UBS Group AG said Wednesday that it has decided to appoint Sergio P. Ermotti as its new chief executive replacing Ralph Hamers, and said the change is a result of its planned acquisition of rival Cred

UBS Brings Back Sergio Ermotti as CEO

01:53am, Wednesday, 29'th Mar 2023
UBS said its former leader Sergio Ermotti will return as chief executive, as the Swiss banking giant moves into a new era with its takeover of Credit Suisse.
Australian banks are well-positioned to deal with the pressures emanating from the recent bank runs in the United States, but their margins could be squeezed by the fierce competition for deposits, in

Banking Turmoil: What's Happening This Time?

04:46pm, Monday, 27'th Mar 2023
Investors can't catch a break from banking headlines, with fears of contagion taking the majority of focus as of late. And just over the weekend, investors were met with another significant headline.
(Kitco News) - Gold is the new green metal, at least according to UBS, which launched a new gold-backed ETF that has a carbon-neutral investment footprint.
UBS's CEO Ralph Hamers on Monday said the Swiss bank sees its government-orchestrated takeover of Credit Suisse as a growth opportunity, in an internal memo seen by Reuters.
UBS Global Wealth Management's CIO broke down how to position as markets face more volatility through 2023.
Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss UBS's Buy upgrade on Pinterest stock.
Pinterest stock could offer more than 25% upside if the company is able to drive revenue growth through improved advertising, according to a UBS analyst.  The analyst upped its rating for the social
Sight deposits held by the Swiss National Bank (SNB) jumped last week, data showed on Monday, suggesting that both Credit Suisse and UBS may have taken big chunks of emergency liquidity to secure thei

Make Your Own Bank Run On These Blue-Chip Yields

09:32am, Saturday, 25'th Mar 2023
Is it time for us contrarians to “buy the dip” in bank stocks?

More Tech Layoffs; Ongoing Bank Drama

09:00am, Saturday, 25'th Mar 2023
Plus, Jacob Goldstein, host of the podcast "What's Your Problem?," talks about bank runs.
The integration team tasked with merging Switzerland's two largest banks is to be headed by UBS's chief technology officer and Credit Suisse's chief operating officer, the Tages-Anzeiger newspaper rep
Before the lightning takeover of Credit Suisse, UBS was a top global wealth manager. With Credit Suisse, it's much larger.
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