(Updated with closing prices throughout)
Financial stocks ended mixed Monday, as UBS (UBS Quote) reportedly neared a settlement for a tax-related dispute with the U.S. government.
UBS may be forking over between 3 billion to 5 billion francs ($2.77 billion to $4.62 billion) to settle the tax dispute in the next two weeks, according to published reports by Swiss outlets Sonntag and NZZ am Sonntag.
The federal government is suing UBS for the names of some 52,000 U.S. citizens who are alleged to have hidden nearly $15 billion in assets from the Internal Revenue Service. UBS shares, which opened in negative territory, were climbed 6 cents, or 0.5%, to finish at $12.36. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,408.17 | 1,106.50 | 2,195.82 | 34.70 |
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