Jennifer Mihocko-Tierney, Bank of America's head of electronic foreign-exchange sales for the Americas, has left the company, according to two people with knowledge of the matter who requested anonymity to discuss personnel matters.
Headquartered in Zurich and Basel, UBS is a global firm providing financial services to private, corporate and institutional clients.
UBS and a banker-turned-whistle-blower were deemed to have too 'unclean hands' to bring a malicious prosecution lawsuit against a real-estate developer who had accused them of duping him into filing a false tax return.
The jury in the trial of Tom Hayes, the former UBS and Citigroup trader charged with manipulating global Libor interest rates, has retired to digest nine weeks of evidence.
Bank of America General Counsel Gary Lynch, who was named vice chairman this week as part of a broad management shake-up, will step down as the company’s chief lawyer after a replacement is found.
Mizuho International, the securities and investment banking arm of the Mizuho Financial Group has appointed Cameron Umetsu as Executive Director, Chief Japan Fixed Income Strategist.
UBS releases results a day early after a Swiss newspaper report on the figures over the weekend.
Twenty-two financial companies that have served as primary dealers of U.S. Treasury securities were sued in federal court on Thursday, in what was described as the first nationwide class action alleging a conspiracy to manipulate Treasury auctions that harmed both investors and borrowers.
The prosecution in the first trial of a defendant accused of rigging Libor told the jury on Monday that what mattered was the dishonest intent to influence benchmark interest rates for profit, not the outcome of the manipulation.
Thomson Reuters has announced the 2012 Extel Survey results.
Here's the latest on who's on the move.
Bloomberg reports that Citigroup has picked up former UBS European M&A co-head Pat Guerin as a senior adviser for clients on asset sales. Based in London, he will report to Wilhelm Schulz, co-head of European M&A.
From reading the press in recent weeks, you could be forgiven for thinking that UBS, especially UBS Investment Bank, is having a hard time of it keeping its senior staff. Hardly a week seems to go by without a retirement, departure or resignation. But that's not actually the case.
Bank of Montreal has sued UBS in Houston federal court to recover confidential information allegedly taken by some bank employees who defected to the Swiss rival.
Former executives from BlackRock and Element Capital Management are looking to mix computer programs and traditional money management for their new macro hedge fund.
Cornerstone Real Estate Advisers has hired Joy Winterfield and Albert Yang as new CEO Scott Brown builds the operation after taking over this year.
Many of these are incredible.
Sergio Ermotti was challenged by Marc Walder, Chief Executive Officer of Swiss media company Ringier and Gianluigi Bianchi, Managing Partner for Europe of Wealth-X to undertake the ALS Ice Bucket Challenge.
Standard Chartered has replaced UBS as one of its corporate advisors as it attempts to improve its relationship with major shareholders.
UBS shut down a feeder fund that provided wealthy clients access to billionaire investor John Paulson's Advantage fund due to the high cost of operating that portfolio, two sources said last week.
Here's a quick look at some of the trading disasters which have occurred in recent years. Note that these are genuine foul-ups (or 'fat-fingered' trades), and not losses down to rogue traders.
The UK financial regulator has dropped an investigation into a former senior UBS banker caught up in the Libor scandal, after its own review panel found there was not a strong enough case to pursue him.