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Ubs Losses

Hey, Don't Blame Us

Reuters | Posted 02.13.2014 | Business

By Jonathan Stempel NEW YORK, Dec 13 (Reuters) - U.S. securities laws have their limits and do not justify making UBS AG liable to sha...

UBS Posts Major Loss On Scandals, Lawsuits

AP | JOHN HEILPRIN | Posted 04.07.2013 | Business

GENEVA — Switzerland's biggest bank, UBS AG, posted Tuesday a 1.9 billion francs ($2.1 billion) loss for the fourth quarter in the wake of a ser...

UBS Cuts 2,000, Return To Profit In '09

Bloomberg | Elena Logutenkova | Posted 05.25.2011 | Business

Feb. 10 (Bloomberg) -- UBS AG, Switzerland's largest bank, plans to eliminate an additional 2,000 jobs at its securities unit and return to profit in ...

UBS, Credit Suisse To Announce Record Losses

Reuters | Posted 05.25.2011 | Business

Swiss newspapers expect the country's top two banks, UBS AG (UBSN.VX) and Credit Suisse Group AG (CSGN.VX) to announce record losses for 2008 this wee...

UBS Reports $11 Billion In Losses, To Cut 2,600

AP | ERNST E. ABEGG | Posted 05.25.2011 | Business

ZURICH, Switzerland — Swiss bank UBS, hard hit by the U.S. subprime crisis, reported a first-quarter loss of $10.97 billion and said Tuesday it ...

UBS To Post Record $11.45 Billion Loss

AP | ELIANE ENGELER | Posted 05.25.2011 | Business

GENEVA — Subprime mortgage woes deepened for Swiss banking giant UBS AG, which Wednesday said it expects a $11.45 billion hit in the fourth quar...