Some staff accused of ‘try(ing) to get away with anything’ they could, including selling ‘utter complete garbage’.

http://hereisthecity.com/2013/02/04/c-suisse-accused-of-putting-garbage-mortgages-in-bonds/

Regulators in charge of monitoring the bankrupt futures brokerage Peregrine Financial Group missed warning signs as far back as 1994, according to an independent report released on the same day Peregrine’s founder was sentenced to 50 years in prison.

http://hereisthecity.com/2013/02/04/regulators-missed-peregrine-warning-signs-as-early-as-1994-repor/

UBS posted a fourth-quarter loss after booking a fine for trying to rig global interest rates and costs tied to job cuts.

http://hereisthecity.com/2013/02/05/ubs-posts-loss-on-libor-fine-reorganization-costs/

UBS will award bonuses to 6,500 senior bankers in the form of bonds that can be wiped out if the company doesn’t meet capital standards, according to the Financial Times. . .

http://hereisthecity.com/2013/02/05/ubs-bankers-said-to-receive-bonuses-in-bonds-that-can-be-wiped-o/

UBS provided $2.74bn in bonuses in 2012 – the lowest level since the beginning of the financial crisis. . .

http://hereisthecity.com/2013/02/05/ubs-compensation-at-lowest-level-since-beginning-of-financial-cr/