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UBS Settles Mutual Funds Pricing Violation Charges

UBS Fractured

Washington, D.C. – The Securities and Exchange Commission has charged an investment advisory arm of UBS with failing to properly price securities in three mutual funds that it managed, resulting in a misstatement to investors of the net asset values (NAVs) of those funds.

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Deutsche Bank - Foyer Bridge

Deutsche Bank does big IT deal

Deutsche Bank and Hewlett-Packard have announced a ten-year, multibillion dollar agreement that will further modernise the Bank’s global information technology environment and aims to significantly reduce related IT infrastructure costs.