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home / articles / what s going on with banking giant ubs stock today b mwn benzinga

UBS - What's Going On With Banking Giant UBS Stock Today? | Benzinga

UBS Group AG Registered

UBS Group AG (NYSE:UBS) disclosed that additional tier 1 (AT1) bonds worth ~$5 billion have been made available for equity conversion following a decision by shareholders last month.

UBS said, “As a result, as from such date, these instruments are subject to equity conversion (and no longer subject to write-down) upon the occurrence of a trigger event or a viability event.” 

The Swiss bank said ...

Full story available on Benzinga.com
Stock Information
Company Name: UBS Group AG Registered
Stock Symbol: UBS
Market: NYSE
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