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Stock Market & Financial Investment News

News Breaks
July 29, 2014
05:23 EDTUBSUBS reports Q2 net income CHF 792M vs. CHF 690M last year
Reports fully applied Basel III common equity tier 1 ratio 13.5%. UBS said it resolved its cross-border tax matter in Germany with the authorities in Bochum in July. The settlement, which includes a payment of approximately EUR 300M, concludes the Bochum proceedings. UBS booked provisions of approximately CHF 120M relating to this matter in Q2. It stated, "As a result of significant efforts by the bank, over 95% of its German clients have either provided UBS with evidence of tax compliance or completed the voluntary compliance program. UBS continues to target 100% by year-end."
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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