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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.
UBS PaineWebber logo in use from 2001 until 2003 when the use of the Paine Webber brand was dropped UBS Warburg was the brand used for the Investment Banking division of UBS from 1999 to 2003. On 3 November 2000, UBS merged with Paine Webber , an American stock brokerage and asset management firm led by chairman and CEO Donald Marron .
UBS also entered the life insurance business in 1993 establishing UBS Life. UBS formed a joint venture with Swiss Life in 1995, known as UBS Swiss Life. UBS took a 25% ownership position in Swiss Life in exchange for a 50% share in the joint venture. [5] UBS entered the 1990s clearly the largest and most conservative of the three large Swiss Banks.
A major credit card lender, Capital One , also faces a class action lawsuit over customer complaints that it paid far below advertised for a high-interest savings account.
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The combined UBS logo incorporated UBS's name with SBC's "three keys" symbol. On December 8, 1997, Union Bank of Switzerland and SBC announced an all-stock merger. At the time of the merger, Union Bank of Switzerland and Swiss Bank Corporation were the second and third largest banks in Switzerland, respectively, both trailing Credit Suisse . [ 37 ]
Those settlements had resulted in the payment of USD 1.288 billion by UBS, Credit Suisse and other Swiss banks to 458,400 Holocaust victims, and 198,000 victims of the Slave Labor Class action lawsuit. [193]
Universal basic services (UBS) is an idea [1] of a form of social security in which all citizens or residents of a community, region, or country receive unconditional access to a range of free, basic, public services, funded by taxpayers and provided by a government or public institution. [2]