UBS
UBS shuts some China private funds, will lay off staff: sources
HONG KONG, April 18 (Reuters) - UBS is shutting down some of its China private funds business and will lay off one-third of the staff as the Swiss bank...
UBS plans next round of layoffs in Credit Suisse integration
UBS Group is planning another round of job cuts as the firm continues to trim headcount following its rescue of Credit Suisse, according to sources with knowledge of the...
UBS, Nomura battle to sell rate products to Europe’s ultra rich
UBS Group and Nomura Holdings are making a push to sell sophisticated fixed-income products to the ultra wealthy in Europe, competing against firms such as BNP Paribas.
Switzerland’s biggest bank...
UBS faces capital hit as high as US$25 billion, minister says
UBS Group faces an increase in regulatory capital requirements that could reach US$15 billion to US$25 billion under reforms proposed in the wake of the collapse of Credit Suisse,...
UBS faces tougher rules in Swiss response to Credit Suisse rescue
SWITZERLAND’S UBS and three other systemically relevant banks must face tougher capital requirements, the Swiss government said on Wednesday (Apr 10), in an effort to shield the country from...
UBS weighs Credit Suisse China stake swap with Beijing government
UBS Group is in discussions to attain full ownership of its China platform by swapping its holding in Credit Suisse’s onshore securities venture with a Beijing government investment fund,...
UBS SuMi to acquire Credit Suisse’s wealth business in Japan
UBS’ joint venture (JV) company in Japan will acquire Credit Suisse’s wealth management business in the country, according to people familiar with the matter, following the lender’s takeover of...
Italy has room to consolidate banks: UBS chief
UBS Group chief executive officer Sergio Ermotti sees the potential for consolidation among Italian banks as a way to strengthen the country’s financial institutions.In an interview with Il Sole...
