UBS Hints CEO Ermotti Could Stay After Credit Suisse IntegrationAustralian Lithium Producer to Sell Online in Transparency PushA Swiss Watchmaker With Deep Ties to India Is Back From the Dead—AgainUBS Cuts Bonus 2023 Pool by 14% After Deal, Trading SlowdownMacron’s Government Plans Politically Risky Welfare CutsSchwarzman Bullish on Private Credit, Citing 0.
2 City Hit by Guided Bomb as Russia Widens StrikesDalio Says China Must Fix Debt Problems or Face ‘Lost Decade’Bolsonaro Tells Brazil’s Top Court He Didn’t Seek Asylum With HungaryDC’s NBA, NHL Teams Won’t Move to Virginia After Talks Break DownMacron Urges Brazilian Companies to ‘Believe More’ in FranceSeoul Bus Drivers Strike for First Time in 12 Years for Pay HikeAsia Stocks Poised to Open Higher on US Tailwinds: Markets WrapYellen Warns China's Industry Ramp-Up Is Distorting World...
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UBS Powers Past $100 Billion One Year After Credit Suisse ShockOn the first anniversary of UBS Group AG’s historic takeover of its former rival Credit Suisse, it’s becoming clear just how advantageous the deal has been for the bank. It has pushed its market capitalization past $100 billion to the highest level in almost 16 years and cemented its leading role in global wealth management.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
UBS to Shut Thousands of Smaller Credit Suisse Accounts in AsiaUBS Group AG is planning to shut smaller-value Credit Suisse accounts numbering in the low thousands at its Asia Pacific wealth management arm to exit relationships with poor returns, according to people familiar with the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
UBS, Apollo Agree to Change Deal Terms for Credit Suisse’s SPGUBS Group AG agreed to sell $8 billion in unwanted assets to Apollo Global Management Inc. as part of the carve-out of Credit Suisse’s securitized products group, after renegotiating key parts of the accord.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Credit Suisse Fund Lost 22% for Investors Amid Global Real Estate ShockCredit Suisse’s flagship real estate fund incurred deep losses for its investors last year as it got buffeted by the crisis in global real estate markets.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
B.C.’s unemployment drops, but opposition fears loss of private-sector jobsCredit rating agency raises concerns about B.C.’s financial trajectory, but maintains AA credit rating.
Source: TerraceStandard - 🏆 24. / 68 Read more »
SNB Says Review of UBS Capital Needed Due to Increased ScaleSwiss regulators should re-examine the capital requirements placed on UBS Group AG in the light of its increased size following the takeover of Credit Suisse, the Swiss National Bank said.
Source: BNNBloomberg - 🏆 83. / 50 Read more »