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Stock Market & Financial Investment News

News Breaks
May 7, 2014
07:00 EDTUBSCourt rejects UBS shareholder mortgage losses, tax probe appeals, Reuters says
A federal appeals court in New York rejected appeals by UBS shareholders aiming to hold the firm responsible for their losses for having hidden its exposure to risk mortgage-backed securities and for helping clients avoid U.S. taxes, reported Reuters. Reference Link
News For UBS From The Last 14 Days
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October 20, 2014
07:21 EDTUBSFederal Reserve Bank of New York and Boston to hold a workshop
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October 19, 2014
14:03 EDTUBSUBS stays with risky Puerto Rico bond fund recommendations, Reuters says
Despite numerous arbitration claims by investors who cite Puerto Rico closed-end bond funds for losses, UBS has told brokers that they may continue to recommend the funds, says Reuters. Reference Link
October 16, 2014
08:42 EDTUBSUBS, DOJ in talks for forex rigging settlement, FT reports
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06:50 EDTUBSEuropean regulator rejects bonus loophole, NY Times says
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October 15, 2014
07:27 EDTUBSJPMorgan, HSBC fire traders linked to forex probe, WSJ reports
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October 10, 2014
09:13 EDTUBSEBA says EU stress test results to be published October 26
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October 8, 2014
07:36 EDTUBSPeterson Institute for International Economics to hold a discussion
Board of Directors Chairman of UBS AG, Axel Weber, discusses whether the global economy can heal and if inflation will make a comeback in 2015 in a webcast being held on October 8 at 12:15 pm. Webcast Link
October 7, 2014
06:51 EDTUBSJustice Department set to attack more large banks by year end, NY Times says
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06:40 EDTUBSUBS French division aims to restructure asset management unit, Reuters says
The French division of UBS is aiming to reorganize its asset management unit and is in discussion with unions regarding potential staff reductions, as the bank looks to concentrate on private banking, according to Reuters, citing a spokeswoman for UBS France. Reference Link

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