UBS have turned to Peter Voser as part of moves to tighten up their strategy
after the battering the company has taken from sub-prime writedowns.
FD will be lending his financial expertise to UBS later this year as the
company try to hammer out a new working policy.
UBS has written down more than $37bn (£18.7bn) to date but still holds
sizeable risky assets on its books. ‘Today our problem positions are only about
a third of what they were at the end of September 2007,’ CEO Marcel Rohner told
the Wall St Journal.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements