UBS expands ME wealth management team with 10 hires
UBS announced on Tuesday the strengthening of its wealth management team in the Middle East with the addition of 10…
Browsing Tag
UBS
Switzerland’s economy to grow 1.4% in ’25 – IMF
The International Monetary Fund (IMF) has forecast a gradual recovery for Switzerland’s economy, predicting an…
UBS, Credit Suisse Swiss units merger expected by July 1
The merger of the Swiss units of UBS and Credit Suisse could be finalised as early as July 1, as reported by…
Swiss Minister flags legal concerns in global bank closures
Swiss Finance Minister Karin Keller-Sutter emphasised the need for international financial authorities to address…
UBS sets stage for equity conversion of $5b AT1 debt
UBS, the Swiss banking giant, announced on Monday that nearly $5 billion worth of Additional Tier 1 (AT1) bonds are…
UBS job cuts to start late ’24 – CEO
UBS's CEO announced on Tuesday that the bulk of job reductions in Switzerland, the bank’s home market, would…
European shares peak on earnings optimism, rate cut hopes
European shares reached their highest point in over a month on Tuesday, buoyed by a wave of positive corporate…
European shares rise as investors await bank earnings reports
European shares saw a slight increase on Monday, with the STOXX 600 index rising by 0.2 per cent by 0828 GMT,…
European banks face interest rate test in earnings reports
Investors are eagerly awaiting the first quarter earnings reports from major European banks, starting with…
UBS to begin layoffs in June post Credit Suisse buyout
Swiss banking behemoth UBS will initiate five-stage layoffs starting in June as part of its cost-cutting programme…