Lucian Freud, Double Portrait, (1988-90). © The Lucian Freud Archive/Bridgeman Images/Courtesy UBS Art Collection UBS, a Switzerland-based global financial services firm, is drawing from its art collection to…
Read more UBS Is Hosting a Major Exhibition of Lucian Freud Works(Bloomberg) –Credit Suisse reinstated Neil Barofsky as an independent ombudsperson to oversee the Swiss bank’s review into its history of servicing Nazi-linked accounts. The decision was announced Monday…
Read more Credit Suisse reinstates independent overseer for Nazi-account probeUBS Group AG this week eliminated about a dozen jobs in its US investment bank as part of its integration of Credit Suisse, according to people with knowledge…
Read more UBS cuts about a dozen US bankers as part of its Credit Suisse integration | Bank Automation NewsUBS Group AG invested in onboarding technology through enhanced know-your-customer and anti-money laundering processes in the first quarter, which will ultimately aid the bank’s onboarding of Credit Suisse…
Read more UBS ups tech spend 11% in Q1 | Bank Automation NewsCredit Suisse reported higher operating expenses during the first quarter as the financial institution invested in software, shrunk its team and continued restructuring efforts amid its acquisition by…
Read more Credit Suisse discloses $73M in software investments in Q1 | Bank Automation NewsIndia’s financial system remains “completely” insulated from the recent developments in the US and Switzerland, said RBI Governor Shaktikanta Das. The recent developments in the US include the…
Read more India’s financial system insulated from developments in US, Switzerland: DasJPMorgan Chase CEO Jamie Dimon said in his annual letter to shareholders on Tuesday that the deposit crisis rattling the banking industry is “not yet over” and could affect the…
Read more JPMorgan Chase CEO Jamie Dimon says the banking crisis isUBS’ acquisition of the failing Credit Suisse reframes the European banking market, but also presents significant technological challenges for UBS. The $1.5 trillion, Zurich-based UBS moves from “too…
Read more 3 tech issues UBS faces with Credit Suisse purchase | Bank Automation NewsDuring the 2008 financial crisis, so-called too-big-to-fail banks were deemed too large and too intertwined with the U.S. economy for the government to allow them to collapse despite…
Read more Years after the housing crash, the specter ofThe Additional Tier (AT)-1 bond market has polarised towards large/quality banks post the writedown of these bonds aggregating ₹8,415 crore by Yes Bank in the fourth quarter of FY20,…
Read more AT-1 Bonds: Market has become polarised towards larger/ quality banks, says JefferiesUBS Group AG erased losses while investors digested the drawbacks and potential upside of its Credit Suisse Group AG takeover, a deal that forces it to wind down…
Read more UBS Erases Losses as Investors Weigh Credit Suisse Deal Impact | Bank Automation NewsWe’ve detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser. We’ve detected you are on Internet Explorer. For the best…
Read more Credit Suisse, UBS, First Republic, and More Stock Market MoversGENEVA, Switzerland (AP) — Banking giant UBS is buying its smaller rival Credit Suisse in an effort to avoid further market-shaking turmoil in global banking, Swiss President Alain…
Read more Banking Giant UBS Acquiring Smaller Rival Credit Suisse To Avoid Market TurmoilThe European Central Bank has carried through with a large interest rate increase Thursday, brushing aside predictions it might dial back as US bank collapses and troubles at…
Read more Europe’s central bank hikes rates by 50 bps despite bank chaosCredit Suisse shares plummeted more than 20% at market open from the news that Saudi National Bank will not provide more funding to Credit Suisse. Saudi National Bank…
Read more Credit Suisse latest bank to tank | Bank Automation NewsCredit Suisse Group AG shares plunged and credit default swaps were near a distressed level after its biggest shareholder ruled out any additional support. Saudi National Bank Chairman…
Read more Credit Suisse sinks, fuelling $60 billion rout in European BanksBank of America, Citi, Credit Suisse and JPMorgan have launched a syndicated loan platform solution that captures bank data in real time. The new platform, Versana, aggregates and…
Read more Bank of America, Citi, Credit Suisse and JPMorgan launch loan platform | Bank Automation News
