iOS app Android app

Ubs

Update: Verizon's CFO Sticks His Foot in His Mouth Over Title II and Investment -- Where's the Investigations?

Bruce Kushnick | Posted 12.16.2014 | Business
Bruce Kushnick

On Dec. 9, 2014, Verizon's CFO Francis Shammo was speaking at the UBS 42nd Annual Global Media & Communications Conference for investors and made a comment -- even if the networks were to be reclassified as "Title II" in the Net Neutrality proceedings, it would not harm or influence investment.

Banks Fined $3.4 Billion For Trying To Manipulate Foreign Exchange Markets

AP | DANICA KIRKA and MARCY GORDON | Posted 11.12.2014 | Business

LONDON (AP) — Traders with nicknames like the "Three Musketeers" and the "A-Team" plotted over Internet chat rooms to manipulate currency markets fo...

'Green News Report' - August 28, 2014

Brad Friedman and Desi Doyen | Posted 10.28.2014 | Green
Brad Friedman and Desi Doyen

The Green News Report is also available via... IN TODAY'S RADIO REPORT: Fire and explosion at Indiana refinery with a history of exploding; UN ...

'There Is No Such Thing As Too Big To Jail'

Reuters | Posted 07.05.2014 | Business

(Adds background) By Aruna Viswanatha WASHINGTON, May 5 (Reuters) - The U.S. Justice Department is pursuing criminal in...

Why Candy Crush Has Soured

Reuters | Nicola Leske | Posted 05.29.2014 | Technology

By Nicola Leske NEW YORK (Reuters) - In the weeks leading up to the IPO of King Digital Entertainment, the company's bankers scrambled ...

16 Major Banks Slammed With Lawsuit

Reuters | Posted 03.14.2014 | Business

NEW YORK (Reuters) - The Federal Deposit Insurance Corporation sued 16 of the world's largest banks on Friday, accusing them of collusively suppressin...

Billionaire Beanie Should Get Mercy

Adam Resnick | Posted 03.15.2014 | Business
Adam Resnick

On the surface, Warner may not strike people as the most sympathetic non-violent criminal. After all, he is a billionaire, but he still committed a crime of greed according to prosecutors. On the other hand, he has no criminal record, has paid nearly a billion dollars in taxes throughout his lifetime, is philanthropic, and is not a threat to society.

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...

Art Basel Problems

Joanna Popper | Posted 02.04.2014 | Miami
Joanna Popper

It is Art Basel time in Miami which brings world-class art, parties, celebrities and culture and Art Basel problems. How many blisters can my feet take? Is Band-aid an official sponsor of Art Basel this year?

Banks Fined $2.3 Billion For Market Rigging

Reuters | Posted 02.03.2014 | Business

BRUSSELS (Reuters) - EU antitrust regulators fined six financial institutions including Deutsche Bank, Royal Bank of Scotland and Citigroup a record t...

Landmark DOMA Ruling Reveals A Pleasant Surprise

The Huffington Post | Lydia OConnor | Posted 11.19.2013 | Gay Voices

Investors from the LGBT community are more optimistic than others about the economy and their personal finances, a report by financial services firm U...

Ben Hallman

Tax Cheats Need A New Place To Hide Their Money

HuffingtonPost.com | Ben Hallman | Posted 08.29.2013 | Business

For the discerning American tax evader, there once was no more desirable location than Switzerland to stash cash. Swiss banks were prized for thei...

Big Bank To Pay Up Over Charges It Misled Investors

Reuters | Jonathan Stempel | Posted 08.06.2013 | Business

(Reuters) - UBS AG agreed to pay $49.8 million to settle U.S. Securities and Exchange Commission charges it misled investors about a mortgage bond tra...

Big Bank Reaches Deal To Settle Sketchy Allegations

Reuters | Posted 09.25.2013 | Business

* UBS paying $415 mln to Fannie Mae; $470 mln to Freddie Mac * Settlement raises concerns over exposure of other banks *...

Shahien Nasiripour

Help Expose Tax Cheats

HuffingtonPost.com | Shahien Nasiripour | Posted 06.17.2013 | Politics

WASHINGTON -- The International Consortium of Investigative Journalists (ICIJ) on Friday made public what it calls the most extensive collection of re...

Good Governance Requires Dimon to End Dual Roles at J. P. Morgan Chase

Frank Vogl | Posted 07.12.2013 | Business
Frank Vogl

Breaking up the biggest banks because they are perceived as "too big to fail" is unrealistic. What is needed, however, are improvements in the transparency and the accountability of governance in these institutions.

The 5 Most Generous on Wall Street

Rachael Chong | Posted 05.12.2013 | Impact
Rachael Chong

As part of our series on generosity in business, we're looking at some of the financial wizards who are using their skills and assets to give back to society in the most impressive and inspiring ways.

Beyond the Pale: 'Too Big to Jail'

Leo W. Gerard | Posted 05.11.2013 | Business
Leo W. Gerard

Banks, after all, are nothing but corporations. Corporations are legal constructs that citizens have the right to rebuild to properly serve society. European countries began doing that last week.

Ryan Grim

An Accidental Rainmaker For Lobbyists

HuffingtonPost.com | Ryan Grim | Posted 03.11.2013 | Politics

WASHINGTON -- Carl Levin will be remembered as the powerful chairman of the Senate Armed Services Committee, a Michigan man who fiercely championed th...

6 Artists on their Road to Broadway and Engaging Audiences: Here, Now and Then

Bruce E. Whitacre | Posted 05.08.2013 | Arts
Bruce E. Whitacre

Since last week, Paul's next play has been announced at Signature Theatre in Arlington; Santino opened to positive reviews in Cinderella; Kinky Boots has had a bravura first few performances, and the theatre world keeps turning.

The Next CEOs - 10 CEO Ready Leaders

Mike Myatt | Posted 05.01.2013 | Business
Mike Myatt

The 10 leaders profiled below represent different industries, different disciplines, and even a few different countries, but they all share one thing in common - they're all CEO ready. Meet my predictions (in no particular order) for the next crop of chief executives...

Eleazar David Melendez

Banks Could Owe HOW MUCH For Housing Boom Fraud?

HuffingtonPost.com | Eleazar David Melendez | Posted 02.26.2013 | Business

A verdict delivered earlier this month by a prominent federal judge heightens the prospect that the nation’s largest financial institutions will be ...

UBS Fined Over AIG Fund

AP | Posted 04.14.2013 | Business

LONDON — Britain's financial regulator fined Swiss bank UBS 9.45 million pounds ($14.8 million) Tuesday for exposing customers to unacceptable r...

Zach Carter

Former Government Regulators Help Keep Banks Too Big To Fail

HuffingtonPost.com | Zach Carter | Posted 02.11.2013 | Politics

WASHINGTON -- The steady flow of officials from the Securities and Exchange Commission into top corporate jobs feeds a regulatory culture of weak law ...

Wall Street Gets Inventive With Bonuses

Fortune | Nin-Hai Tseng | Posted 02.07.2013 | Business

FORTUNE – As Wall Street bonus season comes into full swing, UBS AG is the latest bank doing things differently to reel in excessive pay. On Tuesday...