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Stock Market & Financial Investment News

News Breaks
March 17, 2014
06:46 EDTUBSUBS aims for new China property fund amid government curbs, Bloomberg says
UBS is raising a second fund that will invest in Chinese residential properties to meet demand that remains “extremely strong" despite government curbs that are lowering returns, according to Bloomberg, citing Trevor Cooke who heads global real estate for Asia Pacific at UBS Global Asset Management in Australia. 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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