UBS may not pay dividends as capital rules tighten

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Source: Bloomberg
UBS AG, the largest bank in Switzerland, will most likely have problems with paying dividends to its shareholders, as country's regulators ask banks to increase capital with leverage rules tightening. It makes UBS shares less attractive, as its dividend yield of 1.3% is less than competitors' ones. Yesterday, UBS AG shares lost 1.16% to 16.17 francs per share in Zurich.
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Wed, 18 Dec 2013 09:37:07 GMT

Australia's shares fall as large investors leave

Australian equities dropped on Wednesday trading session and were set to record their worst quarter in comparison to global shares in a two-year period after manufacturers from General Motors Co. and Ford Motor Co. exit the country and as consumer confidence index fell. The S&P/ASX 200 Index slipped 2.2% from September through yesterday, while the MSCI Emerging Market Index rose

Wed, 18 Dec 2013 09:15:06 GMT

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