For a bank, a loss of confidence is a fatal blow. After that occurred at several banks in the United States and Switzerland in the past few weeks, policymakers in […]
UBS AG
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Back to news homeUBS Agrees to Buy Rival Credit Suisse to Shore Up Global Market
Switzerland’s largest bank, UBS, agreed on Sunday to buy its beleaguered and longtime rival Credit Suisse for about $3.2 billion, the most drastic bid yet to arrest the financial panic […]
UBS Nears Deal to Buy Credit Suisse
The Swiss government is close to announcing a deal that would involve UBS buying Credit Suisse, its smaller, beleaguered rival, for about $1 billion, three people with knowledge of the […]
Wall Street Banks Are Getting Flexible on Working From Home
When Tom Naratil arrived on Wall Street in the 1980s, work-life balance didn’t really exist. For most bankers of his generation, working long hours while missing out on family time […]
China Evergrande Bond Payment Remains Uncertain
China Evergrande, the property giant whose financial troubles roiled global markets earlier this week, left investors in a state of uncertainty again on Thursday with the fate of an $83 […]
Volkswagen Aims to Use Its Size to Head Off Tesla
Volkswagen is going all in on electric cars, with plans to build battery factories in Europe, install a network of charging stations and slash the cost of emission-free travel.That was […]