Peter Kurer will not stand for re-election as Chairman of the UBS Board of Directors - Kaspar Villiger is nominated for election as Chairman of the UBS Board of Directors

Peter Kurer will not stand for re-election as Chairman of the UBS Board of Directors - Kaspar Villiger is nominated for election as Chairman of the UBS Board of Directors
Peter Kurer, Chairman of the UBS Board of Directors, has decided not to stand for re-election at its Annual General Meeting on 15 April 2009. The […]

UBS appoints Oswald J. Grübel as Group Chief Executive Officer

UBS appoints Oswald J. Grübel as Group Chief Executive Officer
UBS announced today that the Board of Directors has appointed Oswald J. Grübel as its new Group Chief Executive Officer with immediate effect. This represents a further step to restore stakeholder confidence and to pave the way back to success.
The Board of Directors of UBS has […]

Reaction of UBS regarding today’s communiqué from the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg

Reaction of UBS regarding today’s communiqué from the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg
UBS took notice of the communiqué and will defend itself vigorously
UBS took notice of today’s communiqué from the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. UBS does not believe the CSSF is correct.
The Luxalpha fund was created […]

UBS publishes 2008 annual report

UBS publishes 2008 annual report
UBS is today publishing its annual report for 2008. The report is available at www.ubs.com/annualreporting.
UBS’s annual report for 2008 provides comprehensive information on the firm, its business, governance and financial performance. It contains both audited and non-audited information.
The 2008 annual report consists of five sections:
Strategy, performance and responsibility
This section provides a […]

UBS settles US Cross-Border Case with the US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC)

UBS settles US Cross-Border Case with the US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC)
UBS is resolving investigations relating to its US cross-border business by entering into a Deferred Prosecution Agreement (DPA) with the US Department of Justice (DOJ) and a Consent Order with the US Securities and Exchange Commission (SEC).
Today, […]

UBS Provides the Best Coverage of European Equities

UBS Provides the Best Coverage of European Equities
UBS leads Institutional Investor’s 2009 All-Europe Research Team for an eighth consecutive year, capturing 30 total positions. http://www.iimagazine.com
The survey is based on the responses of 1,300 investors and portfolio managers at more than 540 buy-side firms managing an estimated $6 trillion in European equities.
Nick Pink, Head of EMEA […]

Preparing UBS for the new market environment

Preparing UBS for the new market environment
UBS announced today structural changes to adjust to new market conditions and the changing environment.
UBS created two new business divisions: Wealth Management & Swiss Bank under the leadership of Franco Morra and Juerg Zeltner, and Wealth Management Americas, led by Marten Hoekstra. Each of the three executives is a […]

UBS Investment Bank Enters into Agreement with AIG to Acquire the Commodity Index Business of AIG Financial Products Corp

UBS Investment Bank Enters into Agreement with AIG to Acquire the Commodity Index Business of AIG Financial Products Corp
The Equities business of UBS Investment Bank announced today that it has entered into a binding agreement to purchase the commodity index business of AIG Financial Products Corp, including AIG’s rights to the DJ-AIG Commodity Index. This […]

UBS announces sale of its Base Metals, Oil and US Power & Gas businesses

UBS announces sale of its Base Metals, Oil and US Power & Gas businesses
UBS Investment Bank today announces that it has signed a transfer agreement with Barclays Bank PLC regarding the further sale of parts of its non-strategic Commodities businesses.
UBS is pleased to confirm that Barclays Capital has agreed terms for transferring the risks associated […]