Royal Dutch Shell Plc  .com Rotating Header Image

UBS Bank

Peter Voser, another Shell CEO tainted by scandal

FROM A SHELL INSIDER

Hello John

No doubt you are already aware, but in these Olympic times with your queen jumping out of a helicopter, one never knows.

You are aware of the growing Libor scandal. I just read that other banks also were involved such as RBS and the Swiss UBS.

Now, who was a director not too long ago in UBS?????

And on another topic, the window of opportunity to drill a well in the arctic is narrowing by the day. Before too long they will have to postpone the whole circus for another 8 months. This will cost a fortune. Not good planning. I see similarities with the Kashagan field. Too little detailed planning upfront, too much arms-length management (the boys know what they are doing) and then things derail. No money has been earned just yet on one of the biggest discoveries in the last few decades. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

UBS ‘regrets’ bank failings, executive tells tax inquiry (Shell CFO Peter Voser is a director of the scandal hit UBS Bank)

A continuing internal investigation suggested that "misconduct occurred that we consider unacceptable", said Mark Branson, chief financial officer of UBS Global Wealth Management and Business Banking

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

UBS Bank plans $3.5 billion buy back arising from securities fraud lawsuit filed by Massachusetts Secretary of State William Galvin (Shell CFO Peter Voser is a director of UBS)

July 16 (Bloomberg) -- UBS AG, Switzerland's largest bank, plans to buy back as much as $3.5 billion of auction-rate preferred shares after being sued in the U.S. for fraudulently selling the securities as low-risk alternatives to cash.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell CFO Peter Voser is a director of the scandal hit UBS Swiss bank in financial meltdown

U.S. prosecutors are expected to confront Swiss banking giant UBS AG with a broad subpoena for the names of wealthy American clients who may have used its services to avoid income taxes, according to lawyers and others involved in the case.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.