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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 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, 2024BY Don Ma
  • China’s Economy Off to a Rocky Start in 2024; Its Inability to Recover Is a Global Risk, Say Analysts
    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, 2024BY Shawn Lin and Cathy Yin-Garton
  • Planned US Rare Earth Factory Tied to China Footprint
    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, 2023BY Tiffany Meier
  • Global Wealth Drops For First Time Since 2008 Financial Crisis
    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, 2023BY Bryan Jung
  • UBS to Pay $1.44 Billion to Settle 2007 Financial Crisis-Era Mortgage Fraud Case, Last of Such Cases
    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, 2023BY The Associated Press
  • IMF, International Investment Banks Cut China’s GDP Forecasts in July
    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, 2023BY Alex Wu
  • UBS Completes Takeover of Credit Suisse in Deal Meant to Stem Global Financial Turmoil
    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, 2023BY The Associated Press
  • UBS Says Its Rescue of Credit Suisse Was a Rushed Deal With Unclear Risks
    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, 2023BY Tom Ozimek
  • UBS Reaps $28 Billion in New Money Amid Credit Suisse Fallout
    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, 2023BY The Associated Press
  • Standard Chartered CEO Warns Banking Sector Risks Will ‘Come Home to Roost’
    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, 2023BY Bryan Jung
  • Credit Suisse Rescue Package Rejected by Swiss Parliament
    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, 2023BY Reuters
  • Small Businesses File for Bankruptcy at Record Pace, Surpassing COVID Crash
    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, 2023BY Liam Cosgrove
  • Swiss Prosecutors Probe Credit Suisse Ahead of UBS Takeover
    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, 2023BY The Associated Press
  • Sergio Ermotti Returns as UBS CEO to Steer Credit Suisse Takeover
    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, 2023BY Reuters
  • When One Zombie Eats Another: Why UBS’s Rescue of Credit Suisse Changes Nothing
    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, 2023BY Michael Wilkerson
  • The Fed Is Running Two Policies at Once
    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, 2023BY Jeffrey A. Tucker
  • Credit Suisse Shares Crash to Record Low After Emergency Takeover
    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, 2023BY Tom Ozimek
  • The Swiss Banking Sector: More Holes than Swiss Cheese
    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, 2023BY Eric Abetz
  • Swiss Government: UBS to Take Over Credit Suisse for More Than $3 Billion
    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, 2023BY Emel Akan
  • UBS Plans More Share Buybacks as Wealth Management Shines
    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, 2022BY Reuters
  • Toronto Has the Highest Housing Bubble Risk in the World: Report
    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, 2022BY David Wagner
  • Fed to Stay Focused on Inflation, Markets Will Be Volatile: UBS Global Wealth
    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, 2022BY Reuters
  • UBS Shares Drop as Q2 Disappointment Flags Challenging Rest of Year
    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, 2022BY Reuters
  • Investment Banks Raise Oil Price Forecasts, Bank of America Targets $140 Barrel
    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, 2022BY Naveen Athrappully
  • UBS Remains Bullish on This Social Media Giant: Read Why
    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, 2022BY Benzinga
  • UBS Downgrades Adobe to Neutral, Slashes Price Target by 9.4 Percent
    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, 2022BY Benzinga
  • UBS Downgrades Salesforce.com to Neutral; Slashes Price Target by 16 Percent
    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, 2022BY Benzinga
TOP NEWS
  • Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
    2hr By T.J. Muscaro
    Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
  • Iran Launches First Missiles at Israel Since Ceasefire Agreement
    3hr By Jacki Thrapp
    Iran Launches First Missiles at Israel Since Ceasefire Agreement
  • Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
    4hr By Jack Phillips
    Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
  • Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
    4hr By Savannah Hulsey Pointer
    Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
  • US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
    6hr By Jacki Thrapp
    US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
  • US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
    7hr By Jacki Thrapp
    US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
  • Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
    7hr By Mercura Wang
    Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
  • Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
    11hr By Lawrence Wilson
    Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
  • US Bankruptcy Filings Increase 7 Percent Yearly
    12hr By Naveen Athrappully
    US Bankruptcy Filings Increase 7 Percent Yearly
  • Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
    19hr By Melanie Sun
    Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
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