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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. …

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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 …

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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,…

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Credit Suisse fired a banker who forged a wealth-management client's documents and cost the firm $11 million, a new report says

The case follows other high-profile controversies involving the bank, including its 2019 spying sca…

Ben Winck   


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UBS CEO: Switzerland is more important to America than China

Switzerland is the seventh-largest foreign investor in the US, and Swiss investments are growing at…

Sergio Ermotti, UBS   


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UBS France is being investigated for alleged witness tampering

According to a Bloomberg report last week, Belgian authorities said UBS Group AG committed money la…

Ben Moshinsky   


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Salman Khan threat: Mumbai cops file FIR against gangsters Lawrence Bishnoi, Goldy Brar

Apart from Bishnoi and Brar, the First Information Report, which was registered on Saturday, nam…

PTI   


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Netflix lowers subscription costs in over 30 countries to draw in subscribers

Streaming giant Netflix has lowered the price of its subscription in more than 30 countries, in an …

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7 mins read

Not time for bottom fishing yet say experts even as many blue chips hit their 52 week lows

Indian markets have been under pressure in the last few weeks in tandem with the global markets tha…

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ARK Invest's Cathie Wood will join the board of a European crypto firm after personally backing the company

"21Shares is forging a new path for crypto ETPs," Wood told Bloomberg about her new position on the…

Carla Mozée   


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Kanye West is now reportedly worth $6.6 billion thanks to his Yeezy brand's apparel and footwear deals, making him the richest Black American in history

Kanye West just became the wealthiest Black person in US history with a net worth of $6.6 billion, …

Aleeya Mayo   


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Dan DeFrancesco   


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'Big Short' investor Michael Burry is betting Volkswagen will beat Tesla in electric vehicles

Burry, who is short Tesla, has revealed that he owns a stake in Volkswagen's biggest shareholder, P…

Theron Mohamed   


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Announcing BI Global Trends Festival 2020 speakers: Don't miss Reed Hastings, Carlos Watson, Nouriel Roubini, Jennifer Jordan, and more!

The Business Insider Global Trends Festival will take place virtually from October 19-23. Here is o…

Business Insider   


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Inside Citi's exec shakeup — Chime's latest round — Buy now, pay later's future

The top finance stories for September 15, including the news on Citi's executive shakeup and Chime'…

Dan DeFrancesco   


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Credit Suisse posts 22% slide in 2020 net profit on back of significant legal charges. It plans to boost lending volume to shore up revenue

The earnings cap a tumultuous year for the bank, which began with the ousting of Tidjane Thiam as C…

Shalini Nagarajan,Reuters   


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As India works from home, telcos struggle to maintain speeds and service

While their troubles are not as deep as that of medical staff, even internet service providers a…

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Jared Kushner didn't disclose his business ties with George Soros, Peter Thiel, and Goldman Sachs or that he owes $1 billion in loans

Another source told The Wall Street Journal that Kushner plans to recuse himself from anything that…

Veronika Bondarenko