Featured UBS adjusts sustainable product terminology Aya El Sayed Oct 20, 2024 0 UBS Group AG is advising its bankers to reconsider how they publicly discuss certain sustainable products,…
Featured European banks turn to AI for cost cutting Aya El Sayed Oct 10, 2024 0 European banks are increasingly deploying artificial intelligence (AI) tools to cut staff costs, with Italian…
Stocks Asian stocks tumble on Nvidia earnings Nada Ali Aug 29, 2024 0 Asian shares dropped on Thursday, following a dip in Wall Street futures, as Nvidia's latest financial results left…
Featured Swiss National Bank to expand digital currency project Aya El Sayed Jul 3, 2024 0 The Swiss National Bank (SNB) is considering expanding its pilot project with wholesale central bank digital…
Featured UBS completes merger with Credit Suisse’s Swiss unit Aya El Sayed Jul 1, 2024 0 Swiss bank UBS announced on Monday the completion of its merger with Credit Suisse's domestic operations.
Money UBS expands ME wealth management team with 10 hires Aya El Sayed Jun 25, 2024 0 UBS announced on Tuesday the strengthening of its wealth management team in the Middle East with the addition of 10…
Featured Switzerland’s economy to grow 1.4% in ’25 – IMF Aya El Sayed Jun 25, 2024 0 The International Monetary Fund (IMF) has forecast a gradual recovery for Switzerland’s economy, predicting an…
Featured UBS, Credit Suisse Swiss units merger expected by July 1 Aya El Sayed Jun 11, 2024 0 The merger of the Swiss units of UBS and Credit Suisse could be finalised as early as July 1, as reported by…
Featured Swiss Minister flags legal concerns in global bank closures Aya El Sayed Jun 5, 2024 0 Swiss Finance Minister Karin Keller-Sutter emphasised the need for international financial authorities to address…
Featured UBS sets stage for equity conversion of $5b AT1 debt Aya El Sayed May 13, 2024 0 UBS, the Swiss banking giant, announced on Monday that nearly $5 billion worth of Additional Tier 1 (AT1) bonds are…