UBS Weighs Credit Suisse China Stake Swap With Beijing GovernmentSouthwest Gas Unit Seeks Up to $315 Million in IPO, PlacementUS Inflation Expectations Stabilize, But Debt Concerns Pick UpJapan’s Kishida Will Look to Sidestep Cracks in Unity With BidenWith No Pay, Pakistan’s Finance Minister Leaves Banker Life Behind to Fix EconomyShock Exit of CFO Ahn Comes at Crucial Time for Canada’s Largest BankBMO Drops Anti-Coal Policy Amid Wall Street Rebuke of ESGEl Salvador Pitches Investors on First...
inflation printCrypto Scam Criminal Trial Tests ‘Code Is Law’ Claim by TraderRivalries in Lula’s Cabinet Roil Petrobras and Brazilian MarketsBrazil Cocoa Farms Go High-Tech in Bid to Upgrade Ailing MarketThe Daily Chase: Buyers eclipse sellers in premarket tradingExpectations of a June interest rate cut solidify as cracks widen in labour marketBlowout U.S.
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UBS to Shut Thousands of Smaller Credit Suisse Accounts in AsiaUBS Group AG is planning to shut smaller-value Credit Suisse accounts numbering in the low thousands at its Asia Pacific wealth management arm to exit relationships with poor returns, according to people familiar with the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
UBS Powers Past $100 Billion One Year After Credit Suisse ShockOn the first anniversary of UBS Group AG’s historic takeover of its former rival Credit Suisse, it’s becoming clear just how advantageous the deal has been for the bank. It has pushed its market capitalization past $100 billion to the highest level in almost 16 years and cemented its leading role in global wealth management.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
UBS SuMi to Acquire Credit Suisse’s Wealth Business in JapanUBS Group AG’s joint venture firm in Japan will acquire Credit Suisse’s wealth management business in the country, according to people familiar with the matter, following the lender’s takeover of its smaller Swiss rival last year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
UBS Middle East Banker Desh Sharma Leaves to Start Credit FundA senior UBS Group AG banker helping to expand loans and complex financing for the bank’s richest clients in the Middle East has left three years after joining from Credit Suisse, according to people familiar with the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
UBS Hints CEO Ermotti Could Stay After Credit Suisse IntegrationUBS Group AG Chief Executive Officer Sergio Ermotti could remain at the helm of the Swiss bank even after the integration process with Credit Suisse is complete.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
UBS, Apollo Agree to Change Deal Terms for Credit Suisse’s SPGUBS Group AG agreed to sell $8 billion in unwanted assets to Apollo Global Management Inc. as part of the carve-out of Credit Suisse’s securitized products group, after renegotiating key parts of the accord.
Source: BNNBloomberg - 🏆 83. / 50 Read more »