Posts Tagged ‘swiss’

DealBook: Former UBS Trader Pleads Not Guilty to Fraud

Monday, January 30th, 2012

A former UBS trader, Kweku M. Adoboli, pleaded not guilty Monday to charges of fraud and false accounting that led to a $2.3 billion trading loss at the Swiss bank last year.

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DealBook: Former UBS Trader Pleads Not Guilty to Fraud

UBS ‘rogue’ trader denies charges

Monday, January 30th, 2012

Alleged rogue trader Kweku Adoboli pleads not guilty to two charges of false accounting and two of fraud while working for Swiss bank UBS.

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UBS ‘rogue’ trader denies charges

Romney campaign to correct financial disclosure forms to include overseas income

Friday, January 27th, 2012

Mitt Romney’s campaign said Thursday it was working to correct the Republican candidate’s financial disclosures following reports that nearly two dozen funds, including a now-closed Swiss bank account, were not included on the forms as required. Read full article > >

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Romney campaign to correct financial disclosure forms to include overseas income

Swiss central bank chief resigns

Monday, January 9th, 2012

The chairman of the Swiss National Bank, Philipp Hildebrand, resigns in the wake of allegations of currency trades made by his wife.

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Swiss central bank chief resigns

Derby firm restores glockenspiel

Monday, November 28th, 2011

A Derby clockmaker helps restore the famous Swiss Glockenspiel to London’s Leicester Square.

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Derby firm restores glockenspiel

In pictures: Gotthard Schuh

Thursday, November 17th, 2011

An exhibition of the work of Swiss photographer

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In pictures: Gotthard Schuh

VIDEO: Studying drivers’ brain signals

Monday, November 7th, 2011

Scientists at a Swiss university are working with car manufacturer Nissan to find out if they could use brain signals to improve car safety.

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VIDEO: Studying drivers’ brain signals

Georgians Suggest World Tade Organization Deal Is Near for Russia

Thursday, October 27th, 2011

Georgian negotiators said Thursday that they had accepted a Swiss compromise that would clear Russia’s path to join to the World Trade Organization, but Russian negotiators made no immediate comment.

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Georgians Suggest World Tade Organization Deal Is Near for Russia

Swiss to vote for new parliament

Saturday, October 22nd, 2011

Swiss voters are set to elect a new parliament, with the far-right Swiss People’s Party expected to strengthen its position.

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Swiss to vote for new parliament

Park Avenue Armory to Get Swiss Makeover

Thursday, October 6th, 2011

For the Swiss architects Jacques Herzog and Pierre de Meuron, the restoration of the Park Avenue Armory is a delicate process of excavation.

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Park Avenue Armory to Get Swiss Makeover

Iran will free U.S. hikers on Wednesday

Wednesday, September 21st, 2011

TEHRAN — The two Americans held in Iran for more than two years will be freed Wednesday, their lawyer said. Attorney Masoud Shafiei was waiting at the Evin prison starting just before 3 p.m. Tehran time (6:30 a.m. in Washington), along with Swiss and Omani diplomats who were believed to be helping to secure the hikers’ release. Read full article > >

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Iran will free U.S. hikers on Wednesday

UBS Says Trading Losses Were Closer to $2.3 Billion

Sunday, September 18th, 2011

The Swiss banking giant said unauthorized trades in index futures were at the center of rogue trading that led to a $2.3 billion loss.

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UBS Says Trading Losses Were Closer to $2.3 Billion

Rogue Trader Thrived for 3 Years

Saturday, September 17th, 2011

$2B loss may have made Swiss franc volatile.

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Rogue Trader Thrived for 3 Years

DealBook: UBS Faces Questions on Oversight After a Trader Lost $2 Billion

Saturday, September 17th, 2011

British regulators want to know why the Swiss bank failed to detect the huge losses that a trader was piling up.

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DealBook: UBS Faces Questions on Oversight After a Trader Lost $2 Billion

Trader held in custody on fraud charges as questions mount for UBS over $2 billion loss

Friday, September 16th, 2011

LONDON — An alleged renegade trader accused of losing Swiss bank UBS about $2 billion in unauthorized trading was ordered held in prison custody Friday charged with fraud and false accounting. Kweku Adoboli, 31, will be held until another court appearance on Sept. 22, presiding magistrate Carolyn Wagstaff said. Read full article > >

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Trader held in custody on fraud charges as questions mount for UBS over $2 billion loss