International Finance

Tag : UBS

Wealth Management

UBS signs multi-year agreement with EPAM

The world’s largest wealth manager aims to boost innovation by collaborating with a leading global provider of product development and software engineering solutions January 18, 2017: UBS AG, the world’s largest wealth manager, has signed a multi-year strategic framework agreement with EPAM Systems, Inc. (NYSE:EPAM), a leading global provider of product development and software engineering...
Economy

UBS may shift its base outside the UK

Banks worry about losing passporting rights IFM Correspondent July 14, 2016: With uncertainty looming large post-Brexit, some banks may shift their headquarters and offices outside London. Andrea Orcel, president of UBS Investment bank, has warned that it is considering moving its staff to a European country, following the UK’s vote to leave the EU. UBS,...
BankingUncategorized

Switzerland to Relax Bank Secrecy Laws

SWITZERLAND aims to save its banks from heavier punishment in the United States for helping wealthy tax cheats by sidestepping its own famed secrecy laws to let bankers disclose data to US prosecutors. Dealing a huge blow to Switzerland’s historic banking secrecy, Swiss finance officials on Wednesday approved a plan that would allow the country’s...
FinanceWealth Management

UBS Wealth Management Profits Rise to a new High

UBS Wealth Management delivered the highest levels of quarterly net new money since 2007, and the highest quarterly profit since 2009. The United Bank of Switzerland has posted a better than expected performance for the first quarter of the year on April 30th. The bank has posted a profit of 7.8 billion CHF, ($ 8.3...