On Wednesday, European Union antitrust officials penalized 8 major international banks, accusing them of manipulation of benchmark interest rates. The total penalty amount summed to $2.3 billion (???1.7 billion).
Shares of Facebook were under some pressure after the social network wasn't added to the S&P 500.
EU announces fines against Deutsche Bank, RBS, JPMorgan Chase, Citigroup, and others for their role in manipulating LIBOR.
TheStreet highlights 4 stocks pushing the banking industry higher today.
It's time for investors to be 'more selective' with bank stocks picks, according to Goldman Sachs analyst Richard Ramsden.
In an attempt to reduce interest expenses, Swiss bank UBS AG announced its intention to repurchase bonds worth CHF 2.15 billion ($2.37 billion).
Banking giant UBS AG is restructuring its investment bank in the wake of an investigation into potential manipulation of currency markets, according to a published report.
TheStreet highlights 5 stocks pushing the financial sector higher today.
Following regulatory probe into major banks of the UK, the U.S., the European Union and Switzerland relating to the manipulation of foreign-exchange markets, UBS AG announced the restructuring of its foreign exchange business.
On Friday, UBS AG successfully penned an immunity deal with European Union antitrust authorities, Wall Street Journal reported.
Newcastle Investment disclosed the pricing of common stock to fund a part of its recently announced $1 billion senior housing assets buyout.
Trade-Ideas LLC identified UBS (UBS) as a pre-market mover with heavy volume candidate
Best Buy's warning for an increasingly promotional holiday environment raised concerns about fourth quarter margins.