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UBS Group (UBS) to Cut Jobs for $10 Billion Cost Reduction
Zacks via Yahoo Finance· 3 days agoUBS Group (UBS) plans to cut jobs in five separate waves, starting June 2024, to save costs. The...
UBS to Regulators: We Don't Need Extra Capital
The Wall Street Journal· 20 hours agoUBS Chairman Colm Kelleher criticized Switzerland’s plans to increase the bank’s loss buffers, saying “additional capital is the wrong remedy” to prevent...
UBS flags 'serious' concern about new Swiss capital requirements
Reuters via Yahoo Finance· 1 day agocapital requirements. The government laid out plans two weeks ago for how to police banks deemed...
UBS gets backing for capital plan, Ermotti pay from Norway wealth fund By Reuters
Investing.com· 2 days agoThe vote from the Norwegian...UBS' second-largest shareholder, at the bank's annual general meeting...
UBS Capital Hike Will Fall Short, Experts Warn — Financial News
Morningstar· 1 day agoUBS could face a capital hike of some $25 billion under the plan based on a worst-case scenario of another market shock. The package could also give the Swiss financial regulator ...
European markets close lower as momentum falters; tech stocks hold gains
CNBC· 1 day agoThe change moves the AT1 bonds, a form of debt that can be converted when a bank's capital ratio...
UBS chair says Swiss banking giant is not 'too big to fail'
CNBC· 1 day agoUBS Group Chairman Colm Kelleher on Wednesday said that the Swiss bank is "not too big to fail," as...
Buy, Sell or Hold: What Stock Analyst Ratings Mean and How They Can Help You Make Investment...
AOL· 5 days agoLook at stock quotes on any financial news website and you’re likely to see analysts’ ratings that...
UBS could face $20B capital hit under proposed Swiss reforms
InvestmentNews· 1 week agoUBS Group faces an increase in regulatory capital requirements that could reach around $20 billion...
You Can't Rely On Bank Regulators To Protect Your Cash
GoldSeek.com· 6 days agoClearly, this...former holders of CS's AT1 notes. The bank released its 2022 annual report on March 14, 2023, and it noted that it had found a significant flaw in its reporting ...