Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: January 27, 2004

For immediate release

The Federal Reserve Board on Tuesday announced its approval of the notice under section 4 of the Bank Holding Company Act by UBS AG, Zurich, Switzerland, to engage in physical commodity trading activities on a limited basis as an activity that is complementary to the financial activity of engaging regularly as principal in commodity derivatives.

Attached is the Board's Order relating to this action.

Attachment (42 KB PDF)

2004 Orders on banking applications

Home | News and events
Last update: January 27, 2004