Money UBS job cuts to start late ’24 – CEO Aya El Sayed May 7, 2024 0 UBS's CEO announced on Tuesday that the bulk of job reductions in Switzerland, the bank’s home market, would…
Featured European shares peak on earnings optimism, rate cut hopes Aya El Sayed May 7, 2024 0 European shares reached their highest point in over a month on Tuesday, buoyed by a wave of positive corporate…
Featured European shares rise as investors await bank earnings reports Aya El Sayed Apr 22, 2024 0 European shares saw a slight increase on Monday, with the STOXX 600 index rising by 0.2 per cent by 0828 GMT,…
Money European banks face interest rate test in earnings reports Aya El Sayed Apr 22, 2024 0 Investors are eagerly awaiting the first quarter earnings reports from major European banks, starting with…
Featured UBS to begin layoffs in June post Credit Suisse buyout Aya El Sayed Apr 21, 2024 0 Swiss banking behemoth UBS will initiate five-stage layoffs starting in June as part of its cost-cutting programme…
Featured 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…
Featured 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…
Featured 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…
Featured 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…