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Posts Tagged ‘UBS’

Former manager made ‘smash and grab’ raid on UBS: Shell CFO Peter Voser is a director of “the embattled Swiss bank”

UBS, the embattled Swiss bank, yesterday accused a group of former and departing executives backed by Goldman Sachs of orchestrating a “smash and grab raid” that devastated the bank’s UK wealth management arm.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

The collapse of UBS Bank: Shell CFO Peter Voser, a UBS director, is implicated in the disastrous mismanagement

But a few weeks after the Dillon Read episode in mid-2005, the new senior management team at the investment bank developed a strategy for growth that would also end in disaster two years later.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Troubled UBS sees four board members resign: Shell CFO Peter Voser remains at the scandal hit Swiss Bank in financial meltdown

Swiss bank UBS sought to shore up its battered reputation by enforcing the resignation of four board members. However, its shares slumped to a new 10-year low.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Ex-UBS Banker Pleads Guilty in Tax Evasion (*Royal Dutch Shell CFO Peter Voser is a director of scandal hit UBS)

Mr. Birkenfeld’s testimony, the centerpiece of a widening investigation into UBS and its wealthy American clients, blew a hole in the wall of secrecy surrounding the world of Swiss banking. Under pressure from the authorities, UBS has been considering disclosing the names of thousands of its wealthy clients in the United States.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

UBS tells unit staff to avoid US visits: Shell CFO Peter Voser is a director of the scandal hit Swiss bank

UBS’s travel restrictions suggest it is concerned that the investigations by the US Department of Justice and the Securities and Exchange Commission may widen.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

UBS meltdown continues: Shell CFO Peter Voser is a director of the crisis hit Swiss bank

UBS is expecting more losses from its property exposure as the bank’s troubles widen beyond the United States to mortgage business in other countries.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

UBS Swiss bank sued by claimants alleging it financed terrorism by doing business with Iran: Shell CFO Peter Voser is a UBS director

US victims of attacks in Israel and their families are suing Swiss bank UBS for 500 million dollars, alleging it financed terrorism by doing business with Iran, their lawyer told AFP Tuesday.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Financial Times: Top UBS banker detained by US

One of the most senior private bankers at UBS, the world’s leading wealth manager, has been detained by authorities in the US investigating whether the Swiss bank helped its American clients evade tax.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

More crisis moves at UBS: Royal Dutch Shell Plc CFO, Peter Voser is a director of the Swiss bank mired in scandal

ZURICH -- UBS AG said Tuesday it would sell $15 billion in mortgage assets to BlackRock Inc. and slash 5,500 jobs by the middle of next year, moves meant to restructure the Swiss giant's troubled investment bank.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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