UBS faces $260m hit on NAB exposure 24 March 2020 5:08PM Major Banks George Lekakis The Australian arm of Swiss investment bank UBS AG has amassed a 2 per cent stake in National Australia Bank following the completion of a hybrid conversion program on Monday. read more
The 'Bandit's Club' ends up in court 28 May 2019 3:36PM Finance regulation John Kavanagh Law firm Maurice Blackburn has launched a class action against five international banks, claiming they colluded to rig foreign exchange. The firm filed the class action in the Federal Court yesterday,.. read more
UBS sidelines its scandals, boosts pre-tax profits 25 July 2018 4:37PM Branches of Foreign Bank Bernard Kellerman Switzerland-based UBS Group has released its second quarter 2018 results, disclosing an adjusted operating profit before tax of CHF 1.8 billion and reported PBT of CHF 1.679 billion, largely due to CH.. read more
Australian consumers in no hurry to use mobile payments 01 August 2016 4:30PM Fintech Ian Rogers Australia fares poorly on a "fintech banking scorecard ranking" devised by sell-side analysts at UBS. read more
AmBank features in US Malaysian recovery measure 22 July 2016 4:26PM Finance regulation Ian Rogers The association of ANZ's Malaysian associate AmBank with ongoing investigations into the 1Malaysia Development Bhd scandal may be elaborated as a US probe progresses. read more
Foreign news: RBI governor retires amidst controversy, Swiss banks too big to comply 21 June 2016 4:17PM Foreign news Banking Day staff The governor of the Reserve Bank of India, Raghuram Rajan, has announced that he will retire when his current term ends in September. read more
Briefs: Morgan Stanley rated top sell-side banking analyst, Vow partners with Valiant 14 June 2016 4:02PM Briefs Banking Day staff Financial markets researcher East Coles has rated Morgan Stanley's banking research team, led by Richard Wiles, as the top sell-side banking research team in the Australian market. read more