Search for: "Peter Wuffli"
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1 Oct, 2007 4:50 pm
... $123 million loss from exposure to the subprime mortgage sector. This prompted UBS to shut down its Dillon Read Capital Management hedge fund on May 3, 2007. It also cost CEO
Peter Wuffli his job. On July 6, 2007, UBS ended Wuffli's
tenor as ... Marcel Rohner. Earlier this year, Rohner was working as the head of UBS's asset management business. When CEO Wuffli was ousted in
July, Rohner replaced him. Now Rohner is replacing Jenkins, who was ousted today. Unfortunately, Rohner ...
5 Jul, 2007 3:37 pm
UBS said Thursday that its chief executive, Peter Wuffli, has stepped down after the Swiss investment
bank's board refused to appoint him as its next chairman. Mr. Wuffli's departure comes amid a year of defections and the collapse of an
internal hedge fund. UBS' current chairman, Marcel Ospel, had wanted to retire from the bank and [...]
13 Feb 7:19 am
... in its tax evasion scam. In addition to UBS, defendants in the class action case include Marcel Ospel, Phillip Lofts, Peter Wuffli, Mark Branson, Peter Kurer, Martin Liechti, Peter Kurer, and Raoul
Weil. The putative Class is seeking billions of dollars in damages. Related Web Resources: The New Orleans Employees' Retirement System, Through Its Counsel Labaton Sucharow LLP, Files
Class Action Lawsuit Against UBS ...
22 Nov, 2006 9:55 am
... this is to turn people's focus from the internal issues to the external: Clients. Your indispensable ally in this campaign will be the compelling, unmistakable, logic of the merger
itself. ("What?!," you say, "it might not be obvious"? Back to Square One.) "As UBS president Peter Wuffli (whose global bank has grown on the back of a string of acquisitions) observes, "One of our criteria for a deal was that it had to be ...
11 Dec, 2006 5:57 am
UBS is set to hire more staff in Germany and is looking more closely at Commerzbank's investment banking in a push for a stronger presence in Germany, Tages-Anzeiger reported. While
Swiss paper didn't say what the bank's interest in Commerzbank really amounted to, UBS Chief Executive Peter Wuffli said in September that the Swiss bank [...]
3 May, 2007 6:00 am
In a shocking move, UBS said it would scrap its hedge fund, Dillon Read Capital Management, after losses at the unit contributed to a third straight decline in quarterly profit. "We
concluded that the DRCM initiative did not meet our expectations,'' UBS's chief executive, Peter Wuffli, said in a statement. Less than two years [...]
31 Jul, 2007 9:29 pm
... in an average of less than a year. UBS: The Company's CEO was replaced after its international hedge fund reported millions in losses. Peter Wuffli was replaced by Marcel Roehner, who was previously deputy CEO and head of global wealth management and
business banking. The Swiss banking firm expressed disappointment in its U.S. Operations, which would include several units, including recently acquired Paine ...
19 Mar, 2007 7:45 am
It's official: Kenneth D. Moelis, the president of UBS' investment bank, is leaving. DealBook obtained a copy of an internal memo by Huw Jenkins, the chairman and chief executive of
UBS' investment bank, and Peter A. Wuffli, the president of the firm's Group Executive Board,
announcing the veteran investment banker's departure. A spokeswoman for UBS confirmed [...]
6 Jul, 2007 5:42 am
In a surprise move, the Swiss bank UBS said late Thursday that its chief executive, Peter A. Wuffli,
would be succeeded by his deputy, Marcel Rohner, effective immediately. The abrupt power shift at UBS comes amid growing criticism about rising expenses and disagreements over strategy
at the bank. In recent months, UBS has struggled with [...]
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