In wake of Credit Suisse, Switzerland told to better prepare for bank failure
By Noele Illien, Elisa Martinuzzi and John O'Donnell BERN (Reuters) -Switzerland was urged to prepare properly for the failure of
2023-09-01 17:15
UBS to cut 3,000 jobs after Credit Suisse takeover
The Swiss bank reports bumper profits following the rescue of its rival but staff face redundancies.
2023-08-31 17:15
UBS targets cost cuts of $10 billion as it absorbs Credit Suisse
UBS said Thursday that it expected to generate $10 billion in savings from a sweeping overhaul of the new global banking giant created by its emergency rescue of stricken rival Credit Suisse earlier this year.
2023-08-31 14:25
Centaline says mainland China unit has 'huge' unpaid developers' commissions
BEIJING Centaline Property has said its mainland China unit is owed a huge amount of unpaid commissions and
2023-08-26 14:29
Hundreds of Wells Fargo users report issues with banking system
More than 700 users reported issues with Wells Fargo's banking system Thursday, according to Downdetector, with problems ranging from transferring funds to declining ATM cards.
2023-08-25 06:46
America's richest 10% are responsible for 40% of its planet-heating pollution, new report finds
America's wealthiest people are also some of the world's biggest polluters -- not only because of their massive homes and private jets, but because of the fossil fuels generated by the companies they invest their money in.
2023-08-18 02:22
MSCI to acquire remaining stake in Burgiss for $697 million in cash
Index provider MSCI said on Monday it will acquire the remaining 66% of Burgiss Group, a New Jersey-based
2023-08-14 20:23
Miss Universe cuts ties with Indonesia organiser accused of sexual harassment
JAKARTA The Miss Universe Organization said it was cutting ties with its Indonesian franchisee and cancelling this year's
2023-08-13 13:16
Credit Suisse retail investors plan lawsuit challenging UBS buyout- FT
Retail investors who lost money when Credit Suisse was taken over by UBS in March plan to file
2023-08-13 12:50
IRS cannot find millions of backup tax records, watchdog says
The Internal Revenue Service cannot locate thousands of microfilm cartridges storing millions of sensitive business and individual tax account records, a new watchdog report found.
2023-08-12 02:15
UBS terminates loss protection agreement with Swiss government
ZURICH UBS will not need to tap the Swiss government's 9 billion Swiss franc ($10.27 billion) backstop agreed
2023-08-11 13:24
Mississippi Supreme Court will not dismiss former NFL quarterback Brett Favre from welfare scheme civil lawsuit
The Mississippi Supreme Court said it will not dismiss former NFL quarterback Brett Favre from a civil lawsuit filed by the state seeking to recoup millions of dollars distributed as part of what the state calls a statewide welfare fraud scheme.
2023-08-11 11:24