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UBS AG

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UBS decides to exit banking business in India, closes sole branch

Jun 24, 2013

UBS decides to exit banking business in India, closes sole branch

However, UBS will continue its corporate client service business, which includes mergers and acquisitions, equities and debt capital market services, said the source, who declined to be identified as the information was not yet public. #RBI #UBS AG #NewsTracker #CompanyWatch #Banking License
UBS upgrades Indian stocks on attractive valuations

Jul 04, 2012

UBS upgrades Indian stocks on attractive valuations

Investment banking major UBS is bullish on India and has upgraded Indian stocks to 'overweight' on improved valuations. #Financial markets #UBS AG #Expert View #Valuation #Market liquidity
Moody's cuts German banks ratings on euro crisis

Jun 06, 2012

Moody's cuts German banks ratings on euro crisis

With the forecast of the eurozone crisis strengthening, Moody's has cut the credit ratings of several German banks including Commerz Bank and Dresdner Bank on account of limited loss-absorption capacity. #Debt #UBS AG #NewsTracker #Moody's #Investment banks
Tata Motors loses 12%, Nifty ends below 5000 ahead of GDP data

May 30, 2012

Tata Motors loses 12%, Nifty ends below 5000 ahead of GDP data

The BSE and the Nifty fell 0.77% today making it a volatile day for traders. The star of the day was M&M which posted buoyant 44% profit while Tata motors stock plummeted owing to JLR margins. #UBS AG #Tata Motors #BSE #Jaguar Land Rover #Mahindra & Mahindra Limited #MarketClose #Shree Renuka #auto maker
Did Sebi miss any tricks in Ambani consent order?

May 30, 2012

Did Sebi miss any tricks in Ambani consent order?

Sachin Karpe, the rogue UBS wealth manager who was fine over Rs 10 crore by the US Upper Tribunal, is most likely that missing link which connects Ambani's Cell E to Customer A #UBS AG #Anil Ambani #Reliance Communications #R-ADAG #Money Trail #Sachin Karpe #Cell E
Cell E, Cell G: How Anil, Jagan and Unitech routed Mauritius fund flows

May 30, 2012

Cell E, Cell G: How Anil, Jagan and Unitech routed Mauritius fund flows

Politicians and businessmen seem to love the Mauritius-based protected cellular company to route funds. What's it all about? #2G scam #Sanjay Chandra #UBS AG #Anil Ambani #Jagan Mohan Reddy #R-ADAG #Pluri Cell E #LRs #Protected Cellular Company
Ambani Mauritius Funds end up with mysterious UBS Customer A

May 29, 2012

Ambani Mauritius Funds end up with mysterious UBS Customer A

But a UK Upper Tribunal order noted that Reliance ADAG had not authorised the transaction. It was done at the behest of former UBS employee Sachin Karpe #2G scam #UBS AG #Anil Ambani #Reliance Communications #R-ADAG #Upper Tribunal #Sachin Karpe #UK Upper Tribunal
Credit Suisse Q1 profit beats forecast despite debt loss

Apr 25, 2012

Credit Suisse Q1 profit beats forecast despite debt loss

Credit Suisse posted a net profit of 44 million Swiss francs, compared to 1.13 billion net profit last year. #Business/Finance #Numbers #UBS AG #Credit Suisse #Switzerland
UBS downgrades India shares to 'neutral', says China is better bet

Apr 20, 2012

UBS downgrades India shares to 'neutral', says China is better bet

The bank said that while India was unlikely to see big downside surprises on inflation and no aggressive rate cuts, China, offers an opportunity to benefit from expected policy easing and more attractive valuations. #Inflation #India #China #UBS AG #Investment #NewsTracker #Tax evasion
UK regulator hints "covert" Ambani fund invested in RCom

Dec 24, 2011

UK regulator hints "covert" Ambani fund invested in RCom

Documents from the UK regulator show that Anil Ambani's companies created a Mauritius fund that invested in group company instruments. #HowThisWorks #UBS AG #Anil Ambani #Reliance Infrastructure #FSA #RNRL