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ETRACS Alerian MLP Index ETN Class B ( (AMUB) ) has issued an announcement.
UBS AG, a prominent global financial services firm, 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 a total of EUR835 million, comprising a EUR730 million fine and EUR105 million in civil damages to the French State. This resolution follows the French Supreme Court’s 2023 confirmation of UBS’s guilt in unlawful client solicitation and aggravated money laundering, with the financial penalties and damages reassessed by a lower court. UBS’s decision to settle aligns with its strategy to address legacy issues in the best interest of stakeholders, and the company has already provisioned for this matter.
More about ETRACS Alerian MLP Index ETN Class B
Average Trading Volume: 5,647
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