14.04.2010

14.04.2010: UBS Annual General Meeting
At the Annual General Meeting on April 14, 2010, UBS shareholders voted by 52.75% not to discharge members of the BoD and GEB for the year 2007. Some Shareholders criticized the BoD's decision not to take legal action against former UBS top managers. UBS Chairman Kaspar Villiger said, the BoD would not reconsider its decision. However, he announced that UBS would analyze in detail the report by the control committee of the Swiss National Council and the Council of States about the financial crisis and the hand-over of UBS client data to the US and the relevant recommendations relating to UBS. He also announced that UBS would make its conclusions public.