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Report - UBS bans employees from France

French Flags

UBS has banned some of its employees from entering France, where the bank is subject to an investigation, Swiss radio and television RTS said on its website on Thursday, quoting unnamed sources.

'Bond King' no more ? Investors flee Pimco fund

Exit Sign

The flight from the Pimco Total Return Fund continued apace in April with investors withdrawing another $3.1 billion, the 12th straight month of outflows from the world's largest bond fund, run by Bill Gross.

System isn't 'rigged' - Bloomberg defends HFT

Michael Lewis - Flash Boys

Michael Bloomberg, whose business empire brought transparency to the market, has nothing against high-frequency trading and black pools, telling CNBC's " Squawk Box " "the system isn't rigged."