Carsten Kengeter

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  UBS to Slash 10,000 Jobs

  By Marlene Y. Satter, AdvisorOne  |  October 29, 2012

  The actions are seen as a way for UBS to go "back to its roots" in the advisory business.

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  UBS Could Shake Up Investment Bank

  By Marlene Y. Satter, AdvisorOne  |  October 26, 2012

  UBS is considering a revamp of its investment bank that could see it granting more responsibility to Andrea Orcel, co-head with Carsten Kengeter, and less to Kengeter, according to sources familiar with the matter.

• UBS Sees Leaders Exit, Expects Profit

  By Janet Levaux, AdvisorOne  |  October 26, 2011

  UBS said in early October that the co-heads of its global-equities unit resigned in response to the unauthorized trading that caused a $2.3 billion loss at the bank in mid-September. A former Bank of America-Merrill Lynch executive is now the sole leader of the unit. These shifts come on the...

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  Co-Heads of UBS Equities Unit Resign; Former Merrill Exec Takes Over

  By Janet Levaux, AdvisorOne  |  October 5, 2011

  The arrest of UBS trader Kweku Adoboli last month has led to the resignations of Francois Gouws and Yassine Bouhara; Mike Stewart assumes leadership role for UBS equities.