UBS hopes to complete Credit Suisse takeover before July ZURICH: UBS said Tuesday it would likely complete its takeover of stricken rival Credit Suisse before the end of... Published 26 Apr, 2023 06:15am
Markets UBS first-quarter profit drops 52% due to legacy litigation case ZURICH: UBS Group AG on Tuesday reported a 52% slide in profit for the first quarter due to an increase in legal... Published 25 Apr, 2023 10:35am
Markets UBS rehires Ermotti as CEO to steer Credit Suisse takeover UBS Group AG has rehired Sergio Ermotti as CEO to steer its massive takeover of neighbour Credit Suisse - a surprise... Published 29 Mar, 2023 11:49am
Markets European stocks end turbulent day up as markets assess Credit Suisse rescue PARIS: European stocks reversed sharp early losses and rose on Monday as banking stocks rebounded from three-month... Published 21 Mar, 2023 06:29am
Markets Singapore central bank says no interruption to Credit Suisse operations Singapore’s central bank said Credit Suisse Group would continue operating in the city-state without any curbs,... Published 20 Mar, 2023 11:24am
Markets Credit Suisse takeover, central bank action calm jittery markets Moves by authorities to avert a global banking crisis lifted market confidence on Monday as investors welcomed a... Updated 20 Mar, 2023 12:35pm
Markets Indian shares open lower as banking concerns linger; Adani stocks slide BENGALURU: Indian shares opened lower on Monday as some investors worried about contagion risks in the global... Published 20 Mar, 2023 10:18am
Markets Nikkei ends at 2-month low as Credit Suisse buyout fails to calm market jitters TOKYO: Japan’s Nikkei share average ended at a two-month low on Monday, as worries about recession and a potential... Updated 20 Mar, 2023 01:39pm
Markets UBS sounds cautious note for year ahead after booking quarterly profit rise ZURICH: UBS Group AG predicted an “uncertain” year ahead plagued by accelerating inflation and higher interest rates... Published 31 Jan, 2023 12:06pm