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From 2007 to 2008, Trevor Murray worked for UBS, a multinational investment bank and financial services company.In 2011, he was recruited back to UBS. When he returned, Murray was responsible for researching UBS's commercial mortgage-backed securities (CMBS), and reporting his findings to the firm's current and prospective customers.
Murray said UBS fired him in February 2012 after he complained about pressure to issue bullish research on commercial mortgage-backed securities to support the bank's trading operations.
UBS Group AG building in St. Gallen.UBS maintains strict banking secrecy practices which have been used to facilitate tax evasion. The Swiss investment bank and financial services company, UBS Group AG, has been at the center of numerous tax evasion and avoidance investigations undertaken by U.S., French, German, Israeli, and Belgian tax authorities as a consequence of their strict banking ...
The agency said UBS teams operating in the U.S. pension market should remain insulated from the convicted UBS and Credit Suisse entities and truste Exclusive-UBS gets fresh US pensions licence ...
The loss to UBS was described as "manageable" although it might cause UBS to report a net loss in the following financial quarter. The bank's net earnings for the year ending June 2011 were $6.4 billion [13] with a gross profit of approximately $1.1 billion reported by UBS for the third quarter of 2011.
UBS shares plunged Wednesday following a report that the Swiss bank faces a widening probe by the US Department of Justice over suspected compliance failures that allowed Russian clients to evade ...
After the acquisition, O'Connor & Associates continued to operate as a subsidiary of Swiss Bank Corporation. In 1998, Swiss Bank Corporation merged with Union Bank of Switzerland to form UBS. [3] As part of the merger, O'Connor & Associates was integrated into UBS's investment banking division. The firm continued to operate as UBS O'Connor. [4]
UBS Global Asset Management outlines the changing face of asset management; both by dissecting driving factors from the 1990s, highlighting current and potential forthcoming trends and by ...