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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.
May 23 -
The bank plans rollout of a global cash management business; the lead Democrat on the Senate Banking Committee “not optimistic” about privatization.
May 14 -
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.
April 18 -
The former lawmaker joins the Swiss bank after years of pushing for bank deregulation as chairman of the House Financial Services Committee.
April 11 -
Three regulators warn Wells it hasn’t made enough progress on consent order; poor fourth quarter investment banking revenue ignites cutbacks.
April 10 -
The system is designed to help banks deliver more personalized financial advice and is meant as a challenge to traditional bank technology vendors.
March 27 -
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.
March 21 -
Bank employees say management has not let up on ambitious sales goals; women bankers say UBS cut bonuses after maternity leave.
March 11 -
The Fed vice chair says regulators need to be on the “cutting edge” at spotting vulnerabilities; firm looks to win over future millionaires.
February 11 -
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."
December 21