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stock traders catch their breath after winning runBayer CEO Sees Possible Split of Crops or Consumer HealthEarthquake That Hit Texas Oil Country Was State’s Second-BiggestUK Sanctions Gold Trader and Miners in New Russian ClampdownEuropean Stocks Trade Steady as Investors Await Fed SpeakersUS Bank Debt Proposal Would Boost Borrowing Costs, Trade Group SaysNaira Resumes Slide After Nigeria Only Clears Part of FX BacklogFinancial advice from AI may be educational but not holistic, experts...
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UBS Paid $500 Million to Keep Credit Suisse Staff Amid PoachingUBS Group AG forked out about $500 million to key Credit Suisse staff to make sure they wouldn’t leave during the uncertainty following the emergency rescue earlier this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
UBS Posts First Loss Since 2017 Amid Credit Suisse IntegrationUBS Group AG posted its first quarterly loss in almost six years, as the ongoing integration of Credit Suisse drags on the Swiss lender’s performance.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
UBS reports pre-tax loss in 3Q but says benefits of Credit Suisse merger gather steamGENEVA (AP) — UBS reported Tuesday a $255 million pre-tax loss as the giant Swiss bank shed some 4,000 jobs globally, cut costs faster than expected, and...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
UBS wins back wealthy clients as Credit Suisse takeover thrusts it into the redThe new money helped soften the blow of a $785-million quarterly loss to cover the costs of swallowing stricken rival Credit Suisse
Source: globebusiness - 🏆 31. / 66 Read more »
UBS Begins Sale of First AT1 Bond Since Credit Suisse CollapseUBS Group AG has begun the sale of a hotly-anticipated additional tier 1 bonds, marking its first issuance of the securities since Credit Suisse’s writedown of about $17 billion of the debt.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
UBS marks new chapter for AT1 bonds with first since Credit Suisse dealMarket News
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »