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Barclays IPRS sale could reach $400m

For Sale

Barclays has launched a long-anticipated sale process for its Index, Portfolio and Risk Solutions (IPRS) business, which could yield around $400m for the UK bank, according to people familiar with the matter.

Deutsche Bank conducts own probe into gold 'fix'

Deutsche Bank - Foyer Bridge

Deutsche Bank is conducting its own investigation into trading around the setting of London's daily gold price benchmark, in addition to one being carried out by Germany's financial watchdog, sources close to the matter told Reuters.

UBS exec charged in tax fraud case

Tax & Business Calculator

Marcel Bruehwiler, chief executive of UBS's Belgium unit, was charged in Brussels as part of a probe into a multibillion-euro tax fraud, accelerating the latest tax-evasion inquiry facing the bank.




UBS activist sold stake in bank

Knight Vinke Asset Management sold its stock in UBS as the activist fund, led by Eric Knight, said it remained concerned about the size of the Swiss company’s investment banking arm.