SINGAPORE, Dec 28 (Reuters) - The Monetary Authority of Singapore (MAS) has imposed a civil penalty of S$3.9 million on Credit Suisse AG for the bank's failure to prevent or detect misconduct by its r

2 REITs That Could Soar In 2024

08:05am, Wednesday, 27'th Dec 2023
REITs doubled after the 2020 crash. Valuations are today comparable, and some REITs could double again in the coming years. Here are two REITs that we are buying ahead of their recovery.
One of the beautiful aspects of the derivatives market is that you don't need to trade options to benefit from the underlying data; case in point is unusual options activity. Just like it sounds, this
Cevian Capital said it has taken a $1.3 billion stake in the bank, amounting to 1.3% of the company.
UBS AG stock climbed on Tuesday after Swedish activist investor Cevian Capital announced it was taking a €1.2 billion ($1.31 billion) stake and said shares should be able to double from here.
Cevian Capital has placed a bullish bet on UBS Group AG (NYSE:UBS) following its takeover of Credit Suisse earlier this year. Citing UBS's “significant value potential”, Cevian said on Tuesday th
Swiss financial giant UBS is making a new push in the U.S. investment-banking market—with more measured ambitions.
About six months before Credit Suisse was sold to rival UBS in a weekend rescue, the head of the Swiss central bank wanted to inject 50 billion Swiss francs ($57.6 billion) into the lender and nationa
UBS AG's effort to claw back millions paid to Credit Suisse dealmakers comes amid its effort to imprint its culture on the bank it bought earlier this year and keep a lid on ensuing costs, Bloomberg's
Credit Suisse Securities and two affiliated entities will pay more than $10 million to settle charges from the U.S. Securities and Exchange Commission that it allegedly provided certain prohibited ser
UBS Group AG (UBS) and Credit Suisse approve the merger between their parent banks, which is expected to be completed in 2024.
Mullen Automotive (NASDAQ: MULN ) stock has fallen lower by more than 99% so far this year, although the electric vehicle (EV) company believes that other entities are to blame for the decline. Yester
With UBS Group's (UBS) elevation in the global banking hierarchy, the bank will have to maintain an additional capital buffer of 1.5% for common equity loss absorbency.
Insiders and investors say the bank's board, headed by Urs Rohner, was ultimately responsible for its fate.
UBS Group AG (UBS) receives a judgment from a French top court regarding the reconsideration of its $1.95 billion penalty. However, the court continues to uphold its money laundering activities in the
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