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Banking giant UBS will pay US$780m (€619.8m) and turn over once-secret Swiss bank records to settle claims that it conspired to defraud the US government of taxes owed by thousands of American clients.
Thu, 19 Feb, 2009
Former executives who oversaw massive losses at Swiss banking giant UBS will repay a further 22 million francs (€14.7m), chairman Peter Kurer said.
Fri, 28 Nov, 2008
Swiss bank UBS today said it was axing around 5,500 jobs as it revealed first quarter losses of 11.5 billion Swiss francs (€7bn).
Tue, 06 May, 2008
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