Wall Street is undecided about trying for another rally on Friday, according to early trading in futures. That's in keeping with the struggle it has been of late, with the S&P 500 SPX down six of the
The government guarantee could have protected the bank from around $10 billion in losses linked to its takeover of Credit Suisse.
Eva Lee of UBS Global Wealth Management says slow-coming government stimulus will create short-term trading opportunitites in China markets.
The Swiss bank says it no longer needs a $10 billion backstop or liquidity lines.
UBS on Friday took the decision to sever the backstop the Swiss government gave to absorb Credit Suisse, a bet there are no hidden skeletons that will emerge that will hurt the bank in the way Country
UBS Group AG (NYSE:UBS)has decided to end an agreement with the Swiss government to cover losses it could incur from the rescue of Credit Suisse Group AG (NYSE:CS). The Swiss bank on Friday said that
UBS said in a memo to employees seen by Reuters on Friday that it would provide information on some more milestones it has reached in its merger with Credit Suisse as part of its second-quarter result
UBS Group AG will voluntarily terminate the Loss Protection Agreement with the Swiss government and the Public Liquidity Backstop with the Swiss National Bank meant to cover losses it could incur from
UBS won't need the government guarantee it secured to rescue failing rival Credit Suisse and has repaid billions of Swiss francs in emergency loans, freeing it of taxpayer-backed funding, Switzerland'
Kelvin Tay of UBS Global Wealth Management says China's economy still has huge growth potential over the long run, but the current weakness in the economy means big stimulus is needed and what Beijing
Hayden Briscoe, Asia Pacific head of multi-asset portfolio management at UBS Asset Management, shares his views on stock and fixed income markets in the region including China. He speaks with Haidi St

UBS Revamps Global Banking Division

01:22pm, Monday, 07'th Aug 2023
UBS Group AG is revamping the leadership of its investment banking division, as the lender presses ahead with its integration of former rival Credit Suisse. Bloomberg's Sonali Basak reports on who's
Yahoo Finance anchors Brad Smith and Julie Hyman report the latest stock market news including the S&P 500 starting the week in the green, Tesla (TSLA) shares falling after the EV maker announced Chie
Chris Harvey, Wells Fargo Securities head of equity strategy, and Jonathan Pingle, chief U.S. economist at UBS Investment Bank, join 'Squawk on the Street' to discuss what the latest Federal Reserve h
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