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UBS shares soar as smashes profit forecast, sticks to share buybacks
Reuters· 3 days agoShares in Switzerland's biggest bank jumped as much as 10% and were on track for their biggest...
UBS earnings hit $1.8 billion as Credit Suisse merger pays off
Fortune· 3 days agoWith the bank targeting the completion of the legal merger with Credit Suisse by May 31, a robust set of results will buttress UBS Chief Executive Officer ...
Bill Hwang lost $35 billion in a spectacular trading implosion. Now, prosecutors will try to prove...
Market Watch· 2 days agoFederal prosecutors say it was a crime in which Hwang misled lenders to manipulate prices in order...
Against expectations, European banks are thriving
The Economist· 22 hours agoIn 2020, when BBVA and Sabadell abandoned merger discussions, it was difficult to find investors with anything positive to say about European banks. A...
UBS shares soar as profit smashes forecasts, share buyback plans affirmed By Reuters
Investing.com· 3 days agoShares in Switzerland's biggest bank jumped 8% and were on track for their biggest one-day gain...
Credit Suisse Whistleblower Urges Panel to Provide Day in Court
Bloomberg Law· 2 days agoalleging the concealment of information that deprived the US government of over $1 billion in a 2014 plea agreement. The Justice Department—which said the False Claims Act suit interfered with ...
Law firms rally Asian claimants against Switzerland over AT1 bond wipeout
Nikkei Asian Review· 18 hours agoGlobal law firm Withersworldwide is seeking to unite holders of additional tier one, or AT1, bonds issued by the now-defunct Credit Suisse in Asia, aiming ...
UBS Jumps as Swiss Lender Returns to Profit
Investopedia· 3 days agoUBS Group (UBS) shares soared in intraday trading Tuesday after the Swiss bank returned to a quarterly profit as it continued to integrate former rival ...
Michigan Judge Downplays Court Role in Credit Suisse Tax Dispute
Bloomberg Law· 2 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 ...
UBS makes first profit since Credit Suisse rescue
Erie News Now Plus· 3 days agoShares in the Swiss lender surged 10% in Zurich Tuesday after it posted net profit of $1.8 billion for the first three months of 2024 — a 71% increase...