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Stock Market & Financial Investment News

News Breaks
June 13, 2014
06:43 EDTUBSFirm: UBS may pay $8B fine for currency market improprieties, Reuters says
UBS may have to pay $8B in fines and settlements related to its alleged collusion and manipulation in currency markets, an independent research firm warned, according to Reuters. Reference Link
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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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