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UBS trader banned for life from City

2015-10-16 14:49:28| BBC News | Business | UK Edition

Kweku Adoboli, the convicted former UBS trader, is formally banned from working in the financial services industry.

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Fonterra hits pause button on equity trust scheme; UBS walks

2015-07-27 08:47:08| Food - Topix.net

Fonterra Co-operative Group has put on hold its plans to develop an Equity Partnership Trust that would have given its 10,500 farmer suppliers access to investor capital to help them with the compulsory purchase of Fonterra shares when they increase milk production. Chief financial officer Lukas Paravicini said the decision to shelve the trust proposal for now was a consequence of UBS deciding to end the advisory role that began late last year, for reasons unrelated to the trust itself, as well as volatility in dairy and equity markets.

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UBS reports 53% jump in net profit

2015-07-27 06:55:39| BBC News | Business | UK Edition

Swiss bank UBS reports a 53% increase in net profit for its second quarter compared to the previous year.

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Coca-Cola (KO) Stock Climbs Following UBS Upgrade

2015-07-14 16:40:44| Beverages - Topix.net

Analysts at the firm also raised their price target to $48 from $44, saying the share price is likely to rise in the next 12 months. Atlanta, Ga.-based Coca-Cola is a beverage company that owns or licenses and markets more than 500 nonalcoholic beverage brands, including Coca-Cola, Diet Coke, Fanta and Sprite.

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Ferrari to pick UBS to manage New York stock listing: Bloomberg

2015-07-08 00:10:16| Automakers - Topix.net

Ferrari's listing may value the sports car unit at at least 10 billion euros , Fiat Chrysler Chief Executive Officer Sergio Marchionne said last week. JPMorgan Chase & Co and Goldman Sachs Group Inc are also due to help in selling 10 percent of Ferrari's shares to investors, Bloomberg said, citing the sources.

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