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UBS to surrender its banking licence in India

Swiss bank UBS AG has decided to exit from its banking business in India and is planning to surrender its licence to the Reserve Bank of India (RBI) next week.“UBS has decided to exit its......

How UBS helped Indians with offshore firms

Swiss banking major UBS AG figures as the "master client" for several offshore entities floated by Indians in tax havens such as British Virgin Islands (BVI), according to the database put up by......

UBS India head Girotra resigns

UBS AG's head of operations (India), Manisha Girotra has resigned from the bank to pursue her own business venture. The lender has named Aashish Kamat as the new head of its India business.Girotra......

UBS to cut 200 jobs in US brokerage unit

Swiss banking major UBS will lay off nearly 200 employees, including 25 managing directors, at its brokerage unit in the US, says a media report. Attributing to people familiar with the......

RBI puts on hold licence to UBS bank

The Reserve Bank of India has put on hold its permission to the Switzerland-based UBS Bank to open a branch in India as the Enforcement Directorate is probing alleged transfer of funds between......

How F1 got Singapore tourism back on track!

Red Bull Formula One driver Sebastian Vettel is chased by fans as he walks the circuit ahead of the Singapore F1 Grand Prix. Photograph: Edgar Su/Reuters Singapore will be counting on its......
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Barclays fined for failings on $2.9 billion elephant deal

The bank's officials didn't properly scrutinize the source of the clients funds despite the higher risk of financial crime Donal GriffinSuzi Ring... ...
Class action lawsuit accuses big banks of swapping interest rates

A view of the exterior of the Citibank Corporate headquarters in the Manhattan borough of New York City, May 20, 2015. REUTERS/Mike Segar A... ...
Publication pursuant to §26 sect.1 WpHG (the German Securities Trading Act) with the aim of pan-European distribution

Comments November 25, 2015 - London ADVA Optical Networking SE /Publication pursuant to §26 sect.1 WpHG (the German Securities Trading Act) with... ...
Credit Suisse wins China brokerage approval in sign of reform

HONG KONG: Credit Suisse Group AG said on Thursday its investment banking joint venture in China has won approval to provide securities brokerage... ...
Bill Ackman just boosted his stake in Valeant to 9.9% from 5.7%

REUTERS/Brendan McDermid Activist investor Bill Ackman, chief executive of Pershing Square walks on the floor of the New York Stock Exchange... ...

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