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Stock Market & Financial Investment News

News Breaks
May 6, 2014
07:58 EDTUBSUBS sees supplementary capital return of at least CHF 0.25 per share
UBS said it intends to establish a group holding company through a share for share exchange offer, which will commence later this year, subject to regulatory approvals. UBS anticipates that the measures to improve resolvability will allow the firm to qualify for a capital rebate under the Swiss "too-big-to-fail" requirements. This rebate would result in lower overall capital requirements for UBS. Following completion of the transaction, UBS expects to propose a supplementary capital return of at least CHF 0.25 per share to shareholders of the new group holding company.
News For UBS From The Last 14 Days
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December 16, 2014
17:11 EDTUBSGIC Private reports 7.07% passive stake in UBS
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December 11, 2014
13:40 EDTUBSEuro zone banks accepted $160B in low interest loans, NY Times says
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