ubs
Credit crunch: UBS piles $7.5bn on to its write-down bill - Guardian Unlimited
UBS yesterday piled on the agony for its shareholders by finally admitting that it faced further write-downs. The Swiss bank said that if it managed to break even in the second quarter it would only be due to an unexpected tax credit. The bank, once ...
UBS Says It May Avoid Loss, Doesn't Need More Capital (Update2) - Bloomberg
July 4 (Bloomberg) -- UBS AG may avoid a loss in the second quarter and has no plans raise capital after 3 billion Swiss francs ($2.9 billion) in tax credits offset damage from the subprime crisis. UBS, the European bank hardest hit by the subprime ...
UBS Says It May Avoid Quarterly Loss, Doesn't Need More Capital - Bloomberg
July 4 (Bloomberg) -- UBS AG may avoid a loss in the second quarter and has no plans raise capital after 3 billion Swiss francs ($2.9 billion) in tax credits offset damage from the subprime crisis. UBS, the European bank hardest hit by the subprime ...
Tax Credit to Save UBS from Another Hefty Loss - CNBC
Battered Swiss bank UBS said on Friday it should be saved from another hefty loss in the second quarter by a large tax credit, giving a much-needed boost to its share price. UBS, which has written $37 billion off its assets as a result of the credit ...
UBS avoid losses through £1.5bn tax credit - Times Online
UBS, the Swiss bank battered by the mortgage crisis, today insisted it would not need to raise more funds through a rights issue after being saved from announcing further losses by clawing in SwFr3 billion (£1.5 billion) from a tax credit. The bank ...
Ex-UBS broker files whistle-blower complaint - Boston Globe
BOSTON— A former UBS broker has filed a whistle-blower complaint, alleging the Swiss financial services firm forced him to resign after he cooperated with state regulators investigating the sale of risky investments to Massachusetts cities and ...
Feds Track Americans' Money In Swiss Bank
Justice Department officials have asked a federal court to let the IRS request client information from Swiss bank UBS, after a former UBS banker
U.S. seeks names of UBS clients - International Herald Tribune
U.S. authorities asked a federal court on Monday to force UBS, the Swiss banking giant, to turn over the names of wealthy American clients suspected of evading taxes through secret offshore accounts. The request, from the Justice Department, is part ...
UBS Clients May `Come Clean' to IRS in U.S. Tax-Evasion Probe - Bloomberg
July 1 (Bloomberg) -- A U.S. legal action that would force Swiss bank UBS AG to reveal the names of American customers with secret accounts may prompt some to pay back taxes rather than risk a criminal investigation by the Internal Revenue Service ...
