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Stock Market & Financial Investment News

News Breaks
March 26, 2013
06:27 EDTUBSUBS sued by Kuwaiti sheik over $20M fee, WSJ reports
Kuwaiti Sheik Meshal Jarah Al Sabah alleges that a senior executive at UBS (UBS) offered $20M to get the bank an advisory role to derail a bid by Vivendi for Zain assets, reports the Wall Street Journal. The company eventually backed out of the deal and has now denied the allegations, but Sheik Meshal has sued the company because he had not received a payment. Reference Link
News For UBS From The Last 14 Days
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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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