Proxy adviser Ethos: UBS should have spun off CS' Swiss business
ZURICH (Reuters) -UBS should have spun off Credit Suisse's Swiss business, proxy adviser Ethos said on Thursday, after Switzerland's No.
2023-08-31 18:00
After Credit Suisse takeover, UBS begins cost drive by axing 3,000 Swiss jobs
By Noele Illien and Oliver Hirt ZURICH (Reuters) -UBS Group embarked on a sweeping plan to cut more than $10
2023-08-31 17:21
Shares in Swiss bank UBS hit highest since late 2008
MILAN Shares in UBS hit their highest level since October 2008 on Thursday, extending a strong run that
2023-08-31 15:21
UBS reports second-quarter profit of $28.875 billion
ZURICH UBS Group on Thursday reported $28.875 billion in net profit attributable to shareholders for the second quarter,
2023-08-31 12:51
US SEC accuses Citigroup of record-keeping violations related to underwriting expenses
The U.S. Securities and Exchange Commission on Tuesday issued a cease-and-desist order against Citigroup Global Markets Inc over
2023-08-30 05:28
S&P Global downgrades Rite Aid on restructuring risk
S&P Global Ratings on Tuesday downgraded Rite Aid Corp to "CCC-minus" from "CCC-plus" on increased risk from restructuring.
2023-08-30 04:49
Explainer-After Credit Suisse takeover, UBS gives first glimpse of new group
By Noele Illien ZURICH UBS will publish on Aug. 31 its first earnings report since a hastily arranged
2023-08-29 22:57
US isn't trying to hold China's economy back, says Commerce Secretary Raimondo
The United States is not seeking to decouple from China's economy or hold it back, Commerce Secretary Gina Raimondo told senior Chinese economic officials Tuesday in Beijing.
2023-08-29 17:55
UBS, Swiss finance blog settle Credit Suisse legacy lawsuit
ZURICH UBS and Inside Paradeplatz have settled a lawsuit initially brought against the popular Zurich based finance blog
2023-08-29 13:27
Lordstown hopeful to find buyer for all or some parts of business - Bloomberg News
Lordstown Motors is formulating a debt repayment plan and is hopeful that it will find buyers in Chapter
2023-08-29 09:57
San Francisco Fed's chief of supervision to retire
Azher Abbasi, head of supervision at the San Francisco Federal Reserve, will retire at the end of October,
2023-08-29 07:19
Drugmaker Mallinckrodt files for second bankruptcy in US
By Dietrich Knauth Drugmaker Mallinckrodt on Monday filed for its second bankruptcy in three years in the United
2023-08-29 04:58