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Stock Market & Financial Investment News

News Breaks
June 1, 2013
15:20 EDTUBSFrench UBS unit put under formal investigation, WSJ says
French officials put the French unit of UBS under formal investigation as part of an investigation into whether UBS aided wealth clients to avoid taxes, the Wall Street Journal says. 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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