- Reuters•21 minutes ago
Swiss bank UBS (UBSG.S) said Hong Kong's securities regulator is investigating its role as sponsor of certain unnamed stock market listings in the city, with the intention to start unspecified action against the bank and some of its employees. The disclosure by UBS, released with its third-quarter financial results, made it the first major bank to say it was being probed since Hong Kong's Securities and Futures Commission (SFC) introduced tougher rules for listing sponsors. The SFC's scope for action means UBS could face financial penalties, and may even be stripped of its ability to provide corporate finance advisory services in Hong Kong for a period of time.
- Financial Times•26 minutes ago
UBS faces an investigation by Hong Kong regulators into its role sponsoring company stock market listings which could result in the Swiss bank being banned temporarily from providing corporate finance ...
UBS Group AG (UBS)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||14.20 x 1800|
|Ask||14.23 x 6500|
|Day's Range||13.90 - 14.10|
|52wk Range||11.93 - 20.44|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||11.17|
|Avg Vol (3m)||1,847,210|
|Dividend & Yield||0.88 (6.36%)|