A year after the failure of Credit Suisse, the Swiss government says UBS may have to find as much as $27 billion to absorb potential losses and protect taxpayers from ever having to bail out a major ...
UBS Group AG is set to begin its latest wave of job cuts in mid-January, according to people familiar with the matter.
UBS expects to shed around 3,000 jobs in Switzerland to help it cut $10 billion in costs as it undertakes a sweeping overhaul following its emergency rescue of Credit Suisse earlier this year. The job ...
ZURICH (Reuters) -Switzerland and UBS are signalling in private a willingness to compromise on capital rules, potentially paving the way for parliament to settle on lower requirements acceptable to ...
Investing.com -- Shares in UBS Group AG (NYSE:UBS) (SIX:UBSG) fell 5% in Zurich after Bank of America downgraded the stock to Underperform from Neutral, raising a question whether the European lender ...
UBS chair Colm Kelleher on Tuesday said Switzerland is having an “identity crisis” about its role in the world of banking. Kelleher, speaking at a global financial leaders’ investment summit in Hong ...
Two years after the rescue of Credit Suisse, ahead of the last major integration milestones and the political debate in Switzerland on future banking regulations, our Group CEO shares reflections on ...
The last-minute rescue of Credit Suisse may have prevented the current banking crisis from exploding, but it’s a raw deal for Switzerland. But it leaves Switzerland exposed to a single massive ...
Lukas Gähwiler decides to retire after 45-year career in financial services; will not stand for re-election to UBS Group AG Board of Directors. Markus Ronner will be nominated as Vice Chairman of UBS ...
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