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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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September 11, 2014
07:24 EDTUBSUBS to hold a conference
Global Paper & Forest Products Conference to be held in New York on September 11 with webcasted company presentations to begin at 8:30 am; not all company presentations may be webcasted. Webcast Link
September 5, 2014
07:18 EDTUBSRegulators drafting flexible 'bail in' bond deal for large banks, Reuters says
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06:22 EDTUBSUBS, Barclays postpone hiring due to stricter background checks, Bloomberg says
UBS (UBS) and Barclays (BCS) have decreased their job opportunities and postponed start dates in response to some banks strengthening background examinations, after past offenses increased the need for more investigative research on the behavior of individuals, according to Bloomberg, citing three people with knowledge of the situation. Reference Link

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