Market Chatter: UBS Nears Settlement With Whistleblowing Bond Analyst

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UBS (UBS) is nearing a deal to settle with whistleblower Trevor Murray, a former bond analyst who alleged that the bank fired him in 2012 for refusing to publish misleading research, Reuters reported Thursday, citing a court filing.

The Swiss bank and the analyst anticipate a final settlement within 30 days, Reuters reported.

UBS did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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