UBS
JPMorgan, UBS, Nomura face South Korea short-selling fines: report
[ad_1] SOUTH Korea’s financial regulator is imposing fines on JPMorgan Chase, Morgan Stanley, UBS Group and Nomura Holdings for allegedly violating the country’s rules on short-selling stocks, the Maeil Business...
UBS quarterly profit smashes expectations, US$3 billion buyback unveiled
[ad_1] UBS Group, Switzerland’s largest bank, on Tuesday (Feb 4) posted net income of US$770 million for the fourth quarter of 2024, trouncing forecasts.The net profit attributable to shareholders compared...
UBS CEO signals job cuts will continue in quest to lower costs – The Business Times
[ad_1] UBS Group chief executive officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic acquisition of Credit Suisse.
The Swiss lender seeks to shed...
UBS cuts four loan bankers in Singapore, Hong Kong as deal flow slows
[ad_1] UBS Group cut four loan syndication bankers in Asia, according to people familiar with the matter, as elevated funding costs cast a pall over the market.
The individuals, who...
UBS posts bigger-than-expected net profit in third quarter
[ad_1] UBS Group on Wednesday (Oct 30) reported a forecast-beating quarterly net profit of US$1.4 billion helped by cost reductions and revenue growth as the bank carried out its first...
UBS sells its 50% stake in Swisscard to American Express
[ad_1] UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank’s 50 per cent stake in credit card provider...
Swiss regulator tells UBS to strengthen its crisis plans
[ad_1] UBS must improve its emergency plans following its takeover of Credit Suisse to ensure the bank can be wound down or sold without risking financial stability and taxpayer cash,...
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