ubs Archives - Global Banking Monitor

UBS Chief Sergio Ermotti Advocates Stricter Sanctions for Negligent Bankers

UBS chief executive Sergio Ermotti has called for greater powers for Switzerland’s financial regulator and sanctions for negligent bankers in the wake of Credit...

Exclusive: UBS Approaches Significant Restructuring of Investment Bank

UBS Group AG (UBSG.S) is poised to make sweeping changes to the senior ranks of its investment banking division globally as soon as Monday,...

UBS Cuts Credit Suisse Investment Bank Staff, Shuts Houston Office, Says Source

UBS Group (UBSG.S) is laying off employees from Credit Suisse's investment bank this week in New York, a source familiar with the situation said. The...

UBS Predicts Departure of Credit Suisse Wealth Veterans in Hong Kong

UBS Group AG has seen a round of exits within its wealth division in Hong Kong less than two months after it completed the...

Chinese Banks Receive Support from Citi and UBS Following Goldman Sachs’ Report

Chinese banks are drawing a growing list of defenders against Goldman Sachs Group Inc.’s pessimistic report on the industry, highlighting how it stands out...

EY to Remain UBS Auditor Post Credit Suisse Acquisition

UBS Group (UBSG.S) has decided to retain EY as its external auditor, enlarging its role to include Credit Suisse's accounts from 2024, the Financial...

UBS CEO Ermotti Suggests Retaining Credit Suisse as Domestic Bank

UBS chief executive Sergio Ermotti has given the clearest indication yet that his bank intends to keep hold of Credit Suisse’s domestic business in...

UBS CEO Ermotti Optimistic: “Prospects for UBS Are Better Than Ever”

UBS's Chief Executive sought to reassure Switzerland on Saturday over its new banking giant, created by the Swiss bank's historic takeover of former rival...

America’s Inflation Wave Driven by Corporations Seeking to Increase Profits, Says UBS Economist

The worst inflation in four decades has proved quite the ride for consumers over the past two years, and recently, it’s even helped the...

UBS Chooses to Retain More than 100 Credit Suisse Asia Dealmakers

UBS Group AG is looking to retain more than 100 Credit Suisse Group AG investment bankers across Asia, seeking to shore up talent in...

Unveiling the Attraction: Wealthy Americans and Their Affinity for UBS, the Swiss Banking Powerhouse

With its $3.2 billion acquisition of Credit Suisse, UBS is poised to climb the ranks of global mega banks. UBS is no stranger to blockbuster...

EU Approves UBS’ Acquisition of Troubled Credit Suisse

The Swiss government-brokered sale of Credit Suisse Group AG to UBS Group AG won European Union approval after regulators said the deal wouldn’t raise...

UBS Chairman Foresees Rise in Customer Balances After Credit Suisse’s Rescue

UBS (UBSG.S) has been a net gainer in customer balances following its rescue of Credit Suisse (CSGN.S), Chairman Colm Kelleher said on Wednesday, citing...

UBS Forecasts $17 Billion Expense from Proposed Credit Suisse Merger

UBS Group AG (SIX:UBSG) has said it could stand to lose around $17 billion from its planned merger with smaller rival Credit Suisse (SIX:CSGN),...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

Tag: ubs