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Swiss bank

Four bankers who helped Putin’s friend set up Swiss bank account convicted

ZURICH: Four bankers who helped a close friend of Vladimir Putin move millions of francs through Swiss bank accounts...

Published 30 Mar, 2023 02:11pm

Markets

Banks boost European stocks as UBS climbs after naming of CEO

PARIS: European shares rose on Wednesday supported by gains in banking stocks, including UBS, which rose after ...

Published 30 Mar, 2023 06:35am

Business & Finance

UBS agrees to buy Credit Suisse as global regulators assure markets

UBS will buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) and assume up to $5.4 billion...

Updated 20 Mar, 2023 01:45am

Business & Finance

UBS close to finalizing deal for Credit Suisse: source

UBS is close to finalizing a deal to buy rival Swiss bank Credit Suisse, a source familiar with the matter told...

Published 19 Mar, 2023 11:10pm

Markets

Most Gulf markets turn south as Credit Suisse woes roil markets

DUBAI: Most stock markets in the Gulf gave up early gains to end lower on Wednesday, tracking a decline in global...

Published 16 Mar, 2023 06:01am

Business & Finance

Dollar gains in safe-haven buying

NEW YORK: The dollar rose on Wednesday on safe-haven buying after Credit Suisse’s stock tumbled following the...

Published 16 Mar, 2023 06:01am

Business & Finance

Credit Suisse sheds nearly 25%, key backer says no more money

ZURICH: Credit Suisse lost almost a quarter of its value on Wednesday, dropping to a new record low after its...

Published 15 Mar, 2023 04:59pm

Business & Finance

Credit Suisse obtains key approval to launch wealth business in China

HONG KONG: Credit Suisse has received regulatory green light from China after years of waiting to launch a...

Published 13 Mar, 2023 06:15am

Opinion

Credit Suisse overhaul

Credit Suisse’s recent decision to exit certain investment banking activities is drawing scrutiny from at least ...

Published 12 Nov, 2022 06:36am

Business & Finance

Ex Credit Suisse banker in $86m London appeal after Romanian conviction

LONDON: A former Credit Suisse banker, who was convicted and sentenced to prison in Romania for a decade for alleged...

Published 12 Oct, 2022 05:46am

Markets

UBS seeing positive client flows this quarter

ZURICH: UBS Group is seeing positive flows of client funds this quarter, the co-head of the Swiss bank’s wealth...

Published 20 Sep, 2022 02:27pm

Business & Finance

UBS reveals $200 million exposure to Russia

ZURICH: Swiss bank UBS said Monday it has under $10 million of loans outsanding to clients subjet to sanctions...

Published 07 Mar, 2022 09:09pm

Business & Finance

Credit Suisse tries to aid US block trading probe of rivals

NEW YORK: Credit Suisse Group AG is trying to help the US Department of Justice potentially build a case related to...

Published 26 Feb, 2022 04:37am

Pakistan

Suisse leaks: Fawad says money laundering country’s major issue

ISLAMABAD: Information and Broadcasting Minister Fawad Chaudhry said on Monday corruption and money laundering are...

Published 22 Feb, 2022 04:43am

World

Leaks about Jordanian king's Swiss bank accounts misleading, says palace

AMMAN: Leaks about money held by Jordan's King Abdullah in accounts at Swiss bank Credit Suisse have "inaccurate, ...

Published 21 Feb, 2022 11:04pm

Markets

UBS clients raise $650mn for biggest yet biotech impact fund

ZURICH: UBS's wealthy clients have raised $650 million for the biggest biotechnology impact fund ever, the Swiss ...

Published 06 Oct, 2021 02:42pm

Credit Suisse settles spying case with former star banker

ZURICH: Credit Suisse has reached an out-of-court settlement with former star banker Iqbal Khan over allegations of...

Published 26 Jul, 2021 02:22am

Markets

UBS profit jumps 63% in Q2 as wealth management boom continues

Second-quarter net profit of $2.01 billion, up from $1.23 billion in the same quarter a year ago, far outpaced expectations for $1.34 billion in a poll of 20 analysts compiled by the bank

Published 20 Jul, 2021 11:14am

Business & Finance

Credit Suisse sued over risk exposure to Greensill Capital, Archegos

NEW YORK: A pension fund filed a lawsuit against Credit Suisse Group AG on Friday in a US court, accusing the Swiss...

Updated 18 Apr, 2021 10:30am

Business & Finance

Credit Suisse aims to recoup most Greensill-linked fund assets

Investors in frozen funds to get more cash this month.
Swiss bank aims to recover most of funds' assets.
Shares rebound of slide on risk-management worries.

Published 01 Apr, 2021 08:03pm

Markets

Credit Suisse to exit domestic Austrian wealth management

The transition is expected to begin in the second quarter, the Swiss bank said.

Published 24 Mar, 2021 12:54pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.16
USD PKR Interbank Buying / Nov 21	277.96
USD to Japanese Yen / Nov 21	154.53
USD to Swiss Franc / Nov 21	0.89
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
India Sensex / Nov 21	77,155.79
Tokyo Nikkei / Nov 21	38,026.17
Nasdaq / Nov 21	18,972.42
Hang Seng / Nov 21	19,601.11
FTSE 100 / Nov 21	8,149.27
Dow Jones / Nov 21	43,870.35
Germany DAX 30 / Nov 21	19,146.17

Item	Value
Crude Oil USD/Barrel / Nov 21	70.18
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,669.46
Cotton US¢/pound / Nov 21	70.43
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 22 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 22 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 22 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 22 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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