Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It could be worse for UBS. Ok, the Swiss bank has on Tuesday warned that, after posting a forecast-busting SFr5 ...
The 45-page report is a summary of a longer document sent by the bank to the Swiss federal banking commission, which is investigating the losses. The bank said its subprime writedowns totalled $18.7 ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Argh! Quick! Where’s that investment banking twaddle translation machine? We’ve got a statement from UBS about ...
The lesson to be learnt from UBS’s unexpected closure of Dillon Read Capital Management? Don’t mix bank and client money. John Costas, head of UBS’s investment bank, was given the remit in June 2005 ...
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