Tags: UBS AG

UBS AG France is under investigation for its bank practices. (Photo : Reuters)The image is the UBS sign on its corporate headquarters. The French unit of UBS AG has been placed under formal inquiry as part of an investigation started in 2012 over the practices conducted by the bank in France, according to a spokesperson.

UBS, in line with its austerity measures, is decreasing its office space in UBS building, Manhattan.