UBS buys Credit Suisse
Weekly Global News Wrap: UBS to retain only few Credit Suisse senior bankers; open banking to increase liquidity risk
Weekly Global News Wrap: UBS to retain only few Credit Suisse senior bankers; open banking to increase liquidity risk
And the UK must make it easier for banking staff to work remotely, says industry body.
Weekly Global News Wrap: Credit Suisse chairman apologises to shareholders; EU banks must be “conservative” with dividends, payouts
And JPMorgan Chase & Co CEO Jamie Dimon said banking crisis not yet over.
Weekly Global News Wrap: UBS appoints Sergio Ermotti as group CEO; French authorities search banks on suspicion of fiscal fraud
And a top US regulator said Silicon Valley Bank did a terrible job of managing risk.
Credit Suisse’s AT1 debt write down to raise market prices for new issuances
This could hamper issuance of new AT1 in the future.
India’s banks can withstand fallout from US bank failures, Credit Suisse sale
The companies have manageable exposure to these banks.
Weekly Global News Wrap: Credit Suisse’s $17.2b of bonds written down to none; Credit Suisse says clients may want to move assets after merger
And Hong Kong pushes to become a virtual asset hub.
UBS buys Credit Suisse in “emergency rescue”
The $3.2b acquisition has the full support of Swiss financial regulators, UBS said.
Thought Leadership Centre
Most Read
1. Japan’s SMFG eyes $1.1b additional investment in India’s Yes Bank: report 2. GXS Bank launches GXS Invest 3. Singapore and China reaffirm green finance cooperation 4. Hong Kong lenders consider making bad bank to offload $25b in soured loans 5. Singapore banks’ interest income expected to come weaker in Q2Resource Center
Read Here
Advertise
Sign Up
Event News
The bank was honoured for being a trusted wealth partner for high-net-worth clients and for setting a new standard in digital wealth management.
Commentary
Protecting against the mobile Trojan horse in your pocket
Beyond the code: How mobile banking is weaving a new financial narrative in Asia