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UBS Group (UBS) Plans to Reduce Cost in Asset Management Unit
Zacks via Yahoo Finance· 13 hours agoApproximately 25% to 30% of former Credit Suisse staff could be laid off in the first wave of job...
UBS faces new lawsuit by Appaloosa over Credit Suisse $17 bln bond wipeout
Reuters· 1 week agoA new lawsuit by U.S. hedge fund Appaloosa LP accuses the formerCredit Suisse of misleading...
UBS Capital Debate, Big Oil’s Buybacks: EMEA Earnings Week Ahead
Bloomberg via Yahoo Finance· 22 hours ago(Bloomberg) -- The recent selloff in UBS Group AG shares underscores the Swiss bank’s challenge to...
UBS Group (UBS) to Cut Jobs for $10 Billion Cost Reduction
Zacks via Yahoo Finance· 2 weeks agoUBS Group (UBS) plans to cut jobs in five separate waves, starting June 2024, to save costs. The...
3 Credit Suisse Mutual Funds for Consistent Returns
Zacks via Yahoo Finance· 2 weeks agoCredit Suisse AG is an owned subsidiary of UBS Group AG, following its acquisition ...
UBS Shareholders Approve Making Bank’s AT1 Bonds Convertible
Bloomberg· 1 week agoUBS Group AG shareholders voted on a change that will make the bank’s recently-issued Additional Tier 1 bonds convertible, moving away ...
Credit Suisse Faces $36 Million Korea Short-Sale Fine: Chosun
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Credit Suisse AG reportedly faces 50 billion won ($36 million) in penalties over...
UBS mulls plans to overhaul asset-management arm to cut costs - report (NYSE:UBS)
Seeking Alpha· 2 days agoUBS Group is considering cost-cutting measures in its asset-management unit, including reducing...
UBS gets backing for capital plan, Ermotti pay from Norway wealth fund
Reuters· 2 weeks agoThe vote from the Norwegian fund, UBS' second-largest shareholder, at...week is a boost for UBS,...
Appaloosa Sues Credit Suisse Over $17 Billion AT1 Bond Wipeout
Bloomberg· 1 week agoHedge fund Appaloosa LP became the latest to sue over the $17 billion wipeout of high-risk bonds...