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Thailand, Taiwan risk entering US watchlist for currency Manipulation, UBS says

Thailand and Taiwan may be added to the US watchlist for currency manipulation after meeting all of the criteria set out by the Treasury Department, according to UBS Group AG.

Stimulus addiction grows as risk in emerging markets

Emerging-market (EM) inflation is dormant even as governments and policy makers hurl money into the economy. Investors shouldn’t count on it staying that way.

UBS faces uphill battle to regain ground after Hong Kong IPO...

HONG KONG — UBS Group AG is likely to have a hard time regaining ground lost in the 10 months it was banned from the big-money business of sponsoring initial public offerings (IPO) in Hong Kong, where Chinese rivals have become formidable players, bankers and analysts said.

UBS wealth management starts cutting jobs in Asia and Europe

UBS GROUP AG started a sweeping round of job cuts at its global wealth management unit in Europe and Asia, targeting dismissals across-the-board as new co-head Iqbal Khan seeks to make his mark on the business.

UBS overhauls European wealth management business

ZURICH — UBS Group is reorganizing its flagship wealth management business in the Europe, Middle East and Africa region and streamlining management, according to a staff memo seen by Reuters and confirmed by the Swiss bank.

UBS fined $51 million by Hong Kong regulator for overcharging clients

HONG KONG — Swiss bank UBS was fined HK$400 million ($51.09 million) by Hong Kong’s securities regulator for overcharging up to 5,000 clients for nearly a decade, the watchdog said on Monday.

UBS plans to cut about 40 banking jobs in Asia

UBS GROUP AG is cutting about 40 jobs in the Asia-Pacific region as part of a global push to trim costs and combine its trading units, according to a person familiar with the matter.

Barclays, JP Morgan among banks facing UK rigging suit

LONDON — Barclays, JP Morgan, RBS, UBS and Citigroup are being sued by investors over allegations they rigged the global foreign exchange market, in a test of US-style class actions in Britain.

FCA fines UBS 27.6 million pounds for transaction reporting failures

LONDON — Britain’s markets watchdog said on Tuesday it had fined Swiss bank UBS a record 27.6 million pounds for failing to report 136 million transactions properly for nearly a decade in a repeat offense.

UBS wealth management delivers after mega merger

UBS Group AG’s newly combined $2-trillion wealth management business and investment bank are helping Chief Executive Officer Sergio Ermotti deliver on growth plans.

UBS chair sees possible ‘massive’ bitcoin correction

UBS GROUP AG Chairman Axel Weber said the Swiss bank won’t trade Bitcoin or offer it to retail clients as increased regulation could lead...