UBS AG

UBS AG (NYSE: UBS; SWX: UBSN; TYO: 8657) is a diversified global financial services company, with its main headquarters in Basel and Zürich, Switzerland. It is the world's second largest manager of private wealth assets,  and is also the second-largest bank in Europe, by both market capitalisation and profitability. UBS has a major presence in the United States, with its American headquarters located in New York City (Investment banking); Weehawken, New Jersey (Private Wealth Management); and Stamford, Connecticut (Capital markets). UBS's retail offices are located throughout the U.S., and in over 50 other countries. UBS is an abbreviation, which originated from a predecessor firm, for the Union Bank of Switzerland; however, UBS ceased to be considered a representational abbreviation after its 1998 merger with Swiss Bank Corporation.

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Facebook IPO
Facebook Market Makers Losing At Least $100 Million

By IBTimes

Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders. (11:28 pm)

MORE TOPICS: MORGAN STANLEY, NYSE, NYSE EURONEXT, CALIFORNIA, FACEBOOK, NEW YORK

Formula One IPO in the Fast Lane
BlackRock Buys Stake in Formula 1 Ahead of Singapore IPO

By IBTimes

Formula 1, the popular global auto racing sport, is on its way to a possible IPO as financial investors such as Waddell & Reed Financial Inc. (NYSE: WDR), Norges Bank Investment Management and BlackRock, Inc. (May 22)

MORE TOPICS: GOLDMAN SACHS, MORGAN STANLEY, NYSE, NEW YORK, MANAGEMENT, INVESTMENT

Pre-Market Movers (Acadia Pharmaceuticals, Infosys, UBS AG, JPMorgan Chase, Avon, Home Depot, Nokia)

By IBTimes

The companies whose shares are moving in pre-market trade Tuesday are: Acadia Pharmaceuticals Inc, Infosys Ltd, UBS AG, JPMorgan Chase & Co, Avon Products, Inc, The Home Depot, Inc and Nokia Corporation. (May 15)

MORE TOPICS: JPMORGAN CHASE, NOKIA CORPORATION, INFOSYS

The Energy Report - Getting More Bearish

By PFG Best

If China can't give the oil market a bounce with a bank reserve requirement cut, then it would appear that oil is just surrendering to the increasingly bearish fundamentals. Greek fears are trumping Chinese stimulus against a backdrop of surging... (May 14)

MORE TOPICS: CHINA, CITIGROUP, BANK OF AMERICA, JPMORGAN CHASE, MANAGEMENT, OPEC

Wall Street
Pre-Market Movers (PLX, CHRS, TRIP, GNW, WYNN, UBS, HLF, CBS, PTI, CHK)

By IBTimes

The companies whose shares are moving in pre-market trade Wednesday are: Protalix BioTherapeutics, Charming Shoppes, Tripadvisor, Genworth Financial, Wynn Resorts, UBS AG, Herbalife, CBS Corp, Patni Computer Systems and Chesapeake Energy Corp. (May 02)

MORE TOPICS: PFIZER, RETAIL

UBS shares jump as private bank proves its appeal

By Reuters UK

UBS AG <UBSN.VX> posted healthy results from its flagship private bank on Wednesday, underscoring the Swiss lender's appeal as a haven for the savings of the world's wealthy and backing the company's strategic focus on the business. (May 02)

MORE TOPICS: FIXED-INCOME, MANAGEMENT, CREDIT SUISSE, INVESTMENT, SETTLEMENT, LONDON

A worker climbs on a ladder under the logo of Swiss bank UBS at the company's headquarters in Zurich
UBS Q1 Profit Declines 54% On Debt Charges

By IBTimes

Swiss banking giant UBS reported on Wednesday that its profit for the first quarter declined 54 percent from the same period last year after being affected by charges on its debt. (May 02)

MORE TOPICS: INVESTMENT

UBS taps private equity chief to boost deals

By Reuters

UBS AG <UBSN.VX> <UBS.N>, the Swiss bank that this month suffered the departure of some of its most senior dealmakers in the U.S., said on Monday it hired the former head of Bank of America Corp's <BAC.N> buyout arm to bolster its deals coverage. (Apr 23)

MORE TOPICS: BANK OF AMERICA, MERRILL LYNCH, NEW YORK, MANAGEMENT, INVESTMENT

The logo of Hong Kong Exchanges & Clearing Ltd is displayed in Hong Kong.
Haitong To Raise $1.68 Billion In World’s Biggest IPO In 2012: Report

By IBTimes

Haitong Securities Co. (SHA: 600837), China's second-largest brokerage by assets, raised HK$13 billion ($1.7 billion) in the largest public offering in the world so far this year, media reports said Friday, citing people familiar with the matter. (Apr 20)

MORE TOPICS: CITIGROUP, DEUTSCHE BANK, JPMORGAN CHASE, NYSE, THE NEW YORK TIMES, NEW YORK

Gold and Silver Report - "Great Fedspectations - Part Deux"

By Kitco Metals Inc.

Precious metals prices headed lower this morning as the final trading session of the week got underway in New York. Yesterday's "Fedspectations" turned down a notch as market participants had somewhat bigger news 'fish' to fr... (Apr 13)

MORE TOPICS: CHINA, GOLD, UNEMPLOYMENT, IMF, GOLDMAN SACHS, CRUDE OIL

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