UBS will cut 5 500 jobs in one the biggest purges seen so far in the financial markets crisis, as the Swiss wealth-management titan slashes at the investment bank that plunged it…

UBS AG doubled its writedowns from the subprime crisis, parted company with its chairperson and asked shareholders for more emergency capital on Tuesday in a second dramatic…

UBS AG, the world’s largest wealth manager, unveiled $3,4-billion in losses, has swept out senior managers and slashed jobs in one of the biggest casualties yet of the worldwide…