On Thursday, the Swiss National Bank announced that Credit Suisse and UBS must cut their debt levels that still top international rivals.
Tags: UBS
German Finance Minister approached UBS about acquiring 17% stake in Commerzbank - magazine
Wolfgang Schaeuble initiated exploratory talks with the chairman of UBS about its stake in Commerzbank.
UBS regains title of world's largest private bank
UBS gained back the title of largest private bank UBS gained back the title as the world's largest private bank as fresh client funds surged in the previous year.
Britain floats Royal Mail this financial year through an IPO
Britain would float its majority share in Royal Mail through an initial public offering this financial year.
Portfolio Adjustment For UBS After Stock Market Correction
Due to stock market corrections, UBS announced that they are adjusting their portfolio Asset allocation strategists from UBS are saying that they are increasing their 'overweight' stance when it comes to equities.
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UBS is facing calls from shareholders seeking to split the banking operations from wealth management operations.
UBS banker, also a vice chairman at UBS is leaving for Blackstone Group. According to two anonymous sources familiar with the move, the global head of industrial investment banking of UBS has resigned from the bank to join the advisory business of The Blackstone Group.
Using bailout funds, Russian state owned banks create new business for its benefit. State controlled Russian investment banks of President Vladimir Putin are bullying foreign competitors out of the market, as they are buoyed by a bailout from its Russian tycoon cartel.
Unbeknownst to many, UBS was the financial backer of CP Group in its purchase of a stake in Ping An Insurance of China.
