UBS

UBS books best annual profit since 2006, sets loftier goals

UBS (UBSG.S) on Tuesday reported its best annual profit since the global financial crisis, emboldening it to hike share buybacks and set…

4 years ago

Oil rises on geopolitical risks, supply shortage

Oil rose on Monday as a supply shortage and political tensions in Eastern Europe and the Middle East put prices…

4 years ago

EXCLUSIVE China securities regulator met foreign banks to soothe economic concerns

The China Securities and Regulatory Commission (CSRC) met this week with executives at top western banks and asset managers to…

4 years ago

Analysis: U.S. energy shares on fire again to start 2022, stoked by inflation

Shares of U.S. energy companies are soaring in the early days of 2022, driven by a shift to so-called value…

4 years ago

UBS appoints JP Morgan Chase executive Youngwood as group CFO

UBS (UBSG.S) has recruited former JP Morgan Chase executive Sarah Youngwood as its group chief financial officer, the Swiss bank said on…

4 years ago

Fearing predators, Credit Suisse seeks new look or even merger-sources

Credit Suisse's top management are under pressure to come up with an overhaul plan for the scandal-hit Swiss bank that…

4 years ago

UBS hires Morgan Stanley bankers to lead U.S. outsourced trading drive

UBS (UBSG.S) has hired two bankers from Morgan Stanley (MS.N) to help build its trading services for hedge funds and…

4 years ago

Global banks in Hong Kong push to get staff back to office

Global banks are moving faster in Hong Kong to get staff back to office versus in other major centres, given…

4 years ago

Archegos fallout shows big banks need to be resilient, Swiss cenbank says

Losses from exposure to U.S.-based investment firm Archegos have demonstrated the need for "too big to fail" capital requirements to…

4 years ago

Shares in record-setting spree as Fed meeting looms

World stocks hit yet another record high on Tuesday, with European stocks poised for their longest winning streak since 2019…

4 years ago