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UBS
TikTok Sues US Government Over Divest-or-Ban Law; Disney Reports Shrinking TV Business, Shares Tumble | Business Matters Full Broadcast (May 7)
TikTok sued on Tuesday to block a new law that requires the sale of the app from its Chinese parent company or its ban from app stores and web-hosting services. ...
May 7, 2024
BY
Don Ma
China’s Economy Off to a Rocky Start in 2024; Its Inability to Recover Is a Global Risk, Say Analysts
Since the start of the new year, Beijing's economic woes have deepened. The slide has been marked by ...
January 17, 2024
BY
Shawn Lin
and
Cathy Yin-Garton
Planned US Rare Earth Factory Tied to China Footprint
The Pentagon has plans for a rare earth magnet factory in the United States. The company it's tapping ...
September 26, 2023
BY
Tiffany Meier
Global Wealth Drops For First Time Since 2008 Financial Crisis
Most of losses heavily concentrated in wealthier and more developed regions, such as North America and Europe, which ...
August 18, 2023
BY
Bryan Jung
UBS to Pay $1.44 Billion to Settle 2007 Financial Crisis-Era Mortgage Fraud Case, Last of Such Cases
NEW YORK—UBS will pay U.S. authorities $1.44 billion to settle the last lingering legal case over Wall Street's ...
August 14, 2023
BY
The Associated Press
IMF, International Investment Banks Cut China’s GDP Forecasts in July
The International Monetary Fund (IMF) and global investment banks have slashed their forecasts again for China's GDP growth ...
July 26, 2023
BY
Alex Wu
UBS Completes Takeover of Credit Suisse in Deal Meant to Stem Global Financial Turmoil
BERLIN—UBS said Monday that it has completed its takeover of embattled rival Credit Suisse, nearly three months after ...
June 12, 2023
BY
The Associated Press
UBS Says Its Rescue of Credit Suisse Was a Rushed Deal With Unclear Risks
Switzerland's biggest bank UBS said that it was unable to carry out a comprehensive assessment of the assets ...
May 17, 2023
BY
Tom Ozimek
UBS Reaps $28 Billion in New Money Amid Credit Suisse Fallout
GENEVA—Swiss banking giant UBS said Tuesday that it took in $28 billion in new money from wealthy clients ...
April 25, 2023
BY
The Associated Press
Standard Chartered CEO Warns Banking Sector Risks Will ‘Come Home to Roost’
Standard Chartered CEO Bill Winters warned that the U.S. banking sector may face another crisis after avoiding a near ...
April 25, 2023
BY
Bryan Jung
Credit Suisse Rescue Package Rejected by Swiss Parliament
BERN—Switzerland's parliament rejected on Wednesday the government's 109 billion Swiss francs ($120.82 billion) aid for Credit Suisse's merger ...
April 13, 2023
BY
Reuters
Small Businesses File for Bankruptcy at Record Pace, Surpassing COVID Crash
Small businesses across the United States are experiencing a surge in bankruptcies, surpassing levels not seen since 2020, ...
April 5, 2023
BY
Liam Cosgrove
Swiss Prosecutors Probe Credit Suisse Ahead of UBS Takeover
GENEVA—The Swiss attorney general’s office says it has opened a probe into the events surrounding embattled bank Credit ...
April 3, 2023
BY
The Associated Press
Sergio Ermotti Returns as UBS CEO to Steer Credit Suisse Takeover
ZURICH—UBS Group AG has rehired Sergio Ermotti as CEO to steer its massive takeover of neighbor Credit Suisse—a ...
March 29, 2023
BY
Reuters
When One Zombie Eats Another: Why UBS’s Rescue of Credit Suisse Changes Nothing
Commentary What happens when one zombie eats another? All the disgusting and fetid zombie parts of the consumed ...
March 21, 2023
BY
Michael Wilkerson
The Fed Is Running Two Policies at Once
Commentary Last week was a grim reminder that the economic chaos of the lockdown period is far from ...
March 20, 2023
BY
Jeffrey A. Tucker
Credit Suisse Shares Crash to Record Low After Emergency Takeover
Credit Suisse shares dove by 63 percent in early trading on March 20 to a new low after ...
March 20, 2023
BY
Tom Ozimek
The Swiss Banking Sector: More Holes than Swiss Cheese
Commentary When someone says Switzerland, you might think of clocks and banks. All because of the country’s reputation ...
March 20, 2023
BY
Eric Abetz
Swiss Government: UBS to Take Over Credit Suisse for More Than $3 Billion
Investment banking company UBS has agreed to purchase its rival Credit Suisse in a deal worth more than ...
March 19, 2023
BY
Emel Akan
UBS Plans More Share Buybacks as Wealth Management Shines
ZURICH—UBS struck a confident tone on Tuesday, reaffirming key financial targets and pledging more share buybacks next year, ...
October 25, 2022
BY
Reuters
Toronto Has the Highest Housing Bubble Risk in the World: Report
Toronto has the highest housing bubble risk among the world’s major cities, according to a new report. The ...
October 13, 2022
BY
David Wagner
Fed to Stay Focused on Inflation, Markets Will Be Volatile: UBS Global Wealth
MUMBAI—The U.S. Federal Reserve will not back away from "talking tough" on the markets until there is significant ...
August 30, 2022
BY
Reuters
UBS Shares Drop as Q2 Disappointment Flags Challenging Rest of Year
ZURICH—UBS posted a smaller-than-expected quarterly profit as turmoil in financial markets hurt its investment banking and wealth management ...
July 26, 2022
BY
Reuters
Investment Banks Raise Oil Price Forecasts, Bank of America Targets $140 Barrel
Multiple investment banks have raised their crude oil price forecasts for the year, indicating a delayed respite from ...
June 9, 2022
BY
Naveen Athrappully
UBS Remains Bullish on This Social Media Giant: Read Why
UBS analyst Lloyd Walmsley raised the price target on Meta Platforms Inc. to $300 from $280 and kept a Buy rating on the ...
April 8, 2022
BY
Benzinga
UBS Downgrades Adobe to Neutral, Slashes Price Target by 9.4 Percent
UBS analyst Karl Keirstead downgraded Adobe Inc to Neutral from Buy with a price target of $575, down from $635. The price target ...
January 6, 2022
BY
Benzinga
UBS Downgrades Salesforce.com to Neutral; Slashes Price Target by 16 Percent
UBS analyst Karl Keirstead downgraded Salesforce.com Inc. to Neutral from Buy with a price target of $265, down from $315. The price ...
January 6, 2022
BY
Benzinga
TOP NEWS
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
2hr
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
3hr
By
Jacki Thrapp
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
4hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
4hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
6hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
7hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
7hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
11hr
By
Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
12hr
By
Naveen Athrappully
Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
19hr
By
Melanie Sun