Browsing: UBS

UBS sought to reassure investors at its annual general meeting on Wednesday against a fraught political backdrop following its takeover of…

Credit Suisse Chairman Axel Lehmann on Tuesday told shareholders he was “truly sorry” for the collapse that led to the bank’s…

The stress on the financial sector caused by two bank failures in the United States last month is still a…

Swiss prosecutors have opened an investigation into the sudden takeover of the country’s second-largest bank, Credit Suisse, by its rival,…

Swiss news agency SonntagsZeitung weekly reported on Sunday that the UBS takeover of Credit Suisse could result in layoffs of up to…

Credit Suisse is complicit in ongoing tax evasion by ultra-wealthy Americans, including a potentially criminal conspiracy involving the failure to…

Incoming UBS CEO Sergio Ermotti on Wednesday said his return to the helm was “a call of duty,” as the Swiss veteran…

The collapse of U.S.-based Silicon Valley Bank, the biggest bank failure since the global financial crisis, and the emergency rescue of Credit…

London/Oakland, CaliforniaCNN — First Citizens Bank is buying most of the business of Silicon Valley Bank, the US tech lender that failed earlier this…

LondonCNN — European banking stocks rose Monday, boosted by the news that US lender First Citizens Bank would buy most of the business…