needs to conduct a criminal investigation into alleged rigging of the currency market.

UK prepares forex fines for six banks -sources

2014-11-07 15:15

British regulators investigating allegations of collusion and manipulation in the foreign exchange market could fine a group of six banks.

UBS faces fine of up to $6.3bn in tax probe

2014-10-03 12:30

Switzerland's largest bank UBS could face a fine of up to $6.3bn if found guilty in a French investigation into whether it helped wealthy customers avoid tax.

France defends UBS guarantee demand

2014-07-24 17:51

A billion euro guarantee payment demanded by French judges of Swiss bank UBS reflects the size of the fine it could pay if found guilty.

Anger simmers worldwide over bankers' pay

2014-05-29 20:30

Investors have rejected the pay plans of 10 of the world's biggest banks as anger over excessive bonuses reached record levels in Britain and the United States.

UK steps up scrutiny of traders' activity

2014-03-31 14:23

Britain's financial industry watchdog plans to step up its scrutiny of banks' control over their traders following the benchmark rate rigging scandal.

Rigging scandal: €1.7bn fine for banks

2013-12-04 19:20

Six financial institutions including Deutsche Bank, Royal Bank of Scotland and Citigroup have been fined a record total of €1.71bn for rigging financial benchmarks.

UBS reports firm profits

2013-07-30 14:51

Swiss bank UBS has reported strong results for the second quarter in its drive to re-focus activities and turn the page on the financial crisis.

UBS settles US mortgage probe

2013-07-22 09:42

UBS says it has settled a Federal Housing Finance Agency lawsuit over soured mortgage investments, taking a $919.63m charge against second-quarter earnings.


Five big banks face $5bn bill over FX rigging

2015-05-20 09:00

Five of the world's biggest banks are expected to be hit with a combined bill of more than $5bn and criminal charges in a settlement with US and British authorities.

Hefty fines for five major banks

2014-11-12 10:27

Global regulators have imposed penalties on major banks, including a landmark settlement over allegations of price fixing in the foreign exchange market.

UBS earnings burdened by legal troubles

2014-10-28 13:15

Major Swiss bank UBS has earmarked $1.5bn for pending legal disputes, denting its third quarter profits.

UBS pays €300m to end tax row

2014-07-29 11:15

Switzerland's biggest bank UBS has settled a major tax evasion case in Germany and has agreed to pay a huge penalty.

UBS charged with tax fraud in France.

2014-07-24 11:32

Swiss bank UBS has been charged with tax fraud in Paris for allegedly helping rich French clients to hide money in Switzerland.

UBS sees net profit swell

2014-05-06 11:32

Swiss banking giant UBS has reported surprisingly strong first-quarter net profits, and announced an overhaul of its legal structure to benefit shareholders.

UBS acts over Chinese banker

2014-02-10 15:30

UBS AG has put two bankers on leave as part of an investigation into the hiring of a close relative connected to a potential Chinese corporate client, reports IFR.

Ex-UBS banker wanted in tax probe

2013-10-21 13:21

A former top executive at Swiss bank UBS wanted in the United States for allegedly helping wealthy Americans avoid paying tax was arrested in Italy, says police.

Banks shiver as UBS swallows $885m fine

2013-07-26 13:35

UBS will pay $885m in a settlement with US regulators over allegations the Swiss bank misrepresented mortgage-backed bonds during the housing bubble.

UK union to take postal protest to banks

2013-07-02 20:41

Trade unions opposing the privatisation of the British postal service will hold a protest at the London offices of the banks advising the government on the float.

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