Plus   Neg

UBS To Nominate Jeanette Wong, William Dudley To Board At AGM On May 2

Swiss banking giant UBS Group AG (UBS) on Monday published agenda for its Annual General Meeting scheduled at the St. Jakobshalle, Basel, on May 2.

The Board of Directors will nominate Jeanette Wong and William Dudley for election to the Board at the AGM. Ann Godbehere and Michel Demaré will not stand for re-election after 10 years of Board membership.

As announced earlier, UBS' Board intends to propose to shareholders an ordinary dividend of 0.70 Swiss francs per share for the financial year 2018, an increase of 8% compared with the previous year.

The agenda for the meeting also includes approval of fiscal 2018 results, Compensation Report 2018 and election of the members of the Compensation Committee.

The Compensation Committee would include Julie Richardson, Dieter Wemmer, Reto Francioni and Fred Hu.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Department of Justice has reached a settlement agreement with a Texas-based Taco Bell franchise owner for immigration-related discrimination against certain employees. The settlement resolves the DOJ's investigation into whether MUY Brands LLC, and a related management company, MUY Consulting Inc., violated the Immigration and Nationality Act. Starbucks is gearing up for the upcoming holiday season by introducing its 2019 holiday flavors in U.S. grocery stores. The launch of the coffee giant's holiday line-up this year includes returning holiday favorites as well as a new item. Customers can now take home products that are making a comeback such as Starbucks Holiday Blend K-Cup and Ground Coffee, Peppermint Mocha Flavored Ground Coffee, Peekay International issued a recall of 7 ounce and 14 ounce packs containing Keshav Dry Apricot food treats as they contain undeclared allergens such as sulfites, according to a statement published by The U.S. Food and Drug Administration. Consumption of the product by those allergic or having severe sensitivity to sulfites could run the risk of serious or life-threatening allergic reactions.
Follow RTT