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UBS should be banned from doing business in PNG after loan deal, PM tells parliament
James Marape says failed deal cost country ‘in excess of $AUD340m’ and accused bank of overcharging by AUD$175m

Lyanne Togiba in Port Moresby and Ben Butler in Melbourne

22, Apr, 2022 @4:14 AM

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Protesters call on banks to ‘drop African debt’ in wake of Covid
World’s poorest nations saddled with ‘imprisoning’ debt, hampering responses to the pandemic, say activists protesting HSBC meeting

Lizzy Davies

28, May, 2021 @11:39 AM

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Bank losses linked to Archegos top $10bn after latest results
Nomura takes $2.3bn hit with UBS forecasting a total $861m loss after collapse of hedge fund

Kalyeena Makortoff Banking correspondent

27, Apr, 2021 @2:17 PM

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Investor group makes net-zero carbon pledge to tackle climate crisis
Managers commit to investing only in companies with net-zero CO2 emissions by 2050

Jasper Jolly

11, Dec, 2020 @5:01 AM

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European banks urged to stop funding oil trade in Amazon
Indigenous people in headwaters region say financing harms communities and ecosystems

Fiona Harvey Environment correspondent

12, Aug, 2020 @7:01 AM

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Family fortunes of wealthy increase as super-rich ride coronavirus storm
UBS says portfolios of 77% of richest investors are performing in line with or above target

Rupert Neate Wealth correspondent

16, Jul, 2020 @5:01 AM

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Wealthy people are spending less – are they seeing signs of a recession?
A recent USB report found wealthy investors are increasing their cash reserves, adding to growing evidence suggesting they see trouble on the horizon

Edward Helmore in New York

18, Nov, 2019 @7:00 AM

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Global stock market rout leaves world with 57 fewer billionaires
Big fall in wealth in China as combined fortunes of ultra-rich dips for first time since financial crisis, says UBS

Rupert Neate Wealth correspondent

08, Nov, 2019 @12:47 PM

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UBS to charge super-rich for cash deposits
Move means savings of £1.7m would attract fee of £10,700 for clients in Switzerland

Rupert Neate Wealth correspondent

06, Aug, 2019 @1:33 PM

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UK banks fined €1bn by EU for rigging foreign exchange market
European commission says decision shows ‘collusive behaviour will not be tolerated’

Kalyeena Makortoff and agency

16, May, 2019 @12:39 PM

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UBS ordered to pay £3.9bn by French court over raft of violations
Swiss bank found guilty of illegal solicitation and laundering proceeds of tax fraud

Kalyeena Makortoff Banking correspondent

20, Feb, 2019 @7:46 PM

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Santander recruitment farce puts greed and hubris centre stage | Nils Pratley
Andrea Orcel parable shows how little has changed at big banks since the 2008 crisis

Nils Pratley

16, Jan, 2019 @7:49 PM

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