Swiss regulator calls for more powers after Credit Suisse collapse

[ad_1] Axel Lehmann, chairman of Credit Suisse Group AG, Colm Kelleher, chairman of UBS Group AG, Karin Keller-Sutter, Switzerland’s finance minister, Alain Berset, Switzerland’s president, Thomas Jordan, president of the…

UBS offers up to $1 billion for Credit Suisse in race to save bank: Report – Times of India

[ad_1] UBS Group AG has offered to buy Credit Suisse for up to $1 billion, with the Swiss government planning to change the country’s laws to bypass a shareholder vote…

Credit Suisse intervention avoided ‘financial crisis,’ Swiss National Bank chairman says

[ad_1] The Swiss National Bank supplied a massive lifeline to stricken lender Credit Suisse after a collapse in shareholder and investor confidence led to massive customer outflows. The SNB injected…

UBS shares rise 3% as market focuses on strong underlying profit

[ad_1] The bank recorded an underlying operating profit before tax of $844 million, well ahead of consensus expectations. Factoring in $2 billion in expenses related to the integration of fallen…

European markets mixed as positive momentum stalls; UBS, Watches of Switzerland higher

[ad_1] Sanofi down 1.6% following report of French probe into possible market manipulation French prosecutors have opened a preliminary investigation into multinational pharmaceutical company Sanofi over possible market manipulation. A judicial source…

European markets mixed as positive momentum stalls; Watches of Switzerland up 8.5%

[ad_1] 58 Mins Ago Metro Bank nudges higher on first update after capital injection Shares of the U.K.’s Metro Bank were 2.8% higher at 9:30 a.m. London time after the…

Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds

[ad_1] Wefox CEO Julian Teicke. Wefox Wefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding from Deutsche Bank and UniCredit, two anonymous sources familiar…

Here are 18 stocks I’m watching in the market, including Starbucks, Disney and Boeing

[ad_1] Here are some of the tickers on my radar for Tuesday, Oct. 3, taken directly from my reporter’s notebook: Goldman Sachs starts WK Kellogg (KLG) with a sell rating…

UBS to pay $1.4 billion over fraud in residential mortgage-backed securities

[ad_1] General view of the UBS building in Manhattan, New York, June 5, 2023. Eduardo Munoz Alvarez | View Press | Corbis News | Getty Images Swiss bank UBS agreed…

European markets mixed after a downbeat week

[ad_1] An Hour Ago German wholesale prices fall 2.8% in July German wholesale prices fell 2.8% in July, according to the German federal statistics office. The figure comes after a…