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ETRACS Alerian MLP Index ETN Class B ( (AMUB) ) just unveiled an update.
UBS AG, a prominent financial services company, has resolved a longstanding legal issue related to its cross-border business activities in France from 2004 to 2012. On September 23, 2025, UBS announced it would pay EUR 835 million, comprising a EUR 730 million fine and EUR 105 million in civil damages, to settle the matter. This resolution follows a 2023 French Supreme Court decision affirming UBS’s guilt in unlawful client solicitation and aggravated money laundering, with the financial penalties reassessed by a lower court. The settlement aligns with UBS’s strategy to address legacy issues for the benefit of its stakeholders, and the company has made full financial provisions for this outcome.
More about ETRACS Alerian MLP Index ETN Class B
Average Trading Volume: 5,647
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