Swizz Banks

  • UBS CEO quits, board wants faster restructuring 24-09-2011 04:58 PM

    Zurich: The board of UBS accepted on Saturday the resignation of Chief Executive Oswald Gruebel after the Swiss bank lost $2.3 billion in alleged rogue trading and said it had appointed Sergio Ermotti to replace him for now. Ermotti, a 51 year-old from Switzerland's Italian-speaking region of Ticino, joined UBS...
  • Tax evader Hasan Ali's money trail revealed 04-03-2011 09:07 PM

    New Delhi: The income tax department has issued a show cause notice to tax defaulter Hasan Ali, on non-payment of Rs 40,000 crore worth of tax dues. He has been given 15 days to reply. He has a bank account with Union Bank of Switzerland (UBS) in Zurich which has...
  • Swiss bank giant UBS to cut 8,700 jobs 15-04-2009 10:44 PM

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