Trends - Swiss bank - Business Recorder

Swiss bank

Billionaires’ wealth more than doubles in 10 years: UBS

ZURICH: Billionaires have seen their combined wealth shoot up 121 percent over the past decade to $14 trillion,...

Published 05 Dec, 2024 09:27pm

World

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 / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
USD to Japanese Yen / Dec 30	156.45
USD to Swiss Franc / Dec 30	0.90
Pound Sterling to USD / Dec 30	1.26
Euro to USD / Dec 30	1.04

Stock	Volume
S&P 500 / Dec 30	5,906.94
India Sensex / Dec 30	78,248.13
Tokyo Nikkei / Dec 30	39,894.54
Nasdaq / Dec 30	19,486.79
Hang Seng / Dec 30	20,111.38
FTSE 100 / Dec 30	8,121.01
Dow Jones / Dec 30	42,573.73
Germany DAX 30 / Dec 30	19,909.14

Item	Value
Crude Oil USD/Barrel / Dec 30	71.36
Karachi Cotton PKR/37.32 KG / Dec 30	17,785
Gold 10 Grams PKR / Dec 30	241,430.80
Gold Spot USD/Ounce / Dec 30	2,604.69
Cotton US¢/pound / Dec 30	68.76
Petrol/Litre / Dec 31	252.10

Gainers
Losers
Leaders

Stock	Price
Hira Textile / Dec 31 Hira Textile Mills Limited(HIRAT)	3.82 ▲ 0.52 (15.76%)
Gulshan Sp. / Dec 31 Gulshan Spinning Mills Limited(GSPM)	4.63 ▲ 0.63 (15.75%)
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	9.38 ▲ 1.00 (11.93%)
Gulistan Sp. / Dec 31 Gulistan Spinning Mills Limited(GUSM)	9.54 ▲ 0.92 (10.67%)
LSE Financial Serv. / Dec 31 LSE Financial Services Limited(LSEFSL)	15.70 ▲ 1.43 (10.02%)
Chakwal Spinning / Dec 31 Chakwal Spinning Mills Limited(CWSM)	64.67 ▲ 5.88 (10.00%)
Ellcot Spinning / Dec 31 Ellcot Spinning Mills Limited(ELSM)	114.40 ▲ 10.40 (10.00%)
Liven Pharma / Dec 31 Liven Pharma Limited(LIVEN)	150.54 ▲ 13.69 (10.00%)
Pak Paper Prod / Dec 31 Pakistan Paper Products Limited(PPP)	149.90 ▲ 13.63 (10.00%)

Stock	Price
Khairpur Sug. / Dec 31 Khairpur Sugar Mills Limited(KPUS)	203.81 ▼ -22.65 (-10.00%)
Zephyr Textile / Dec 31 Zephyr Textiles Limited(ZTL)	10.55 ▼ -0.96 (-8.34%)
Jubilee Spinning / Dec 31 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.55 ▼ -0.95 (-8.26%)
Gammon Pak / Dec 31 Gammon Pakistan Limited(GAMON)	47 ▼ -3.65 (-7.21%)
Asia Ins. / Dec 31 Asia Insurance Company Limited(ASIC)	13 ▼ -0.99 (-7.08%)
Philip Morris Pak. / Dec 31 Philip Morris (Pakistan) Limited(PMPK)	699 ▼ -51.00 (-6.80%)
Faisal Sp. / Dec 31 Faisal Spinning Mills Limited(FASM)	301.02 ▼ -19.10 (-5.97%)
Kohinoor Power / Dec 31 Kohinoor Power Company Limited(KOHP)	7.31 ▼ -0.44 (-5.68%)
Cordoba Logistics / Dec 31 Cordoba Logistics & Ventures Limited(CLVL)	17.65 ▼ -0.91 (-4.90%)

Stock	Volume
Cnergyico PK / Dec 31 Cnergyico PK Limited(CNERGY)	125,613,935 ▲ 0.63
WorldCall Telecom / Dec 31 Worldcall Telecom Limited(WTL)	111,551,930 ▲ 0.02
B.O.Punjab / Dec 31 The Bank of Punjab(BOP)	84,182,656 ▼ -0.12
Silk Bank Ltd / Dec 31 Silkbank Limited(SILK)	48,777,302 ▲ 0.01
K-Electric Ltd. / Dec 31 K-Electric Limited(KEL)	45,320,218 ▲ 0.11
Pak Elektron / Dec 31 Pak Elektron Limited(PAEL)	36,348,761 ▲ 0.33
Sui South Gas / Dec 31 Sui Southern Gas Company Limited(SSGC)	30,315,237 ▼ -0.54
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	29,511,871 ▲ 1.00
Fauji Foods Ltd / Dec 31 Fauji Foods Limited(FFL)	29,105,477 ▲ 0.40

Markets →

Budget 2024-25: income tax calculator for FY25

Swiss bank

Most Popular