Topics: Swiss bank
UBS Achieves Billion-Franc Profit, Exceeds Expectations
Swiss bank UBS reports a billion-franc profit in Q3 2024, surpassing market expectations while advancing the Credit Suisse integration efforts.
Swiss bank UBS reports a billion-franc profit in Q3 2024, surpassing market expectations while advancing the Credit Suisse integration efforts.
Read moreUBS to Liquidate $2B Real Estate Fund Amid Office Slump
UBS plans to liquidate a $2 billion real estate fund as the office market faces significant downturn challenges. Discover the implications.
UBS plans to liquidate a $2 billion real estate fund as the office market faces significant downturn challenges. Discover the implications.
Read moreUBS Reports Billion-Dollar Profit Amid Credit Suisse Integration
Despite integration costs, UBS achieved a billion-dollar profit in Q2 2024, affirming progress in its Credit Suisse integration and cost-saving goals.
Despite integration costs, UBS achieved a billion-dollar profit in Q2 2024, affirming progress in its Credit Suisse integration and cost-saving goals.
Read moreUBS Sells Credit Suisse Insurance-Linked Investment Unit to Management Team
UBS Group AG sells its former Credit Suisse insurance-linked investment arm to its management team, advancing its restructuring strategy.
UBS Group AG sells its former Credit Suisse insurance-linked investment arm to its management team, advancing its restructuring strategy.
Read moreJulius Baer completes sale of Italian asset manager Kairos Partners to Anima Holding
Julius Baer completes the sale of Italian asset manager Kairos Partners to Anima Holding, marking a significant transaction in the financial industry.
Julius Baer completes the sale of Italian asset manager Kairos Partners to Anima Holding, marking a significant transaction in the financial industry.
Read moreSwiss postal service-owned bank PostFinance Launches Cryptocurrency-Inspired Perfume
PostFinance, the Swiss postal service-owned bank, is turning heads with its latest venture into fragrance. Discover the unique scent of Le Crypt Eau de Parfum, available for free at branches across Switzerland.
PostFinance, the Swiss postal service-owned bank, is turning heads with its latest venture into fragrance. Discover the unique scent of Le Crypt Eau de Parfum, available for free at branches across Switzerland.
Read moreSwiss National Bank Cuts Key Interest Rate to 1.5% Amid Low Inflation
The Swiss National Bank has made a surprising move by lowering its key interest rate to 1.5% in response to a dip in Swiss inflation to 1.2% in February. Stay informed with our latest analysis.
The Swiss National Bank has made a surprising move by lowering its key interest rate to 1.5% in response to a dip in Swiss inflation to 1.2% in February. Stay informed with our latest analysis.
Read moreThe Rise of Smartphone Banking in Switzerland: Fintech Newcomers vs Traditional Banks
Discover why traditional banks are outshining fintech newcomers in Switzerland's smartphone banking revolution. Stay informed on the latest trends in the industry.
Discover why traditional banks are outshining fintech newcomers in Switzerland\'s smartphone banking revolution. Stay informed on the latest trends in the industry.
Read moreUBS to Sell Credit Suisse Loans to Italian Firms
UBS Group is reportedly divesting its exposure to loans extended by Credit Suisse to low-rated Italian companies. The sale, facilitated by Goldman Sachs Group, is expected to be completed in the first half of January.
UBS Group is reportedly divesting its exposure to loans extended by Credit Suisse to low-rated Italian companies. The sale, facilitated by Goldman Sachs Group, is expected to be completed in the first half of January.
Read moreActivist Investor Cevian Makes €1.2 Billion Investment in Swiss Bank UBS
Cevian's 1.3% stake in UBS positions them as a top investor, expressing optimism for value appreciation after the takeover of Credit Suisse.
Cevian\'s 1.3% stake in UBS positions them as a top investor, expressing optimism for value appreciation after the takeover of Credit Suisse.
Read moreUnveiling the Secrets: How Troubled Swiss Banks Fought Back
The Swiss banking industry faced a challenging year in 2022 as the effects of the financial market fluctuations took their toll on the profits of local financial institutions.
The Swiss banking industry faced a challenging year in 2022 as the effects of the financial market fluctuations took their toll on the profits of local financial institutions.
Read moreThe Swiss Central Bank Continues to Raise Interest Rates to Deal with the Country’s Issues
The Swiss Central Bank (SNB) has recently announced its decision to raise interest rates by 0.25 percentage points, up to 1.75%. This is the fifth consecutive increase and is viewed as a proposed move to deal with problems related to usage status in the European country.
The Swiss Central Bank (SNB) has recently announced its decision to raise interest rates by 0.25 percentage points, up to 1.75%. This is the fifth consecutive increase and is viewed as a proposed move to deal with problems related to usage status in the European country.
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