Britain's fraud prosecutor charged former UBS trader Tom Hayes with eight counts of conspiracy to defraud.» Read More
Sergio Ermotti, CEO of UBS, tells CNBC that Federal Reserve tapering will happen the question will be how fast it comes.
Sergio Ermotti, Group CEO, UBS AG, discusses his company's Swiss pay proposal, deleveraging, selling assets to raise capital and the impact of litigation on the banking industry.
Consumer confidence joins rally; big banks battle over bonds; sayonara, "sell in May."
UBS is set to raise pay for investment bankers by an average 9 percent to entice staff into staying by lifting salaries to market rates.
The Swiss government says banks can sidestep secrecy laws to disclose clients' names in a move intended to help resolve a long-running tax dispute with the U.S.
Citigroup reaches a settlement with the FHFA, which accused the bank of misleading Fannie Mae and Freddie Mac into buying $3.5 billion of mortgage-backed securities.
Sinopec made a lackluster market debut on Thursday, casting doubt on a nascent recovery in IPO issuance in the city as investors remained cautious because of a weaker local stock market.
The stock market should continue higher through the end of the second quarter, former UBS Americas Chairman Robert Wolf tells CNBC. But he's "nervous" after that.
Banks in Singapore are urgently scrutinizing their account holders as an imminent deadline on stricter tax evasion measures forces them to decide whether to send some of their wealthiest clients packing.
A unit of Sinopec Group and brokerage China Galaxy Securities are launching Hong Kong IPOs on Monday seeking to raise up to $3.5 billion in total, injecting life into Asia's moribund IPO markets.
Jim Cramer believes a major catalyst is changing in the market. The implications are big.
European shares rebounded to a higher close on Thursday, paring losses from when ECB President Mario Draghi confirmed the central bank would not deliver any extra stimulus. The pan-European FTSEurofirst 300 Index closed around 0.5 percent higher.
Jim Cramer is starting to wonder if events in Europe are about to have a major impact on the US stocks.
European shares pared gains on Tuesday to close lower, after a raft of euro zone economic data softened earlier rises from positive earnings reports.
David Enrich, European banking editor at Wall Street Journal, discusses European banks' quarterly results and says the positive outcome of the crisis is that banks have refocused on core areas.
Asia's equity markets rose to fresh peaks on Tuesday, fueled by hopes of central bank stimulus but Japanese shares fell, weighed down by mixed economic data.
Scott Evans, head of equity sales at Espirito Santo Investment, tells CNBC that he judges banks by the quality of their earnings, with UBS being much better quality than Deutsche Bank.
Sergio Ermotti, CEO of UBS, talks to CNBC about the banks profit beat in the first quarter and investor sentiment in the financial industry.
UBS CEO told CNBC Tuesday that the company is reaping the benefits of its radical restructuring, after the company reported a net profit of 988 million Swiss francs, beating expectations of a 510 million Swiss francs profit.
Don't let America's youngest sales force fool you. This year Girl Scout cookie sales are on pace to set yet another record, rivaling Oreos and Chips Ahoy.