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UBS

UBS Fined $47.5 Million for Rogue Trading

Britain’s Financial Services Authority has fined global financial firm UBS $47.5 million in a “rogue trading scandal.” Mark Scott has been reporting on the scandal from London for our partner, The New York Times.”They didn’t have the right controls and mechanisms in place in house to really catch this problem when it first happened,” Scott […]

Top of the Hour: UBS Faces Serious Consequences For Rogue Trades, Morning Headlines

Top of the Hour: UBS ‘Rogue Trader’ Loses $2 Billion, Morning Headlines

‘Rogue’ UBS Trader Arrested in London

The World

Swiss Bank Secrets: UBS and U.S. Taxpayers

Global Politics
The World

U.S. tax evasion still legal in Switzerland according to UBS

Conflict & Justice

For the details on UBS’ decision to rebuff the U.S. government’s latest lawsuit, we turn to the BBC’s Imogen Foulkes in Geneva.

The World

Swiss bank UBS letting go of some secrets

Business, Economics and Jobs

Swiss banks have been revered, loved, and hated for their tightly-held secrets, but Swiss bank UBS has agreed to a legal settlement with the United States government after it was revealed that the bank was operating as a willing shelter for tax evaders.

The World

Swiss banks under pressure

Global Politics

Swiss banks are under fire as the US Justice Department demands the names of 52,000 Americans holding secret accounts. Its part of a wide-ranging probe to catch tax evaders but it is also putting enormous pressure on one already troubled Swiss bank: UBS. The World’s Gerry Hadden reports.