UBS terminates loss protection agreement with Swiss government
ZURICH UBS will not need to tap the Swiss government's 9 billion Swiss franc ($10.27 billion) backstop agreed
2023-08-11 13:28
WeWork says it has 'substantial doubt' about its ability to stay in business
"Substantial doubt exists" about WeWork's ability to continue to stay in business, due to the company's losses, projected cash needs, and increased member turnover, according to the company's second quarter earnings release.
2023-08-09 05:57
UBS Names Heads From Credit Suisse for Asia Global Banking Team
UBS Group AG reshuffled its Asia global banking division, appointing some senior Credit Suisse Group veterans to help
2023-08-08 09:15
UBS rejigs investment bank in bid to better compete with Wall Street
LONDON UBS announced an overhaul of its investment banking division on Monday, including naming the unit's M&A chiefs,
2023-08-07 22:47
UBS to Cut Two-Thirds of Credit Suisse Asia Investment Bankers
UBS Group AG is weighing a plan to cut about two-thirds of Credit Suisse Group’s investment bankers in
2023-08-07 17:49
Exclusive-Credit Suisse Hong Kong investing banking job cuts, targeting 80%, start this week -sources
By Selena Li HONG KONG (Reuters) -Around 80% of Hong Kong-based investment banking staff at Credit Suisse will be laid
2023-08-07 13:45
UBS Set to Shake Up Investment Banking Management: Reuters
UBS Group AG is set to make management changes to its investment banking division as soon as Monday,
2023-08-05 08:28
Exclusive-UBS nears major investment bank restructuring -sources
By Abigail Summerville, Milana Vinn and David Carnevali NEW YORK UBS Group AG is poised to make sweeping
2023-08-05 07:45
AT1s Deliver Big Returns to Traders Braving Credit Suisse Rout
In the days after Credit Suisse Group AG’s AT1s were wiped out, speculation was rife that the market
2023-08-04 15:53
Credit Suisse Collapsed, And Switzerland Went Back to Making Money
In 2022 it was “Schwinger,” or traditional Swiss wrestlers, that were the star attraction. This year it was
2023-08-04 07:15
Credit Suisse to Shutter Houston Office as Part of UBS Takeover
Credit Suisse Group AG is closing its office in Houston as part of the bank’s emergency takeover by
2023-08-02 07:59
Asset Managers Pledging Climate Action Drop Ball When Investing
Despite commitments to sustainability, BlackRock Inc., Vanguard Group Inc. and Goldman Sachs Group Inc. are among the asset
2023-08-01 21:21