UBS AG
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UBS whistleblower to report to Pa. federal prison
...â A whistleblower in the tax evasion case against Swiss bank UBS AG is set to report to a federal prison in Pennsylvania.Forty-four-year-old Bradley Birkenfeld says he'll report to the Schuylkill (SKOO'-kul) County Federal Correctional Institution in Minersville... |more
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UBS informant files complaint against prosecutors
...â The key whistleblower in the tax evasion case against Swiss bank UBS AG claims prosecutors made false statements to a judge who sentenced him to prison.Attorneys for informant Bradley Birkenfeld filed a complaint Tuesday with the Justice Department. The... |more
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Fla. judge won't delay prison for UBS informant
...with UBS last February in which the bank agreed to pay a $780 million fine and reveal names of some 150 clients.Later in 2009, UBS agreed under U.S. pressure to release names of 4,450 wealthy Americans suspected of using secret accounts to evade billions of... |more
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Fla. judge rejects prison delay for UBS informant
...U.S. tax evasion investigation.U.S. District Judge William Zloch on Monday rejected the delay request from former UBS AG banker Bradley Birkenfeld. He is due to begin serving a sentence of three years and four months on Friday.Birkenfeld had asked for a delay... |more
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US judge declares Swiss banker, lawyer fugitives
...Beach .Schumacher and Rickenbach are accused of helping rich Americans evade taxes by hiding assets in Swiss banks, including UBS AG and a smaller Zurich -based institution, NZB.Each man has been charged with conspiring to defraud the U.S. and faces a potential... |more
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UBS makes Q4 profit, but withdrawals continue
GENEVA — Swiss bank UBS AG posted a fourth-quarter profit of 1.205 billion Swiss francs ($1.12 billion) Tuesday, beating analysts' expectations partly thanks to a tax credit, but said rich clients' withdrawals had continued. The result is a significant |more
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UBS returns to profit in Q4
...banking giant UBS AG swung into black with profit of 1.2 billion swiss francs in the fourth quarter of 2009 riding on lower costs and sizeable tax credit. The bank has posted profit in more than a year in the quarter ended December 2009, while it had suffered... |more
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New Securities Issues
...was priced Thursday, according to a person close to the transaction. BOC International Holdings Ltd., Deutsche Bank AG and UBS AG managed the sale. The bond qualifies as Tier II supplementary capital. The proceeds will help the bank replace certain existing... |more
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Connecticut’s Blumenthal Says 148 Taxpayers Used UBS Accounts
...Blumenthal says “millions in tax revenue” may be retrieved from 148 state taxpayers who he said acknowledged using UBS AG accounts to evade taxes. To contact the reporter on this story: David Rovella in New York at +1-212-617-1092 or drovella@bloomberg.net To... |more
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Poaching Makes Comeback
...of employees to sign agreements restricting their ability to jump ship. In one high-profile suit last year, investment bank UBS AG sued rival Jefferies & Co., accusing it of levying a "massive, premeditated raid" of about three dozen key members of its global... |more
