Net new money at Switzerland's Pictet drops in 2024
Net new money at Pictet fell last year to 11 billion Swiss francs ($12 billion), a decline of around 31% from the previous ...
UBS Has Cut 10,000 Jobs Since Credit Suisse Takeover in 2023
UBS Group AG has cut more than 10,000 roles since it bought Credit Suisse, marking a milestone in the lender’s efforts to ...
Business Times6d
Over 500 investors, including 300 Singaporeans, kick off claim against Switzerland over Credit Suisse bond losses of over US$250 million
MORE than 500 investors have started their claims process against Switzerland for its forced write-down of Credit Suisse’s ...
Asian Investors Sue Switzerland Over Credit Suisse Bond Losses
More than 500 investors from Singapore, Japan and Hong Kong have launched claims against Switzerland in relation to AT1 bonds that were cancelled wh ...
KTBS7d
UBS profit beats forecast as Credit Suisse merger nears end
Swiss banking giant UBS said Tuesday that it remained on track to substantially wrap up its mega-merger with Credit Suisse by ...
UBS says Credit Suisse integration to practically complete next year
UBS, Switzerland's largest bank, announced Tuesday it is on schedule with its 2024 targets for integrating Credit Suisse. The ...
Risk1d
UBS blunts Basel III RWA impact, gains time for Credit Suisse integration
UBS has minimised the immediate impact of Basel III implementation on its risk-weighted assets (RWAs), giving it breathing room to absorb new RWAs as it moves erstwhile Credit Suisse positions to new ...
Goldman Sachs’ Exclusive Investing Club Is a Powerful Draw
Employees’ privileged access to its own funds show a widening compensation gap on Wall Street. Marc Rubinstein is a former ...
clubofmozambique.com7d
Credit Suisse fines from Mozambique scandal to fund victims’ compensation
The US Securities and Exchange Commission (SEC) is directing the fines imposed on Credit Suisse, related to the Mozambique ...