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UBS handed court victory

UBS HQ archway

A Swiss court handed UBS a victory in its attempt to fend off efforts by French tax authorities to force the bank to turn over customer data.

Court revives CDO case against UBS

Gavel

A New York state appeals court on Tuesday revived a lawsuit accusing UBS of fraudulently causing $331m of losses from collateralised debt obligations issued before the financial crisis.

Ex-Jefferies trader free to appeal conviction

American courtroom

A federal appeals court has determined that Jesse C. Litvak, a former senior trader at the Jefferies, can stay out of prison while he appeals a conviction of defrauding investors in mortgage-backed securities.

Goldman Sachs abandons Libya lawsuit bid

Goldman Sachs Logo

Goldman Sachs has abandoned its bid to get a U.K. court to throw out a $1bn lawsuit by the Libyan Investment Authority that alleged the New York-based bank made about $350m selling it investments that turned out to be worthless.

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UBS HQ archway

UBS handed court victory

A Swiss court handed UBS a victory in its attempt to fend off efforts by French tax authorities to force the bank to turn over customer data.