New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 5, 2013
06:08 EDTUBSUBS reports Q4 net loss CHF 1.89B vs. 323M profit a year ago
Reports BIS tier 1 capital ratio 21.3% vs. 15.9% a year ago and BIS core tier 1 capital ratio 19.0% vs. 14.1% a year ago. UBS said the Q4 loss was primarily due to net charges for provisions for litigation, regulatory and similar matters of CHF 2.08B as well as net restructuring charges of CHF 258M and an own credit loss on financial liabilities designated at fair value of CHF 414M.
News For UBS From The Last 14 Days
Check below for free stories on UBS the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 7, 2014
13:08 EDTUBSPanel rules UBS unit to pay $5.4M to ex-broker, Reuters says
A Financial Industry Regulation Authority arbitration panel ruled that a unit of UBS has to pay $5.4M to an ex-broker to settle a dispute which stemmed from the sale of Lehman structured notes to his clients, reported Reuters. Reference Link
06:58 EDTUBSDark markets could cause more harm than high-frequency trading, Reuters says
After a book by financial author Michael Lewis sparked worries that high-speed traders have been rigging the U.S. stock market, former regulators and academics say a more serious threat to investors could be the increasing amount of trading that happens outside of exchanges, reported Reuters. Top internalizers include units of KCG Holdings (KCG), Citadel, UBS (UBS), and Citigroup (C). Dark pool operators include Credit Suisse (CS) and Morgan Stanley (MS). In an attempt to earn back some of the retail orders, exchanges such as IntercontinentalExchange Group's (ICE) New York Stock Exchange, Nasdaq (NDAQ), and BATS Global Markets, have allowed brokerages to place dark pool-style orders on their platforms, with the trade hidden until after it is executed. Reference Link
April 4, 2014
07:30 EDTUBSUBS battles proposal to move Puerto Rico bond fund cases, Reuters says
A unit of UBS is fighting a plan that would allow hundreds of investors who lost money in closed-end Puerto Rico bond funds to arbitrate their claims against the firm on the U.S. mainland, according to Reuters, citing people familiar with the matter. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use