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Stock Market & Financial Investment News

News Breaks
March 15, 2013
07:51 EDTUBSUBS to be under fire again for executive pay, FT says
The Swiss public is likely to be outraged by the bonuses paid by UBS (UBS) to its executives, particularly to the new head of its investment bank, Andrea Orcel, according to Financial Times, citing Swiss analysts. Reference Link
News For UBS From The Last 14 Days
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April 20, 2015
19:32 EDTUBSU.S. pressures JPMorgan, Citi, others to settle forex case by mid-May, FT says
The U.S. Department of Justice is pressuring JPMorgan (JPM), Barclays (BCS), Citi (C), Royal Bank of Scotland (RBS), and UBS (UBS) to reach a settlement by mid-May regarding alleged foreign exchange manipulation, reports the Financial Times, citing people familiar with the situation. The Financial Times notes that the settlement could see some of the banks paying roughly $1B. Sources say that the Department is demanding guilty pleas from "most" of the banks. Reference Link
April 17, 2015
07:50 EDTUBSUBS plans to add up to 350 compliance staff over three years, Reuters reports
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06:04 EDTUBSUBS launches review of Australian wealth-mangement unit, WSJ reports
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April 16, 2015
07:49 EDTUBSActivist calls on UBS to spin or merge investment bank, Reuters reports
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April 15, 2015
06:41 EDTUBSECB authorizes new emergency funding for Greek banks, Reuters reports
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