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The Swiss National Bank will face protests on Friday over its action on climate change and its role in the emergency sale of Credit Suisse to UBS.
The Swiss National Bank is facing calls for an overhaul in its governance, with critics saying too much power lies in the hands of its chairman Thomas Jordan and that more transparency is needed.
European Union antitrust authorities will decide on UBS' planned takeover of fellow Swiss bank Credit Suisse by June 7, the European Commission said in a statement.
First Republic Bank (NYSE: FRC) stock collapsed by more than 40% on Tuesday as the company delivered weak financial results. The shares plunged to a low of $8.10, ~94% below the highest point this yea

10 Top Penny Stocks To Watch Under $1

12:52pm, Tuesday, 25'th Apr 2023
Penny stocks under $1 to watch this week. The post 10 Top Penny Stocks To Watch Under $1 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

UBS Can Only Move So Fast on Credit Suisse

10:03am, Tuesday, 25'th Apr 2023
The bank's quarterly results gave shareholders a timeline for its evaluation of Credit Suisse's books, but not for the crucial question of capital returns.
UBS is still dealing with the fallout from the 2008 global financial crisis even as it prepares to take on the enormous challenge of absorbing Credit Suisse.
UBS Group AG (NYSE:UBS) said its wealth business attracted US$28bn of new money in the first quarter, benefiting from the deepening crisis at Credit Suisse that eventually saw the takeover of its emba
UBS on Tuesday said it may close its controversial acquisition of Credit Suisse as early as next month, as the bank reported a decline in profit.
UBS Chief Executive Officer Sergio Ermotti discusses the Swiss lender's financial results, its takeover of Credit Suisse Group AG, and his strategy. UBS attracted $28 billion from wealthy clients in t
UBS reported strong customer inflows as it prepares to swallow Credit Suisse, in the first banking megamerger for years.
The 167-year-old bank reported results for what is likely to be the last time.
Penny stocks to watch under $1 this week. The post Penny Stocks to Buy Now?
Bizarre quarterly results from the failed bank has put fresh numbers on the risk-return bargain at the heart of Switzerland's rescue merger.

Credit Suisse outflows reached £55bln in 2023

07:19am, Monday, 24'th Apr 2023
Credit Suisse Group AG (NYSE:CS) saw £55bln in outflows in the first three months of 2023, a bank run that prompted its forced sale to Swiss rival UBS Group AG (NYSE:UBS). Teh Swiss bank revealed th
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