UBS fined $387m over Credit Suisse misconduct—Fed
WASHINGTON, United States—The Swiss banking giant UBS has been fined close to $400 million for misconduct by its recently-acquired subsidiary, ...
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UBS to cut 35k jobs after Credit Suisse takeover
GENEVA, Switzerland—Swiss banking group UBS plans to cut 35,000 jobs at Credit Suisse—more than half its workforce—as part of the ...
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UBS embarks on ‘bumpy’ integration of Credit Suisse, faces tough moves
ZURICH, Switzerland—UBS said Monday that it had finalized the takeover of its former rival Credit Suisse, clearing the way for ...
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Asian markets mostly down as US inflation moves into focus
Asian markets struggled Tuesday as investors eyed the release of US inflation data later in the week that could play ...
Read moreOver $68 billion withdrawn from Credit Suisse prior to takeover by UBS
ZURICH—Tens of billions were withdrawn from Credit Suisse in the first three months of 2023, but its profit swelled as ...
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Salceda: PH in need of measures to stop collapse of banks
Albay Rep. Joey Sarte Salceda is pushing for a set of measures to protect the country’s banking system from “financial ...
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Stocks face volatility amid dovish US Fed
Local stocks are expected to continue facing volatility amid the dovish US Federal Reserve’s stance and the uncertainty on the ...
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UBS, Credit Suisse marriage may not lead to Swiss bliss
By Robin Millard Geneva, Switzerland—The marriage of UBS and Credit Suisse was hastily arranged to prevent a global financial meltdown—but ...
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UBS, Credit Suisse chiefs in the spotlight in wake of $53.7-b rescue deal
By Nathalie Olof-Ors ZURICH , Switzerland—The heads of Switzerland’s two biggest banks were set for further talks Sunday in which ...
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Credit Suisse chief unveils master plan to fix bank’s woes
New Credit Suisse chief executive Ulrich Koerner is set to unveil his strategic master plan on Thursday, aimed at turning ...
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Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.