UBS bank sees 53% jump in net profit

Swiss bank UBS has reported a 53% increase in net profits for its second quarter compared to the previous year.

U.S. regulators looking into UBS, Deutsche Bank speed trading operations

(Reuters) - Germany's Deutsche Bank (DBKGn.DE) and Switzerland's UBS (UBSN.VX) said they were caught up in an inquiry by U.S. regulators, who are looking into whether broker-run stock exchanges gave an unfair advantage to high-frequency traders.

Royal Mail float: paying bankers' deferred fees would be 'mad', MP says

The government would be "mad" to pay more than £4m in deferred fees to the banks that advised on Royal Mail's privatisation because they undervalued the company, the chairman of a parliamentary committee said after grilling the bankers on Wednesday.

Swiss bank UBS repays its bailout loan

Switzerland's central bank has said a loan it granted to bail out troubled bank UBS five years ago has been repaid.

UBS fires eighteen over Libor-rigging scandal

Eighteen UBS staff were sacked over the Libor-rigging scandal that saw the bank hand over $1.5bn (£940m) to regulators, the second-largest fine ever paid by a bank.

UBS fined £30m over rogue trader

UBS has been fined £30m by the UK's Financial Services Authority – and could see its investment banking activities hampered by the Swiss regulator – after its former trader Kweku Adoboli was jailed for fraud.