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Stock Market & Financial Investment News

News Breaks
January 19, 2014
18:36 EDTUBSUBS to outsource fixed income trading platform, Reuters says
In an attempt to save costs, UBS will begin outsourcing its fixed income trading platform to two technology groups, says Reuters. Reference Link
News For UBS From The Last 14 Days
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September 4, 2015
05:40 EDTUBSUBS working on prototype virtual coin for mainstream banking, WSJ reports
UBS is working on a prototype virtual currency it hopes will be used by banks and financial institutions to settle mainstream financial markets transactions, reports the Wall Street Journal. UBS proposed the "utility settlement coin," and it would be linked to real-world currencies and central bank accounts. Reference Link
September 3, 2015
09:11 EDTUBSEurope has to wait at least five years before bank consolidation, Reuters says
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September 1, 2015
19:36 EDTUBSUBS settles lawsuit related to sale of risky securities, BI says
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August 31, 2015
06:10 EDTUBSBanks lobby EU over privacy rules overhaul, FT reports
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August 27, 2015
18:02 EDTUBSU.S. may prohibit Deutsche Bank, others from managing pensions, Bloomberg says
In correspondence dated mid-July, the U.S. Labor Department tentatively rejected requests from Deutsche Bank (DB), UBS (UBS), RBS (RBS) to manage U.S. pension funds, reports Bloomberg, citing letters between the organizations. Bloomberg notes that the Department could use the "threat of denial" to mandate stricter conditions on pension management. Reference Link
06:23 EDTUBSGoldman hiring 'several hundred' employees for Warsaw units, Reuters reports
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