from Breakingviews:

UBS pulls ahead of both activist and rivals

May 5, 2015

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Breakingviews:

Swiss say-on-pay bodes ill for rainmaker wallets

April 2, 2015

A Switzerland national flag flies in front of the logo of Swiss bank UBS at the company's headquarters in Zurich

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Alison Frankel:

U.S. judge refuses to toss Libor criminal complaint vs. Swiss UBS trader

By Alison Frankel
March 23, 2015

There are so many interesting jurisdictional issues in the U.S. government's prosecution of foreign bankers allegedly involved in the manipulation of benchmark London Interbank Offered Rates, calculated in London under the auspices of the British Bankers' Association. Last December, Covington & Burling laid out at least three solid arguments for why U.S. courts shouldn't hear the government's criminal case against Roger Darin, a Swiss UBS interest-rate trader charged with one count of conspiracy to commit wire fraud by supposedly submitting false reports of UBS' yen Libor, including the territorial limits of the U.S. wire fraud statute and Darin's due process right not to be tried in U.S. courts for conduct that took place entirely outside of the United States.

from Breakingviews:

FX fines are wake-up call on self-policing

November 12, 2014

By Dominic Elliott 

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Breakingviews:

Barclays shows why it needs to do a UBS

May 6, 2014

By George Hay

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Breakingviews:

Banks swap rewards for risk on public deals

April 9, 2014

By Dominic Elliott

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from MacroScope:

Why should the Bank of England hike rates when it can baby-step?

January 17, 2014

When the Bank of England decides to start hiking interest rates, it may find that its standard 25 and 50 basis point interest rate moves of old are too blunt a tool for Britain's delicately-poised economic recovery.

from Global Investing:

Perfect storm brewing for the rouble

December 2, 2013

A perfect storm seems to be brewing for the Russian rouble. It has tumbled to four-year lows against a euro-dollar basket. Against the dollar, it has lost around 7 percent so far this year, faring better than many other emerging currencies. But signs are that next year will bring more turmoil.

from Breakingviews:

Banks need to lop another quarter off costs

November 22, 2013

By Dominic Elliott

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Global Investing:

Beaten-down emerging equities may not be all that cheap

November 11, 2013

It's generally accepted these days that emerging equities are cheap and that value-focused investors should consider buying. But some disagree  -- analysts at UBS say the alleged cheapness of EM equities rings hollow when you look at the return-on-equity on emerging companies. They don't dispute that the market has de-rated significantly on price-earnings and price-book metrics (at 10.5 times and 1.5 times respectively, they are well below long-term averages). But they argue that these have not been excessive when compared to the decline in profitability.  Emerging return-on-equity pre-crisis was usually higher than developed. Once at a lofty 17 percent, emerging ROE now languishes at 12.7 percent, almost on par with ROE for developed companies. Check out this graphic: