UBS

Switzerland Creates 'Too Big to Fail' Rules to Make Banks Safer Following Credit Suisse Collapse

Switzerland Creates 'Too Big to Fail' Rules to Make Banks Safer Following Credit Suisse Collapse

Switzerland presented proposals for UBS, along with three other systemically relevant banks, to protect the country from a recurrence of the Credit Suisse collapse experienced last year.

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Swiss Banking Giant UBS Launches New Share Buyback Program of up to $2 Billion

Swiss Banking Giant UBS Launches New Share Buyback Program of up to $2 Billion

Swiss banking giant UBS revealed a new share buyback program of up to $2 billion on Tuesday.

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Swiss Banking Giant UBS Intends to Broaden Business Footprint in the US

Swiss Banking Giant UBS Intends to Broaden Business Footprint in the US

Swiss banking giant UBS intends to seek merger and acquisition opportunities in the United States in the years ahead.

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Swiss Banking Giant UBS Launches New Share Buyback Program of up to $2 Billion

UBS Starts Slashing Asia Private Banking Positions as Earnings Fall: Report

UBS reportedly began cutting off Asia private banking personnel as the largest wealth manager in the region struggled with declining revenues.

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Societe Generale says it obeys all rules fighting tax evasion and fraud

Societe Generale said that it stood by all the rules of its operating nations. The bank confirmed that it no longer detained any establishments in the process in the Non-Cooperative Countries and Territories.

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Gainers and losers of Wednesday, March 9, 2016 stock market

Shares of Blue Buffalo and Air Transport Service gained during the Wednesday trading session while shares of Yelp, Unisys Corp and Zagg Inc lost their shares in the stock market.

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Knight Vinke sells his UBS stakes

Knight Vinke removed a majority of his UBS shares from many investment institutions after his failure in convincing the bank to modify its strategy.

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Unsuccessful Oil Exploration leds BP and Shell Billions of Profits Loss

It's yet not over for oil prices to go plunging as BP and Shell will report this week that billions of pounds were shelled off their profits as the aftermath of low oil price associated with exploration failures strike two of Britain's biggest companies.

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Swiss banks step up battle for Asia's super-rich

UBS's giant banner on Hong Kong's One Peking Road skyscraper, so big it has drawn complaints for keeping solar panels in the shade, is a testament to the renewed push among Swiss banks to win business from Asia's burgeoning ranks of millionaires.

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Hopes high for Thiam turnaround at Credit Suisse

Tidjane Thiam starts work as CEO of Credit Suisse (CSGN.VX) next month with investors optimistic he can bring about a major change of strategy at the bank, even if he has to raise cash to do it.

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Deutsche Bank makes Cryan CEO after Jain, Fitschen resign

Deutsche Bank appointed John Cryan as its new CEO on Sunday after co-chief executives Anshu Jain and Juergen Fitschen resigned following criticism from investors.

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Deutsche Bank to launch three tech startup labs in 2015: source

Deutsche Bank aims to launch three technology innovation labs in Berlin, London and Silicon Valley this year designed to accelerate development of so-called "fintech" companies which could aid the banking sector and its clients.

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Citi keeps top spot in FX trading as European banks slump: poll

European banks Deutsche Bank, Barclays and UBS have seen their market share in foreign exchange trading slump in the past year, as U.S. banks led by Citigroup (C.N) grabbed business, according to widely watched industry rankings.

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UBS seeks to offload Australian wealth unit to management: source

UBS is seeking to offload its private bank in Australia to the unit's management following a review of underperforming businesses at the Swiss bank, a source with direct knowledge of the matter told Reuters on Monday.

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USAA creates research team to study use of bitcoin technology

USAA, a San Antonio, Texas-based financial institution serving current and former members of the military, is studying the underlying technology behind the digital currency bitcoin to help make its operations more efficient, a company executive said.

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