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2 mins read
UBS completes Credit Suisse acquisition to become a banking behemoth
Swiss bank UBS on Monday said it has completed the acquisition of troubled rival Credit Suisse. …
2 mins read
Recession will hit the US in 2024 – so get ready for massive interest-rate cuts, UBS says
The Federal Reserve will slash borrowing costs by an eye-popping 275 basis points next year, the Sw…
George Glover
1 min read
UBS made a $29 billion quarterly profit after rescuing Credit Suisse
The record profit is mostly due to an accounting gain following its government-brokered takeover of…
Joseph Wilkins
1 min read
Moody's downgrades outlook for UBS to negative, after Credit Suisse take over
Rating agency Moody's has cut the outlook on UBS Group's debt to negative following its takeover of…
3 mins read
Here are 3 ways the Fed messed up since 2021 and how it's impacting the economy, according to UBS
"Today's rate hike will probably have to be reversed in a relatively short space of time," UBS chie…
Matthew Fox
2 mins read
Is Google pushing too hard at AI? After UBS, Bernstein thinks so too as it downgrades stock
Investment Research firm Bernstein Research has downgraded the Google Stock to neutral. On June 26,…
1 min read
BYJU'S is reportedly in talks to raise $150 million to become India's most valued startup
Edtech industry leader Byju's is raising nearly $150 million from UBS Group AG, that will take its …
2 mins read
Swiss prosecutors have opened an investigation into the takeover of Credit Suisse by UBS, report says
Switzerland's Federal Prosecutor told the Financial Times it was looking into potential breaches of…
Ryan Hogg
1 min read
Stocks' bull run from the first half won't last - high interest rates and slumping growth will kill the rally, UBS says
Further Fed tightening or weak economic data "could quickly unravel optimism" and cause stock price…
George Glover
2 mins read
Markets are eerily calm after the banking chaos - but tightening credit and tumbling earnings could reignite volatility, UBS says
US equities have a tricky road ahead despite Wall Street's "fear gauge" plunging in recent weeks, t…
George Glover
2 mins read
UBS joins forces with private equity firm Partners Group to give wealthy clients access to private markets
Swiss bank UBS and global private equity group Partners Group will make access to private markets m…
Amanda Cooper
2 mins read
Meet UBS CEO Ralph Hamers, a leader behind Credit Suisse negotiations who opts for open-necked shirts and wants to build 'Netflix of wealth'
The somewhat non-traditional CEO has been credited for ushering in digital innovation at both UBS a…
Bethany Biron
3 mins read
Applications for summer 2022 investment banking internships are closing soon. Here's where to apply.
If you're seeking an internship at the likes of Goldman Sachs, JPMorgan, or Bank of America, here's…
Stephen Jones
2 mins read
UBS CEO says crypto is an untested asset class and he isn't worried about missing out on clients
"We feel that crypto itself is still an untested asset category," Ralph Hamers, CEO of UBS Group, t…
Isabelle Lee
1 min read
COVID-19: UBS Group commits Rs 8 cr for India
The donation will help provide over 65,000 people, including daily wage earners and waste pickers, …
PTI
1 min read
UBS is reportedly considering offering cryptocurrency investments to wealthy clients
UBS is in the early stages of exploring crypto offerings, though they would be a small portions of …
Isabelle Lee
2 mins read
The CEO of UBS says staff who don't want to get vaccinated against COVID-19 can work from home instead
UBS CEO Ralph Hamers said roughly two thirds of the banking giant's jobs could be done remotely. Th…
Grace Dean
2 mins read
Top Swiss bank UBS crushes expectations with 54% rise in 4th-quarter net profit as income from wealthy clients swells
The Swiss lender's results unveil a strong start to the tenure of new chief executive Ralph Hamers,…
Shalini Nagarajan
2 mins read
UBS CEO says working remotely is good for bank's clients as well as staff work-life balance
Deutsche Bank, Vanguards, HSBC and Lloyds are all embracing a more flexible model.
Stephen Jones
2 mins read
Crude oil could hit $125 a barrel as Russia's reaction to a US-led price cap threatens to squeeze supply, UBS says
"From a global supply perspective, there's an additional 1 million barrels at risk here," a top UBS…