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Stock Market & Financial Investment News

News Breaks
July 24, 2014
06:41 EDTUBSFrance initiates formal probe of UBS, NY Times says
French authorities are formally investigating UBS, which faces charges of tax fraud and money laundering for helping clients evade taxes , an official in the Paris prosecutor's office told The New York Times. The bank has been ordered to post bail of about $1.5B, The Times stated The launch of a formal investigation indicates that prosecutors believe criminal charges may be lodged, but the bank may never be charged, the newspaper explained. Reference Link
News For UBS From The Last 14 Days
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April 17, 2015
07:50 EDTUBSUBS plans to add up to 350 compliance staff over three years, Reuters reports
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06:04 EDTUBSUBS launches review of Australian wealth-mangement unit, WSJ reports
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April 16, 2015
07:49 EDTUBSActivist calls on UBS to spin or merge investment bank, Reuters reports
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April 15, 2015
06:41 EDTUBSECB authorizes new emergency funding for Greek banks, Reuters reports
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