The logo of the Swiss bank UBS is seen in Zurich in 2001. (AP Photo/Keystone, Steffen Schmidt)
** FILE ** The logo of Swiss bank UBS is seen in Zurich, Switzerland, in this Dec. 18, 2001, picture. (AP Photo/Keystone, Steffen Schmidt, File)
The logo of the Swiss bank UBS is seen in Zurich in 2001. (AP Photo/Keystone, Steffen Schmidt)
UBS Chairman Axel Weber told the German daily Handelsblatt that changing regulations are making it more difficult to compete in investment banking. He said his own bank’s cuts will spread industrywide. (Associated Press)
** FILE ** The Swiss bank UBS in Zurich (AP Photo)
** FILE ** Kweku Adoboli arrives for a hearing in City of London Magistrates' Court in London on Thursday, Sept. 22, 2011. He is accused of fraud and two charges of false accounting over three years at Swiss banking giant UBS. (AP Photo/Sang Tan, File)
"If someone acts with criminal energy, then you can't do anything," says Oswald Gruebel, CEO of Swiss bank UBS. (Associated Press)
Alleged renegade UBS trader Kweku Adoboli (center) walks Sept. 16, 2011, to a security van flanked by police officers after appearing at the City of London Magistrates Court in London. (Associated Press)
A man walks past the main entrance for offices of the Swiss bank UBS in the City of London on Oct. 3, 2008. UBS said Monday, Jan. 17, 2011, it is revising its dress code after getting roundly mocked for suggesting employees wear skin-colored underwear and avoid garlic breath. (AP Photo/Matt Dunham, File)
