UBS
UPDATED: Bank shares plummet as Credit Suisse rescue fails to quell contagion fears
By Amanda Cooper, Tom Westbrook and John Revill March 20 (Reuters) - Banking stocks and bonds plummeted on Monday as the hit…
ECB ready to help banks even as it hopes for calm after Swiss deal
FRANKFURT (Reuters) - The European Central Bank remains ready to support euro zone banks with loans if needed, ECB President Christine Lagarde…
UBS seals Credit Suisse takeover in bid to calm markets
March 19 (Reuters) - UBS UBSG.S sealed a deal to buy rival Swiss bank Credit Suisse CSGN.S to avoid further market-shaking turmoil…
UPDATED: UBS offers to buy Credit Suisse for up to $1 billion – FT
By Stefania Spezzati, Oliver Hirt and John O'Donnell March 19 (Reuters) - UBS Group AG UBSG.S has offered to buy Credit Suisse…
Number of global billionaires dwindles
The number of ultra-rich individuals and their total wealth has declined slightly this year, partly as a result of high volatility in…
Billionaires’ wealth falls for the first time in a decade
The world’s richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical…
Photo Story: Climate activists block Swiss bank Credit Suisse in Basel
A group of climate activists from the Collective Climate Justice organization block the entrance to the Swiss bank Credit Suisse, at the…
Five banks fined over a billion euros by EU
EU antitrust regulators on Thursday fined Barclays, Citigroup, JPMorgan, Mitsubishi UFJ Financial Group and Royal Bank of Scotland a total of 1.07…
EU antitrust fines in the pipeline for seven banks
Reuters reports that Barclays, Citigroup, HSBC, JPMorgan, Royal Bank of Scotland, UBS and a small Japanese bank and three other banks are…