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Swiss banking giant UBS AG agreed yesterday to turn over to the U.S. Internal Revenue Service details of 4,450 accounts suspected of holding undeclared assets by American customers, piercing ...
UBS declined a request by the Gaza Humanitarian Foundation (GHF) to open a bank account in Switzerland while Goldman Sachs did not set up a Swiss account for GHF after initial talks, two people with ...
Court records in Miami claim that Swiss bank UBS AG used coded e-mail language, created hundreds of sham offshore entities and lied to U.S. officials in a scheme to conceal the accounts of wealthy ...
In 2021, UBS spent $1.4 billion to buy U.S.-focused digital investing platform Wealthfront, which has more than $27 billion under management. It also rolled out a hybrid digital wealth management ...
Canadian government officials pressed representatives of Swiss bank UBS AG on Wednesday for details of Canadians who might be account holders, a spokeswoman for the Canada Revenue Agency said ...
He reiterated that UBS did not want the tie-up, which was arranged hastily over one March weekend by the Swiss authorities to stave off a broader banking crisis. UBS would significantly scale back the ...
UBS said it planned to “substantially complete” the integration of Credit Suisse’s operations by the end of 2026 and to “achieve gross cost reductions of over $10 billion over that time.” ...
Prior Efforts to Enhance Wealth Business by UBS Wealth management is UBS Group’s flagship business, which accounts for more than 50% of the Swiss bank's total revenues.
UBS Chief Executive Officer Sergio Ermotti talks about the bank's performance in the second quarter as it raid net income was ...
The Swiss bank’s Americas wealth management unit reported net outflows of $3.5 billion for the second quarter.
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