UBS

Vodafone chooses Kotak, UBS, ICICI for $2 billion share sale

Vodafone chooses Kotak, UBS, ICICI for $2 billion share sale

Close to launching an Initial Public Offering (IPO), Vodafone has picked six investment banks, including Kotak, ICICI and UBS, for the over USD 2 billion share sale process, as per media sources.

Indian retail interest in stock markets may be faltering: UBS

Indian retail interest in stock markets may be faltering: UBS

Retail investor interest in domestic stock markets may be faltering as one-year returns have turned negative, global financial services major UBS said in a report.

UBS sees Nifty at 8,200 by year-end

UBS sees Nifty at 8,200 by year-end

Global financial services major UBS on Tuesday said it is "overweight" on India but sees limited room for a re-rating and forecast an end-2016 Nifty target of 8,200.

RBI to cut rates in H2 again on falling inflation: UBS

RBI to cut rates in H2 again on falling inflation: UBS

Even as the price indices have moved up in recent months, Swiss brokerage UBS expects the same to fall during the second half and expects RBI to cut the repo rate again by 25 basis points in this fiscal and 50 basis points next year.

Swiss authorities probe 7 banks for price fixing in metals market

Swiss competition authorities said Monday they were investigating UBS, HSBC, Deutsche Bank and four other banks on suspicion of price fixing in the precious metals market.

London fifth-priciest city in the world but earnings lag behind: UBS

London is the fifth most expensive city in the world to live in but wage levels have failed to keep up compared to other major centres, a report by Swiss Bank UBS has found.

 

UBS cuts year-end Nifty target by 5% to 8,200

Global brokerage firm UBS has trimmed its Nifty target for December-end by nearly 5 percent to 8,200 from 8,600 earlier on account of slower-than-expected recovery in India's economic growth.

UBS cuts India's growth forecast to 7.1% for FY16

Swiss brokerage UBS has revised downwards India's GDP growth projection for the current fiscal to 7.1 percent, from 7.5 percent earlier, on account of weaker external demand prospects.

UBS pays $1.7 mn for `apparent` sanctions violations

The Swiss bank UBS has agreed to pay US authorities $1.7 million to settle "apparent" violations of rules banning transactions benefiting officially designated terrorists, the Treasury Department said Thursday.

'India, China witness uptrend in mobile banking'

Mobile banking has risen significantly in emerging market economies like India and China and the number of such users globally is expected to double in the next four years, a KMPG and UBS research says.

Ex-UBS, Citigroup trader jailed for 14 years for rigging Libor rates

A trader who worked for UBS and Citigroup was jailed Monday for 14 years by a London court after becoming the first person to be found guilty by a jury of rigging the benchmark Libor inter-bank lending rate.

Ex-UBS, Citigroup trader convicted in UK of Libor rigging

A trader who worked for UBS and Citigroup on Monday became the first person to be convicted by a jury in Britain of rigging the benchmark Libor inter-bank lending rate.

UBS posts 53% rise in second quarter profits

Switzerland's largest bank UBS on Monday posted second quarter profits of 1.2 billion Swiss francs ($1.25 billion, 1.1 billion euro), a 53 percent rise over the same period last year, which beat expectations.

UBS posts 53% rise in second quarter profits

Switzerland's largest bank UBS on Monday posted second quarter profits of 1.2 billion Swiss francs ($1.25 billion, 1.1 billion euro), a 53 percent rise over the same period last year, which beat expectations.

UBS cuts Nifty target to 8,600 for end of this year

Swiss brokerage major UBS has revised downwards its Nifty target for end of this year to 8,600 from 9,200 earlier as investors are worried about adverse impact on growth/inflation from potential weak monsoons ahead.

Most FIIs still overweight on Dalal Street, says UBS

Most foreign investors are still overweight on domestic market despite the minimum alternate tax (MAT) issue and muted earnings growth, according to Swiss brokerage UBS.

UBS to pay $545 mn over forex scandal, rivals await fate

UBS will pay $545 million to US authorities to end an investigation into alleged manipulation of currency rates, a settlement that will help the Swiss bank to move on after a series of trading scandals.

UBS says not fined in currency rigging probe but must pay $342 mn

Swiss banking giant UBS said Wednesday that the US Department of Justice had dropped charges against it after a probe into currency rigging.

Forex rigging settlements now seen next week

Five major banks are expected to settle with US and British authorities next week for their role in rigging the foreign exchange market, a source told AFP Tuesday.

UBS net profit surges 88% in first quarter

Switzerland`s biggest bank UBS reported Tuesday an 88 percent surge in first quarter profits, despite a strong franc, outstripping analysts` forecasts.