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Posts Tagged ‘UBS’

FSA fines UBS £8m

UBS has become the latest organisation to be fined by the FSA, which is cracking down on foul play by banks and their employees.


The Swiss Financial Market Supervisory Authority has announced that it will introduce rules for its banking institutions to limit excessive risk-taking.


Swiss bank UBS has today (5 May) confirmed a first quarter loss of 2 billion Swiss francs (£1.2bn).


Swiss bank UBS has announced it is to axe 8,700 jobs in a cost-cutting measure after the firm posted first-quarter losses of 2 billion Swiss francs (£1.2bn).


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