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UBS CEO says Switzerland should not “overshoot” with capital demands
WSAU Wausau· 1 day agoBy Elisa Martinuzzi ZURICH (Reuters) -UBS CEO Sergio Ermotti said on Monday that criticism that the...
UBS announces equity conversion provision for almost $5 billion in AT1 debt
Reuters· 21 hours ago"As a result, as from such date, these instruments are subject to equity conversion (and no longer...
Buy! Sell! Puff! Pass! What Wall Street Dropping Drug Testing For Cannabis Could Mean For Your 401k...
Benzinga· 41 minutes agoEarlier this year, we found out that major Wall Street banks were forgoing drug testing for...
Meme stocks are surging again: here's why
Newsweek· 1 hour agoIn an unexpected throwback to the 2021 trading frenzy, GameStop and AMC Entertainment shares are experiencing a significant surge this week. The...
4th Circuit Weighs Whether Hearings Are Needed Before Dismissing FCA Whistleblower Suits | National...
Law.com· 6 days agoThe U.S. Court of Appeals for the Fourth Circuit weighed that question Wednesday in an appeal...
Finma Chief Pushes Full Capital Backing of UBS’s Foreign Units
Bloomberg· 7 hours agoThe new chief executive of the Swiss banking watchdog Finma said UBS Group AG should provide 100% capital backing to its foreign units, a move that aligns with the government’s plans to significantly increase the bank’s capital requirements.
Against expectations, European banks are thriving
The Economist· 5 days agoIn 2020, when BBVA and Sabadell abandoned merger discussions, it was difficult to find investors with anything positive to say about European banks. A...
BNP Paribas CEO dampens hopes for European bank M&A revival
Reuters· 2 hours ago, opens new tab on Tuesday played down expectations for a revival of M&A activity in European...
Michigan Judge Downplays Court Role in Credit Suisse Tax Dispute
Bloomberg Law· 6 days agoat oral argument Wednesday why its dispute with the state over the tax treatment of mortgage-backed securities wasn’t handled out of court. The wealth management firm wants the court to adopt ...
Bill Hwang Defense Faces Tough Odds as Archegos Trial Begins
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- Archegos Capital Management founder Bill Hwang will defend himself against fraud and...
