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UBS AG

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  • Swiss central bank reports $17.7B half-year profit Thursday, 31 Jul 2014 | 2:12 AM ET

    GENEVA— Switzerland's central bank posted a profit Thursday of 16.1 billion Swiss francs for the first half of the year, a big turnaround from its loss of 9 billion francs for 2013..

  • *New South Wales wants $10 bln for 49 pct of electricity network. Rooftop solar installations are booming and on-grid energy use is falling just as the government of New South Wales state prepares to offer a 49 percent stake in its electricity distribution network for around $10 billion, likely to one or more strategic investors.

  • The most attractive bankers work here Wednesday, 30 Jul 2014 | 8:00 AM ET

    Mirror, mirror on the wall, who's the fairest financier of them all? An analysis of one dating app's data breaks it down.

  • Europe shares close higher; Earnings in focus Tuesday, 29 Jul 2014 | 11:48 AM ET

    European shares closed higher on Tuesday, as investors reacted to corporate earnings while keeping an eye for fresh sanctions against Russia.

  • UBS CFO on litigation     Tuesday, 29 Jul 2014 | 7:21 AM ET
    Tom Naratil, CFO of UBS AG

    Tom Naratil, UBS CFO, discusses UBS's settlement with Germany on tax evasion charges.

  • UBS CFO on wealth management     Tuesday, 29 Jul 2014 | 7:18 AM ET

    Tom Naratil, UBS CFO, discusses robust growth in UBS's wealth management division.

  • UBS posts profit rise, books German tax charge Tuesday, 29 Jul 2014 | 4:51 AM ET

    UBS posted a second-quarter net profit of 792 million Swiss francs, as it booked a $280 million charge to help settle litigation in Germany.

  • We're committed to Russian market: UBS CEO     Tuesday, 29 Jul 2014 | 2:38 AM ET

    Sergio Ermotti, CEO of UBS, says the company will have to "respect" any sanctions imposed on Russia but the Swiss bank is "committed" to the country's clients.

  • Sergio Ermotti, CEO of UBS, says the 1.1 billion euro guarantee payment demanded by French authorities in relation to allegations of money-laundering isn't justified.

  • UBS sees profits rise, probed over trading system Tuesday, 29 Jul 2014 | 1:45 AM ET

    UBS AG said its net profit for the April-June period rose to 792 million Swiss francs from 690 million francs in the comparable period in 2013.. Shares in UBS slid 1.81 percent to close at 16.32 francs in Zurich trading Tuesday.

  • UBS model working in 'tough' conditions: CEO     Tuesday, 29 Jul 2014 | 1:00 AM ET

    Sergio Ermotti, CEO of UBS, says the Swiss bank's business model is working in "tough market conditions" as it posted a second-quarter net profit of 792 million Swiss francs ($875 million).

  • Business events scheduled for Tuesday Monday, 28 Jul 2014 | 2:10 PM ET

    WASHINGTON— Standard& Poor's releases S&P/Case-Shiller index of home prices for May, 9 a.m.. WASHINGTON— The Conference Board releases the Consumer Confidence Index for July, 10 a.m.. WASHINGTON— House Energy and Commerce subcommittee hearing on EPA's proposed clean power plan and grid reliability challenges.

  • Summer's busiest week for markets is here Friday, 25 Jul 2014 | 6:10 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE) on Friday.

    A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.

  • Brian Zwerner, a former manager of Bank of America's municipal derivatives desk, was sentenced to spend three years on probation and pay a $10,000 fine by U.S. According to court papers he has also agreed to pay Bank of America $890,000 and settle related U.S. Securities and Exchange Commission civil charges.

  • Why gold prices will remain lower for longer Friday, 25 Jul 2014 | 1:12 AM ET
    Gold coins and bullion

    After gold futures fell to a five week low, analysts told CNBC prices were set to remain depressed for the rest of the year.

  • July 23- Britain's markets regulator and a group of global banks are in talks to reach a first settlement in a currency-rigging probe, with a deal possible this year, Bloomberg reported.

  • Why China hasn’t seen more defaults Wednesday, 23 Jul 2014 | 7:08 PM ET

    Despite dire predictions that China faced a slew of defaults, few mainland borrowers have welshed amid various stripes of government intervention.

  • NEW YORK, July 23- A federal judge on Wednesday said banks faced an uphill battle in convincing her to dismiss a U.S. regulator's claims that they misled Fannie Mae and Freddie Mac into buying mortgage-backed securities that later went sour.

  • July 22- Detroit will head into the critical phase of its historic bankruptcy case next month with the backing of an overwhelming majority of its active and retired workers and with opposition from a small, hard-core group of hold-out creditors.

  • G-20 watchdog: Libor alternatives by 2016 Tuesday, 22 Jul 2014 | 2:24 PM ET

    The Financial Stability Board said work should also start on Libor alternatives, such as so-called "nearly risk-free reference rates."