managed heavy losses during the 2008 financial crisis with an asset relief recovery program, it was hit with the 2011 rogue trader scandal resulting in a, uS 2 billion trading loss. UBS took a CHF 1 billion write-down for the loss of goodwill associated with the retirement of the Paine Webber brand when it integrated its brands under the unified UBS name in 2003. Following an expansion in 2002, the trading floor covers 103,000-square-foot (9,600 m2) with 40-foot (12 m) arched ceilings. 203 The transfer of assets to these bunkers is selective as a multi-stage security clearance is required and is not available to all UBS clients. 238 The report stratégies commerciales quantitatives lars kestner highlighted Groups sustainability efforts directed through its UBS and Society program: a cross-divisional platform involving activities and capabilities in sustainable investing and philanthropy, environmental and human rights policies, UBS's own environmental footprint, as well as the community investment. "A tale of two bankers".
"Nach elf Jahren hat Christoph Meili genug von den USA: "Ich komme heim in die Schweiz für immer". 57 Although the merged company's new name was originally supposed to be the "United Bank of Switzerland the officials opted to call it simply UBS because of a name clash with the separate Swiss company United Bank Switzerland a part of the United Bank Limited. 58 The English name of the bank was originally Swiss Bankverein, but was changed to Swiss Bank Corporation (SBC) in 1917.
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Retrieved May 16, 2018. "UBS to Cut 3,500 Jobs, Half in Investment Banking". 218 In 2011, UBS expanded its global compliance database to include information on environmental and social issues provided by RepRisk, 219 a global research firm specialized in environmental, social and corporate governance (e.g. Retrieved fter Losses, UBS Ousts Its Chief. "The Swiss Banking Secret: From a Legal View". In April 2009, UBS announced that it agreed to sell its Brazilian financial services business, UBS Pactual, for approximately US2.5 billion to BTG Investments. 27 28 Ermotti's comments have been interpreted to be emblematic of the company's stance on client privacy. 58 72 UBS held large amounts of stolen gold in their bank vaults during World War. Godbehere Board Member: Chairperson of the Compensation Committee; Member of the Audit Committee William. The Independent (London 20 November 1997 A Swiss Bank Raises Loss on Derivatives.
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