Lucerne, Switzerland (GenevaLunch) – The UBS Extraordinary Meeting in Lucerne Thursday to seek shareholder approval of the federal government’s bailout plan succeeded, with 2,400 shareholders present.
The meeting was marked by some angry shareholders speaking out about their losses and the bank noting that it has found some cases of tax fraud under both US and Swiss law.
Related stories: Financial Times, Reuters, RSR (Fre)
Posted by Ellen Wallace on 27 November 2008 at 20:31 | permalink
This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 27 November 2008.
Filed under: Uncategorized
Tags: shareholders, Swiss banking, Swiss banks, UBS
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