All posts tagged "UBS"

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  Bond insurer MBIA sues Wall Street banks for ‘misconduct’ as Puerto Rico debt underwriters

  Among those sued are UBS, Citigroup, Goldman Sachs, J.P. Morgan, Morgan Stanley, Merrill Lynch and Santander

  • Posted August 8, 2019
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  SEC announces $26 million settlement fund for certain UBS Puerto Rico investors

  Investors 'harmed' in relation to 23 non-exchange-traded, closed-end funds may file claims 

  • Posted March 22, 2019
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  Hearing set for Puerto Rico’s Employees Retirement System case

  ERS bondholders are asking Judge Swain to lift the stay and grant them 'adequate protection' over potential loss of government contributions that secure payment of their bonds

  • Posted June 8, 2017
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  FINRA Arbitration Verdict: UBS to pay $18 million

  SAN JUAN – UBS Financial Services Inc. and UBS Financial Services Inc. of Puerto Rico were slammed with an $18 million FINRA arbitration verdict (Case No. 14-02464) released Monday, according to the Sonn and Erez PLC. The...

  • Posted December 5, 2016
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  Investment funds sue Puerto Rico for payment of bonds

  Seek relief from Promesa stay

  • Posted September 26, 2016
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  US Senators Call for Investigation into Firms’ Role in Puerto Rico Debt Crisis

  Massachusetts’ regulators already opened probe into various mutual funds

  • Posted June 14, 2016
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  Finra Dismisses Aeela’s $70-Million Claim Against UBS

  Aeela argued that the losses were caused by poor advice provided by UBS in managing the organization’s investment portfolio

  • Posted May 23, 2016
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  Belgium Charges Swiss Bank UBS With Organizing Tax Evasion

  BRUSSELS – A Belgian judge charged Swiss bank UBS on Friday with money laundering and “serious and organized tax evasion,” saying it directly sought clients in the country to help them skip taxes. The spokeswoman for the...

  • Posted February 26, 2016
• UBS Ordered to Pay $1.45M to Puerto Rico Investor in Bond Case

  SAN JUAN – According to a Thursday night ruling by a Financial Industry Regulatory Authority (FINRA) arbitration panel in San Juan, UBS Financial Services and UBS Financial Services of Puerto Rico must pay at least $1.45 million...

  • Posted February 19, 2016
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• 6 Brokers Cleared of Market Rate-Rigging in UK

  LONDON – A British court on Thursday cleared six brokers of trying to fix the benchmark interest rate known as Libor, the London interbank offered rate. The six men had been accused of helping convicted banker Tom...

  • Posted January 28, 2016
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