[ad_1] One 97 Communications Ltd. has built a formidable payment business with large customer and merchant bases and market-leading infrastructure, according to UBS Research. The research firm has initiated a…
Tag: UBS
UBS to Keep Credit Suisse’s Swiss Business, Retire Its Brand
[ad_1] UBS Group AG will keep Credit Suisse’s domestic bank and fully integrate it, overriding local criticism that a merged entity will hold excessive sway over the country’s financial system.…
UBS nominates Australian banking executive to board
[ad_1] ZURICH: UBS has nominated Australian financial executive Gail Kelly to its board, the Swiss bank said on Friday, highlighting her experience of navigating banking mergers. The appointment could prove…
Bitcoin ETFs Get Off to a Monster Start, Despite Resistance on Wall Street
[ad_1] Updated Jan. 11, 2024 7:25 pm ET The new bitcoin ETFs had a roaring debut in their first day of trading, but Vanguard refused to join the party. The…
Switzerland prepares emergency measures to deliver UBS takeover of Credit Suisse
[ad_1] The clock is ticking on Switzerland’s second largest bank. © Keystone / Michael Buholzer Switzerland is preparing to use emergency measures to fast-track the takeover by UBS of Credit…
UBS Seeks to Sell Loans Credit Suisse Gave to Junk Italian Firms
[ad_1] UBS Group AG is planning to sell its exposure to a portfolio of loans that Credit Suisse made to junk-rated Italian companies, according to people with knowledge of the…
Why a monster UBS bank scares Switzerland
[ad_1] UBS says taking over Credit Suisse will make it stronger. Some politicians fear the combined bank could be a liability. Keystone / Neil Hall The dramatic takeover of Credit…
Here’s why Switzerland may not go for a minimum corporate tax rate
[ad_1] Switzerland may now be turning back on a minimum corporate tax rate, proposed by the OECD. ADVERTISEMENT Back in June this year, Switzerland set an example for other wealthy…
UBS Cuts $10 Billion Government Backstop For Credit Suisse Rescue
[ad_1] Topline UBS on Friday said it has terminated an agreement with the Swiss government to shield it from losses linked to its emergency rescue of Credit Suisse, a move…
China’s yuan firmer
[ad_1] SHANGHAI: China’s yuan firmed against a weakening US dollar on Thursday, as the dollar index fell in late session on Wednesday to the lowest level in five months. The…