You Searched For "UBS report" and got 20 results
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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
$68 billion withdrawn from Credit Suisse before collapse
Collapsed banking giant Credit Suisse says 61.2 billion Swiss francs ($68.6 billion) left the bank …
2 mins read
US stocks fall as investors brace for key PCE inflation report
The Fed's preferred inflation measure is on deck, with implications for the pace and timing of rate…
Jennifer Sor
2 mins read
Recruiters worldwide are inundated with calls from anxious Credit Suisse bankers seeking new jobs amid the UBS takeover, report says
Recruiters in London, New York, and Singapore have received many calls from Credit Suisse workers a…
Kate Duffy
2 mins read
Credit Suisse tells staff to keep working and that salary and bonus will be paid 'as previously communicated' after UBS takeover deal: reports
Credit Suisse is also telling staff that their roles are "not immediately impacted" after UBS seale…
Huileng Tan
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…
2 mins read
China faces a reckoning as disillusioned Gen Z and millennial workers refuse to save for retirement: report
The New York Times reported that some young people in China have stopped contributing to pensions o…
Mikhaila Friel
1 min read
UBS sold a Credit Suisse private jet that was used by its ex-chair to fly to Wimbledon and the Euros, breaking COVID rules — and the Maldives for a family vacation
The Dassault Falcon 7X, the same model of private jet owned by Taylor Swift, was misused by António…
Pete Syme
1 min read
US stocks trade mixed amid rush of quarterly earnings reports
Shares of United Airlines and Verizon jumped on better-than-expected earnings.
Filip De Mott
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
ChatGPT may be the fastest-growing consumer app in internet history, reaching 100 million users in just over 2 months, UBS report says
ChatGPT's user base grew faster than TikTok, Instagram, Spotify, and other major platforms, a new r…
Sawdah Bhaimiya
4 mins read
UBS' uber-rich clients don't want to share the wealth (managers)
On paper, UBS' takeover of Credit Suisse should be a boon for its massive wealth business. In reali…
Dan DeFrancesco
1 min read
The stock market still faces 'potential disappointment' on Fed easing bets despite cooling inflation, UBS says
Inflation cooled again in April but there's still potential disappointment ahead for investors, the…
George Glover
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
Brace for stock-market volatility to persist this year as investors get bombarded with economic data, UBS says
"The potential remains for this data-dependent market to keep jumping from one narrative to another…
George Glover
2 mins read
Moscow banned UBS and Credit Suisse from selling shares in its subsidiaries after a Russian bank said it would lose money from their exit
The issue arises because of a 2021 syndicated loan granted to a Luxembourg-based agricultural firm.…
Huileng Tan
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
Indian economy making solid recovery despite global headwind: RBI Governor Das
Reserve Bank Governor Shaktikanta Das has stated that the Indian economy has made a strong recovery…
PTI
5 mins read
UBS is officially buying Credit Suisse in a historic rescue deal. This is how we got here.
The Swiss giant has weathered a slew of scandals in recent years, and investors are jittery after t…
Theron Mohamed
1 min read
Credit Suisse faced a staggering $69 billion of outflows in the first quarter, an amount that eclipses UBS's market cap
Credit Suisse saw its outflows accelerate to $69 billion last quarter, which culminated in its gove…