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One North Wacker, UBS Tower is a 50-story (199 m (653 ft)) skyscraper at One North Wacker Drive in downtown Chicago, Illinois. The tower was built from 1999 to 2002 to accommodate Swiss investment bank UBS AG 's Chicago headquarters.
On 19 February 2009, the US government filed suit against UBS to reveal the names of all 52,000 U.S. customers, alleging that the bank and these customers conspired to defraud the US tax authority IRS of legitimately owed tax revenue. [10] However revealing customer names was contrary to Swiss law and put UBS in a difficult position.
UBS PaineWebber logo in use from 2001 until 2003 when the use of the Paine Webber brand was dropped UBS Warburg was the brand used for the Investment Banking division of UBS from 1999 to 2003. On 3 November 2000, UBS merged with Paine Webber , an American stock brokerage and asset management firm led by chairman and CEO Donald Marron .
A second major bank is near a settlement agreement with regulators related to charges of manipulating the Libor interest rate. Swiss banking giant UBS AG (NYSE: UBS) is expected to agree to pay at ...
By Martin de Sa'Pinto ZURICH, Dec 3 (Reuters) - Swiss bank UBS AG (UBS) is expected to pay more than $450 million to U.S. and British authorities to settle claims some of its employees submitted ...
The Justice Department may drop its dispute with UBS (UBS) some time before the next court hearing on July 13, according to a report in The New York Times today. The suit involved the release of ...
According to UBS, eventually Credit Suisse will be fully integrated into UBS [10] but while the integration is not complete both banks are operating separately. Headquartered in Zürich , as a standalone firm it maintained offices in all major financial centers around the world and provided services in investment banking , private banking ...
UBS also entered the life insurance business in 1993 establishing UBS Life. UBS formed a joint venture with Swiss Life in 1995, known as UBS Swiss Life. UBS took a 25% ownership position in Swiss Life in exchange for a 50% share in the joint venture. [5] UBS entered the 1990s clearly the largest and most conservative of the three large Swiss Banks.