UBS appeals verdict of French Court

Today, UBS AG has filed an appeal with the French Supreme Court regarding the decision of the Court of Appeal, including a fine of EUR 3.75m, the confiscation of EUR 1bn, and civil damages of EUR 800m. The notice of appeal was filed within the statutory five-day notice period to preserve UBS AG’s rights. This enables UBS AG to thoroughly assess the verdict of the Court of Appeal and to determine next steps in the best interest of its stakeholders.

UBS Group AG and UBS AG