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Swiss bank

Swiss bank Julius Baer to sell Brazilian business

ZURICH: Swiss bank Julius Baer said on Tuesday it will sell its Brazilian domestic wealth management business to...

Published 07 Jan, 2025 01:22pm

Business & Finance

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 / Apr 28	281.12
USD PKR Interbank Buying / Apr 28	280.92
USD to Japanese Yen / Apr 28	143.49
USD to Swiss Franc / Apr 28	0.83
Pound Sterling to USD / Apr 28	1.33
Euro to USD / Apr 28	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
Nasdaq / Apr 25	17,382.94
Dow Jones / Apr 25	40,113.50
India Sensex / Apr 28	79,923.27
Tokyo Nikkei / Apr 28	35,842.14
Hang Seng / Apr 28	21,998.78
FTSE 100 / Apr 28	8,435.69
Germany DAX 30 / Apr 28	22,309.26
France CAC40 / Apr 28	7,567.10

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Petrol/Litre / Apr 28	254.63
Crude Oil USD/Barrel / Apr 28	63.38
Gold Spot USD/Ounce / Apr 28	3,288.65
Diesel/Litre / Apr 28	258.64
Cotton US¢/pound / Apr 28	68.37

Gainers
Losers
Leaders

Stock	Price
Samba Bank / Apr 28 Samba Bank Limited(SBL)	8.86 ▲ 0.85 (10.61%)
ECOPACK Ltd / Apr 28 Ecopack Limited(ECOP)	34.71 ▲ 3.16 (10.02%)
EMCO Industries / Apr 28 Emco Industries Limited(EMCO)	38.36 ▲ 3.49 (10.01%)
Sunrays Textile / Apr 28 Sunrays Textile Mills Limited(SUTM)	172.02 ▲ 15.64 (10%)
PIA Holding Co.B / Apr 28 PIA Holding Company Limited B(PIAHCLB)	3,610.52 ▲ 328.23 (10%)
S.S.Oil / Apr 28 S.S.Oil Mills Limited(SSOM)	392.76 ▲ 35.71 (10%)
Shakarganj / Apr 28 Shakarganj Limited(SML)	43.58 ▲ 3.96 (9.99%)
Calcorp Ltd / Apr 28 Calcorp Limited(CASH)	42.20 ▲ 3.73 (9.7%)
Ruby Textile / Apr 28 Ruby Textile Mills Limited(RUBY)	7.89 ▲ 0.69 (9.58%)
Nazir Cotton Mills / Apr 28 Nazir Cotton Mills Limited(NCML)	13.15 ▲ 1.15 (9.58%)

Stock	Price
Lucky Cement / Apr 28 Lucky Cement Limited(LUCK)	359.35 ▼ -1392.1 (-79.48%)
Ghani Chemworld / Apr 28 Ghani Chemworld Limited(GCWL)	7 ▼ -1 (-12.5%)
Tariq Corp.Pref. / Apr 28 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.45 ▼ -0.87 (-11.89%)
Dewan Textile / Apr 28 Dewan Textile Mills Limited(DWTM)	6.50 ▼ -0.8 (-10.96%)
Image Pakistan / Apr 28 Image Pakistan Limited(IMAGE)	22.73 ▼ -2.53 (-10.02%)
Bunnys Limited / Apr 28 Bunnys Limited(BNL)	30.75 ▼ -3.42 (-10.01%)
Matco Foods Ltd / Apr 28 Matco Foods Limited(MFL)	39.84 ▼ -4.43 (-10.01%)
Gammon Pak / Apr 28 Gammon Pakistan Limited(GAMON)	26.26 ▼ -2.92 (-10.01%)
Cyan Limited / Apr 28 Cyan Limited(CYAN)	36.20 ▼ -4.02 (-10%)
Buxly Paints / Apr 28 Buxly Paints Limited(BUXL)	125.05 ▼ -13.89 (-10%)

Stock	Volume
B.O.Punjab / Apr 28 The Bank of Punjab(BOP)	23,445,240 ▼ -0.45
Power Cement / Apr 28 Power Cement Limited(POWER)	21,570,283 ▼ -1.07
Pak Elektron / Apr 28 Pak Elektron Limited(PAEL)	18,030,819 ▼ -2.71
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	17,605,477 ▼ -0.03
Maple Leaf Cement / Apr 28 Maple Leaf Cement Factory Limited(MLCF)	14,622,679 ▼ -1.21
Sui North Gas / Apr 28 Sui Northern Gas Pipelines Limited(SNGP)	13,181,648 ▼ -3.72
Ghani Chemworld / Apr 28 Ghani Chemworld Limited(GCWL)	12,616,623 ▼ -1
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	12,304,502 ▼ -0.37
Sui South Gas / Apr 28 Sui Southern Gas Company Limited(SSGC)	11,312,594 ▼ -2.44
Lucky Cement / Apr 28 Lucky Cement Limited(LUCK)	9,947,230 ▼ -1392.1

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