UBS
UBS looks to keep, grow shipping loans in post-merger green overhaul
UBS will look to increase lending to the shipping sector and run off some loans to fossil fuel clients inherited from Credit Suisse, executives told Reuters, in the biggest...
UBS ends Apollo management deal struck by Credit Suisse
UBS Group agreed to sell US$8 billion in unwanted assets to Apollo Global Management as part of the carve-out of Credit Suisse’s securitised products group, after renegotiating key parts...
UBS to sell US$8 billion loans to Apollo in revised SPG deal
UBS Group finalised a deal with Apollo Global Management for the carve-out of Credit Suisse’s securitised products group after renegotiating key parts of the accord.Apollo will purchase US$8 billion...
UBS to nearly double planned Hong Kong office and occupy entire tower
UBS Group will lease an entire 14-storey office tower in Hong Kong – almost double the space it initially planned – helping provide a vote of confidence for a...
UBS to boost Asia-sourced assets to 20% in five to six years: CEO
UBS plans to tap growth in Asia and increase assets sourced from clients in the region to 20 per cent in five-to-six years, chief executive Sergio Ermotti said on...
UBS to shut thousands of smaller Credit Suisse accounts in Asia
UBS Group is planning to shut smaller-value Credit Suisse accounts numbering in the low thousands at its Asia-Pacific wealth management arm to exit relationships with poor returns, according to...
Swiss financial regulator plans to stress-test UBS this year
SWISS financial regulator Finma said on Wednesday (Mar 20) it plans to carry out 40 reviews of UBS and two stress tests this year on the bank after its...
UBS powers past US$100 billion one year after Credit Suisse shock
ON THE first anniversary of UBS Group’s historic takeover of its former rival Credit Suisse, it is becoming clear just how advantageous the deal has been for the bank....
