top of page
All Articles
UBS Monaco Hit With €6 Million Penalty Over Major Anti-Money Laundering Compliance Failures
The Monegasque financial regulator has imposed a substantial €6 million fine on the Monaco subsidiary of UBS following a lengthy investigation into serious anti-money laundering and compliance deficiencies spanning several years. The sanction, issued by the Autorité Monégasque de Sécurité Financière, stems from repeated failures involving the monitoring of high-risk transactions, inadequate controls surrounding politically exposed persons, and weak oversight of internationa
May 116 min read
Greek Banks Dominate European Rankings as UBS Highlights Piraeus Bank’s Investment Appeal
Eurobank and National Bank of Greece (NBG) have emerged at the top of European banking rankings for return on equity, according to a pan-European report by UBS, underscoring the sustained profitability and resilience of the Greek banking sector. The findings, shared by Greek business outlet Newmoney, place both Eurobank and NBG firmly in the upper echelons of the European ranking for return on equity, reflecting gains that are “not a cyclical phenomenon but is instead the res
Dec 10, 20252 min read
bottom of page