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UBS

Banks in Turmoil

Is Switzerland still synonymous with safe banking?

by Stephanie Hughes
Mar 20, 2023
Switzerland’s reputation for secure, secret banking goes back to at least WW I. But its banks have changed over time, with mixed results.
UBS was reportedly worried that if Credit Suisse went bankrupt, it could have threatened the image of Swiss banking.
Fabric Coffrini/AFP via Getty Images
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Elections 2020

Banks weigh in on what the 2020 presidential election might do to the stock market

by Kristin Schwab
Sep 25, 2020
Economists often look to previous elections to model upcoming ones, but 2020 continues to break the mold.
Goldman Sachs economists said in a note Thursday that worries are overblown — that there will be a victor on election night and in turn the markets will stay steady.
Chris Hondros/Getty Images
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Banks crack down on multitrader chatrooms

by Stacey Vanek Smith
Dec 18, 2013
JP Morgan and Deutsche Bank are prohibiting the use of some chat rooms amid ongoing investigations of currency manipulation. The move comes after UBS’s investment banking arm did the same last month.
JPMorgan, Deutsche Bank, and UBS are cracking down on traders using the chat feature on their Bloomberg terminals, like the one above.
Flickr user Guilhem Vellut/Creative Commons
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The Punchline

The UBS LIBOR emails... in haiku

by Jeff Horwich
Dec 20, 2012
Those internal emails of UBS LIBOR rate-rigging do have a certain poetic ring to them...
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UBS targeted in interest-rate rigging scandal

by Marketplace Contributor
Dec 14, 2012
Swiss bank UBS is reportedly close to a $1 billion settlement with regulators over the LIBOR rate-rigging scandal.
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UBS could face a $1 billion LIBOR settlement

by Stephen Beard
Dec 14, 2012
The Swiss banking giant UBS is reportedly headed for a $1 billion settlement over accusations it rigged LIBOR interest rates -- the benchmark for global lending.
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