Swiss banking behemoth UBS on Tuesday reported a 71% enhance in first-quarter web revenue, reaching almost $1.8 billion, far surpassing expectations, after experiencing two consecutive
Tag: SWITZERLAND
UBS logs $785M loss in Q3 due to Credit Suisse acquisition costs
UBS Group reported Tuesday a $785 million loss within the third quarter as a consequence of prices related to the Swiss financial institution’s acquisition of
UBS to absorb Credit Suisse’s domestic unit, aims for $10B in cost cuts
Banking large UBS Group introduced Thursday it will totally soak up the home unit of its longtime rival Credit Suisse into its operations, with out
Swiss lender UBS agrees to pay $1.4B for US fraud charges
Switzerland-based lender UBS agreed to $1.435 billion to settle fraud costs relating to the sale of residential mortgage-backed securities (RMBS), the U.S. Justice Department mentioned
Women’s World Cup last 16 brace for Norway-Japan, Swiss-Spain ties
As the Women’s World Cup enters the business stage when the final 16 kicks off on Saturday, the surprises and shocks within the group stage
Low-tax Switzerland votes on global minimum corporate tax rate
Swiss residents vote this weekend on elevating the business tax to fifteen% from a mean of 11% to align with a world minimal tax charge,
UBS finalizes Credit Suisse takeover to become wealth management behemoth
UBS mentioned Monday it had efficiently concluded its acquisition of troubled rival Credit Suisse, forming a large banking establishment with a steadiness sheet totaling $1.6
Swiss set to back global minimum corporate tax, climate goals
Swiss voters regarded set to approve proposals to introduce a world minimal tax on companies and a local weather regulation that goals to chop fossil
UBS says it was forced into undesired Credit Suisse rescue merger
UBS Group has revealed that it was compelled to have interaction in an undesirable shopping for of its cross-town rival Credit Suisse Group amid a
Credit Suisse reports nearly $69B in outflows in Q1
Credit Suisse Monday introduced greater than 61 billion Swiss francs (practically $69 billion) have been withdrawn within the first quarter of this 12 months, marked