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Stock Market & Financial Investment News

News Breaks
May 27, 2012
17:19 EDTUBSUBS could lose some European assets from stricter taxing Reuters says
Due to pressure to become stricter with untaxed accounts, UBS (UBS) could see up 10% its European assets moved out, says Reuters, citing an interview in a newspaper with one of its executives. Reference Link
News For UBS From The Last 14 Days
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August 28, 2014
06:35 EDTUBSEuro zone credit crunch showing signs of improving, Reuters says
Loans to the private sector by euro zone banks dropped 1.6% in July versus the same period a year earlier, compared with a year-over-year decline of 1.8% in June, according to Reuters. Meanwhile, the bloc's M3 money supply increased at a 1.8% annual rate in July, versus 1.6% in June, the news service added. The upturn in the data comes after the European Central Bank started charging banks in June to keep their deposits overnight, Reuters added. Publicly traded euro zone banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link

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