UBS names Alex Wilmot-Sitwell and Carsten Kengeter as co-CEOs of its Investment Bank

UBS names Alex Wilmot-Sitwell and Carsten Kengeter as co-CEOs of its Investment Bank
Jerker Johansson, CEO UBS Investment Bank, has resigned from UBS with immediate effect.
UBS today announced the appointment of Alex Wilmot-Sitwell and Carsten Kengeter as co-CEOs of its Investment Bank effective immediately.
Alex Wilmot-Sitwell joined the firm in 1996 and is a member of the […]

UBS’s position in regard to the “Frontal21″ TV program (German television ZDF on 21.04.09)

UBS’s position in regard to the “Frontal21″ TV program (German television ZDF on 21.04.09)
UBS takes the following position in regard to the “Frontal21″ TV program (ZDF on 21.04.09) and the speculation it contained:
The so-called “confidential internal memo”, that was supposedly sent to a UBS vice chairman and shown on the program, is a counterfeit. The […]

Annual General Meeting of UBS AG

Annual General Meeting of UBS AG
UBS AG shareholders elected Kaspar Villiger, Michel Demaré, Ann F. Godbehere and Axel P. Lehmann to the Board of Directors at the Annual General Meeting (AGM) on 15 April 2009. Effective immediately, Kaspar Villiger is the Chairman of the Board of Directors. Peter R. Voser, David Sidwell, Sally Bott, Rainer-Marc […]

UBS AGM: pre-announcement of key elements of the first-quarter results, further cost-saving measures and strategy

UBS AGM: pre-announcement of key elements of the first-quarter results, further cost-saving measures and strategy
The speech by Oswald J. Grübel, Group CEO, at today’s annual general meeting (AGM) in Zurich contains the following key messages and financial information:
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UBS estimates that it will report a loss […]

UBS names Ulrich Körner as Group COO and CEO of Corporate Center

UBS names Ulrich Körner as Group COO and CEO of Corporate Center
UBS will integrate its group-wide infrastructure and service functions (IT, Human Resources, Procurement, Real Estate and Facility Management) into Corporate Center and will centralize the management of its control functions (Finance, Risk, Legal and Compliance).
Ulrich Körner has been appointed Group Chief Operating Officer and […]

UBS Wealth Management Research Study: “UBS research focus”

UBS Wealth Management Research Study: “UBS research focus”
The financial crisis and its aftermath
In its latest UBS research focus report, UBS Wealth Management Research concludes that the global economy will grow at a slower pace than it has over the past few decades and that inflation expectations will likely increase. Given this more austere outlook, corporate […]

UBS to buy back outstanding bonds in a public tender offer

UBS to buy back outstanding bonds in a public tender offer
UBS offers to buy outstanding lower tier 2 debt for up to EUR 1 billion using available cash. The note repurchases would result in a gain that will bolster UBS’s tier 1 regulatory capital ratio.
UBS today announces that it is making a tender offer relating […]

Agenda for the annual general meeting of UBS AG on 15 April 2009

Agenda for the annual general meeting of UBS AG on 15 April 2009
UBS AG today sent the agenda for the annual general meeting (AGM) of UBS AG on 15 April 2009 to its shareholders. The agenda items are as follows:
1. Annual report, Group and Parent Bank accounts for financial year 2008 Reports of the statutory […]

UBS AG announces Board of Directors nominations

UBS AG announces Board of Directors nominations
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Ernesto Bertarelli, Gabrielle Kaufmann-Kohler and Joerg Wolle not to stand for re-election at the AGM of 15 April 2009.
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Michel Demaré, Ann F. Godbehere and Axel P. Lehmann proposed as […]

UBS Launches Real-Time Transaction Cost Analysis in Europe

UBS Launches Real-Time Transaction Cost Analysis in Europe
UBS Investment Bank is pleased to announce the European launch of Real-time Transaction Cost Analysis (Real-time TCA), a powerful new tool for seeking best execution.
Real-time TCA is available via UBS Fusion, the firm’s equity trading analytics platform, and enables clients to have live, continuous analysis of their orders […]