A number of European carriers were finding life difficult before the attacks on the U.S. -- and since September 11, the situation has worsened. September 12 -- Scandinavian airline SAS warns its ...
Sources inside the bank tell On The Money that senior bankers are alerting the troops that a move is almost inevitable given ...
UBS Group AG is handling the Credit Suisse integration so well, the acquisition would likely be seen as a big success if it ...
Switzerland implemented Basel III standards through the Banking Act and the Own Funds and Risk-Distribution Ordinance. Article 29 of the latter requires that AT1 capital be written off "at the latest ...
UBS Group said it intends to appeal a Swiss court judgment that ruled there was no legal basis to wipe out more than $17 billion in Credit Suisse bonds as part of a state-orchestrated rescue takeover.
UBS reported a surge in third-quarter profit on Wednesday, but investors' focus quickly turned to billions of liabilities ...
Profit was boosted by fees from wealthy clients and corporate dealmaking and the release of litigation provisions.
UBS said third-quarter net profit surged 74%, comfortably beating expectations as revenue shot higher on financial market volatility caused by global tariff turmoil, as well as renewed M&A activity.
The company said, “In proceedings initiated by certain holders of Credit Suisse Group AG additional tier 1 instruments against FINMA, which ...