UBS News

Loans to stressed companies jump 85% in three years

While strong growth could be partly driven by disbursements to already approved loans for projects, banks also seem to be supporting some accounts, leading to a stretched working capital cycle.

Regulators fine global banks $4.3 bn in forex probe

The US Office of the Comptroller of the Currency, which regulates banks, also fined the US lenders $950 million and was the only authority to penalise Bank of America.


From UBS to Morgan Stanley, foreign banks exiting wealth mgmt biz in India

Experts say, this is because HNIs invest most of their wealth in real estate and gold.

Sebi sends notices to 12 firms over roundtripping

Sebi had reportedly sent the notices to several entities including United Spirits, GMR, Essar Group, Unitech, Sterlite and DLF among others.

UBS sets NSE Nifty target at 6,900 for 2014

UBS adds tapering is not a big fundamental worry for India,but depreciating rupee may yet be likely trend.

US Fed stimulus,China reform agenda drive Sensex up 451 points

Biggest monthly gain since October; R strengthens 70 paise to close at 62.41 to $.


UBS downgrades India to 'neutral',upgrades China on reforms

UBS says reforms will likely cause China to outperform Asia ex-Japan for the next few months.

Sins of past,present and future haunt banks

This week alone,Deutsche Bank,UBS and Lloyds revealed mounting legal bills.

AG tells govt to check facts before moving against UBS

Khan is in jail for various offences,including money laundering.

Property firm Unitech told to repay $150 mn loan to Deutsche Bank

Indian firm had counter-sued,saying Libor interest-rate rigging scandal can invalidate some deals.