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Stock Market & Financial Investment News

News Breaks
February 13, 2014
05:55 EDTUBSYellen's husband on board of a UBS-funded academic center, WSJ reports
Fed Chairwoman Janet Yellen's husband, George Akerlof, is on the board of the UBS International Center of Economics in Society, an academic center funded by UBS, which will come under closer oversight by the Fed, reports the Wall Street Journal. A Fed spokeswoman said the unpaid board membership should be considered a relationship between Mr. Akerlof and the University of Zurich, not with UBS.Reference Link
News For UBS From The Last 14 Days
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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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