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UBS ordered to pay $4.8 million over Puerto Rican bond sales The wirehouse disputes the damages and asserts the case is not indicative of how other arbitration panels may rule on the investment products. May 14, 2021 2 MINS Finra arbitrators ordered UBS Financial Services Inc. to pay $4.8 million to investors who lost money on Puerto Rican bonds. A three-person Financial Industry Regulatory Authority Inc. arbitration panel found UBS and UBS Financial Services Inc. of Puerto Rico liable for breach of fiduciary duty, breach of contract and rescission related to the sale of Puerto Rican bonds to the claimants, Eugenia Fidalgo Gutierrez, Mercedes Fidalgo Gutierrez and Fidalgo Gutierrez Holding Corp. ....
The authorities of Benin Republic, Tuesday, dispatched a delegation to hunt President Muhammadu Buhari’s intervention for Nigeria to assist the nation produce rice. The goal was to cease smuggling and rice importation within the two international locations. The Benin Republic delegation met with the Chief of Workers to the President, Prof. Ibrahim Gambari on the presidential villa, Abuja. The Benenois delegation, who was led by the nation’s minister of agriculture, Gaston Cossi Dossouhoui, was led to the villa by Governor Atiku Bagudu of Kebbi State and the Minister of Finance, Funds and Nationwide Planning, Mrs. Zainab Ahmed. Talking to State Home correspondents after the assembly, Bagudu, who’s Chairman of the Progressive Governors’ Discussion board, defined that the delegation and Rice Farmers Affiliation of Nigeria met with the (CoS) to advance ongoing talks between the 2 international locations on methods to replicate Nigeria’s rice farming programme in ....