UBS orders bankers to scale back sale of complex currency products
Swiss bank tells advisers to stop pitching foreign exchange derivatives to many clients after losses
Swiss bank tells advisers to stop pitching foreign exchange derivatives to many clients after losses

Volatile markets boost Swiss bank’s markets division but dealmaking remains soft

Bern’s plea for a level playing field may resonate with the boss of its biggest bank

It is not in the country’s interests for its biggest bank to be uncompetitive

Swiss bank resolves outstanding obligations relating to US probe linked to 2008 financial crisis

Swiss bank says it has progressed in integrating Credit Suisse and achieved $10bn in cumulative cost savings

Lender argues that proposals to significantly increase requirements have already cost investors $40bn