UBS Group

Who is Sergio Ermotti? The Banker Tasked With Saving Swiss Banking

MarketsFinanceSergio Ermotti, who remade UBS into one of Europe’s strongest banks, is returning to handle the messy integration of Credit…

1 year ago

A Rapid-Finance World Must Ready for a Slow-Motion Banking Crisis

Though the Federal Reserve and FDIC have stopped contagion from Silicon Valley Bank for now, smaller and regional banks could…

1 year ago

Credit Suisse Violated Plea Deal in Tax Case, Senate Report Says

MarketsFinanceThe Swiss bank failed to disclose transfers linked to a continuing tax conspiracy, according to a Senate investigation Source link

1 year ago

Credit Suisse Has UBS Worried, Spurring Return of Sergio Ermotti

MarketsHeard on the StreetHiring a trusted pair of hands for the task of integrating Credit Suisse is good news, but…

1 year ago

Credit Suisse Violated Plea Deal in Tax Case, Senate Report Says

MarketsFinanceThe Swiss bank failed to disclose transfers linked to a continuing tax conspiracy, according to a Senate investigation Source link

1 year ago

UBS Brings Back Sergio Ermotti as CEO

UBS said its former leader Sergio Ermotti will return as chief executive, as the Swiss banking giant moves into a…

1 year ago

Deutsche Bank Stock Price Rebounds Even as Worries Persist

The lender sought to reassure investors with a refreshed presentation of financial numbers. Source link

1 year ago

First Citizens Buys Much of Silicon Valley Bank

The acquisition comes more than two weeks after the lender’s collapse sent tremors through the banking system.  Source link

1 year ago

Saudi Chairman of Credit Suisse’s Largest Investor Resigns

MarketsFinanceAmmar al-Khudairy’s remarks about Saudi National Bank’s investment in the troubled lender set off an investor panic Source link

1 year ago

It Wasn’t Just Credit Suisse. Switzerland Itself Needed Rescuing.

ZURICH—The chairman of Switzerland’s largest bank received an urgent call last week. On the other end were three top Swiss…

1 year ago