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UBS earnings Q4 2018

The bank's net income attributable to shareholders for 2018 was $ 4.897 billion, compared to $ 969 million in 2017, when a US tax reform detracted from results. Five analysts surveyed by Reuters forecast a net profit of $ 4.906 billion for 2018. "We experienced a normalization of markets in early 2019. We will continue to focus on balancing efficiency …

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UBS Director Blames Trump's White House for Dow Jones Sell-Off

UBS Financial Services, the managing director of trading floor operations, has firmly blamed United States President Donald Trump for the stock market volatility Industrial Average sell-off. Veteran stock market traders Cashin blamed the latest government's shutdown and Trump's attacks on the Federal Reserve for the Dow Jones sell-off, telling CNBC: I think we lost maybe a couple of thousand points …

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UBS is in the US in a new lawsuit over mortgage securities

NEW YORK / ZURICH (Reuters) – The largest bank in Switzerland, UBS Group AG (19459003, UBSG.S ), faces another potentially costly legal battle as the US Department of Justice sues a civil lawsuit over the sale raises mortgage-backed securities in the run-up to the financial crisis of 2008. FILE PHOTO: The logo of the Swiss bank UBS can be seen …

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UBS warns private banking employees about China travel

The Swiss bank UBS has warned some employees against traveling to China after one of their advisers was asked by the Chinese authorities not to leave the country. UBS, one of the largest asset managers in the world, sent an internal note to a small team of regional private banking advisers who recommend travel delays in the country as the …

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UBS warns China travel to bankers in Beijing: source

HONG KONG (Reuters) – Swiss bank UBS Group AG. ( UBSG.S ) has asked its Chinese asset managers to rethink their travel plans into the country after local authorities asked one of their bankers to postpone their departure from Beijing to meet with local officials the thing. FILE PHOTO: The logo of the Swiss bank UBS can be seen in …

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UBS: Behavioral Aids likely to Persist in AT & T / Time Warner Decision – Comcast Corporation (NASDAQ: CMCSA)

AT & T's (NYSE: T) $ 85B deal to acquire Time Warner (NYSE: TWX) is likely to still be acceptable, even though some of the behavioral remedies will be ordered by Judge Richard Leon next Tuesday, UBS says. The firm rather with orders that require solutions such as equal access to content for online video players, dispute resolution through arbitration …

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