Feature UBS Group gears up for fresh wave of job reductions Aya Anwar Apr 18, 2024 0 UBS Group is reportedly gearing up for another wave of workforce reductions following its acquisition of Credit…
Feature Morgan Stanley terminates jobs in Asia Aya Anwar Apr 17, 2024 0 Morgan Stanley is trimming its investment banking workforce in Asia Pacific by at least 50 positions, sources…
Feature Gold prices hit record amid Middle East tensions Nada Ali Apr 8, 2024 0 Gold prices continued their record-breaking rally on Monday, driven by speculative buying and ongoing tensions in…
News European stocks starts Q2 up, German inflation data due Aya El Sayed Apr 2, 2024 0 European stocks started the second quarter on a positive note, with the STOXX 600 index rising by 0.3 per cent by…
Feature IMF urges major financial reforms in Switzerland Aya El Sayed Mar 28, 2024 0 The International Monetary Fund (IMF) stated on Thursday that Switzerland requires robust financial sector reforms…
Banks UBS bank plans to explore US deals Nada Ali Mar 17, 2024 0 Swiss banking giant UBS is planning to explore merger and acquisition opportunities in the United States in the…
Banks Private credit funds-banks ties in Europe deepen amid higher default risks Aya El Sayed Mar 14, 2024 0 A record 80 per cent of new European private credit funds used bank loans in 2023, known as subscription lines’, to…
Banks Credit Suisse withdrawals reach $68.6 bln Yassmine Elbehnaihy Apr 26, 2023 0 The Credit Suisse collapse in March was triggered by depositor withdrawals of $68.6 billion, which lead to the…
Banks UBS Q1 net profit goes down by 52% Yassmine Elbehnaihy Apr 26, 2023 0 UBS Group’s year-on-year net profit in the first quarter of 2023 has declined by 52 percent, reaching $1.03…
Financial Institutions IMF chief warns against global financial stability risks Yassmine Elbehnaihy Mar 27, 2023 0 Kristalina Georgieva, International Monetary Fund chief warned on Monday against the increasing financial stability…