UBS sees shift in new billionaires away from entrepreneurs to inherited wealth
ZURICH Billionaires increased in numbers and overall wealth last year, Swiss bank UBS said on Thursday, with the
2023-11-30 16:27
Banking Escapees Make Billions From Private Credit Boom
Dinner with Barack Obama, mansions on both US coasts and dazzling modern art collections — from Frank Stella
2023-11-30 08:22
Risky Bonds Decimated By Credit Suisse Implosion Are Booming Again
A day that started with a blunt call to investors ended with incredulous fund managers at Algebris Investments
2023-11-29 13:55
UBS Chair Sees Challenging 2024 After `Easy' Cuts Done
Next year will be one of the most difficult in the process of absorbing Credit Suisse into UBS
2023-11-28 18:46
HSBC Hires UBS’s Anand for Role Serving India’s Rich Diaspora
HSBC Holdings Plc hired a senior private banking executive from UBS Group AG where he ran a team
2023-11-28 10:53
UBS Asset Upgrades Big Infrastructure Investments as Deals Slow
UBS Asset Management is focusing on improving infrastructure investments it already owns as the weakest dealmaking environment in
2023-11-27 06:28
Ermotti Urges More Top Banker Accountability After Credit Suisse
UBS Group AG Chief Executive Officer Sergio Ermotti said Switzerland should have broader powers to sanction bank executives
2023-11-23 17:59
Meloni, UBS, Jefferies Pull Off Stealth $1 Billion Bank Sale
It took just a few hours for Prime Minister Giorgia Meloni to kick off the sale of a
2023-11-22 19:54
Italy Sells 25% Stake in Monte Paschi for About €920 Million
Italy sold about 25% of Banca Monte dei Paschi di Siena SpA for approximately €920 million ($1 billion)
2023-11-21 16:59
$650 Billion Firm Caught in Swiss Wipeout Is Buyer of UBS AT1s
One of the major investors caught in Credit Suisse’s historic wipeout of AT1s just bought similar securities sold
2023-11-17 21:53
Europe’s Banks to Focus on Cost Cuts as Rates-Driven Boom Fades
European lenders are set to focus more on cost savings in 2024, as benefits from rising interest rates
2023-11-17 18:59
UBS expects bonds and stocks to rise in 2024 on U.S. soft landing
LONDON U.S economic growth is set to slow but remain positive in 2024, European growth will remain subdued
2023-11-16 18:29