Real EstateTop StoriesUBS to get rid of Credit Suisse’s real estate and mortgage businessesGBO CorrespondentAugust 22, 2024 GBO CorrespondentAugust 22, 2024 UBS has agreed to sell Credit Suisse's US mortgage servicing business, UBS...
Banking and FinanceTop StoriesSwitzerland authorities draw flak in Credit Suisse collapse probe: ReportGBO CorrespondentJuly 18, 2024 GBO CorrespondentJuly 18, 2024 Credit Suisse collapsed in March 2023 and was taken over by longstanding...
Banking and FinanceIssue 03 - 2023MAGAZINEUBS-Credit Suisse merger: What’s next?GBO CorrespondentSeptember 15, 2023September 20, 2023 GBO CorrespondentSeptember 15, 2023September 20, 2023 According to sources, several fund managers who own UBS stock believe the...
Banking and FinanceTop StoriesUBS registers record profit beat, announces job cuts amid stock market highsGBO CorrespondentSeptember 7, 2023September 7, 2023 GBO CorrespondentSeptember 7, 2023September 7, 2023 UBS said that the result primarily reflected USD 28.93 billion in negative...
Banking and FinanceTop StoriesFINMA blocks Saudi National Bank’s attempt to increase Credit Suisse stakeGBO CorrespondentJuly 18, 2023 GBO CorrespondentJuly 18, 2023 Through the transaction, Saudi National Bank was able to reduce its share...
Banking and FinanceIssue 02 2023MAGAZINEAT1 bonds: New danger to markets?GBO CorrespondentJune 30, 2023June 30, 2023 GBO CorrespondentJune 30, 2023June 30, 2023 AT1 bonds came into being in the wake of the 2008 financial...
Banking and FinanceTop StoriesAs UBS finalizes Credit Suisse transformation, Swiss National Bank considers regulationGBO CorrespondentMay 11, 2023 GBO CorrespondentMay 11, 2023 UBS was working on closing its merger with Credit Suisse by the...
Banking and FinanceTop StoriesGlobal central banks continue to combat inflation in MarchGBO CorrespondentApril 7, 2023April 7, 2023 GBO CorrespondentApril 7, 2023April 7, 2023 The Fed and other central banks made clear banking troubles would not...
Banking and FinanceTop StoriesBanking turmoil has potential to trigger financial crisisGBO CorrespondentMarch 29, 2023March 29, 2023 GBO CorrespondentMarch 29, 2023March 29, 2023 Following the failure of startup-focused lender Silicon Valley Bank, Australia's banking regulator...
Banking and FinanceTop StoriesAmid banking crisis, Fed Chair Jerome Powell decides against relaxing monetary policiesGBO CorrespondentMarch 24, 2023 GBO CorrespondentMarch 24, 2023 Fed chair Jerome Powell has now called SVB an outlier that had...