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UBS Group AG (NYSE: NYSE:UBS) and Credit Suisse (NYSE: CS) have both reported strong earnings for the first quarter of 2024, with UBS announcing a net profit of $1.8 billion and Credit Suisse matching...
GENEVA - The Geneva prosecutor's office, led by Yves Bertossa, has concluded its investigation into Credit Suisse for suspected money laundering activities connected to the actions of former banker...
HSBC has announced a series of key appointments to strengthen its Global Private Banking operations in the Middle East and North Africa (MENA), Switzerland, Israel, and Qatar. The recent hires are...
Credit Suisse, now a part of UBS, expects to report a third-quarter loss of approximately $1.6 billion due to the reclassification of loans related to its non-core and legacy businesses, as announced...
Investing.com - European stock markets retreated Friday, with better-than-expected U.K. growth data unable to overcome the unease generated by the rise in U.S. inflation. At 03:40 ET (07:40 GMT), the...
Investing.com -- UBS Group AG (SIX:UBSG) has said it could stand to lose around $17 billion from its planned merger with smaller rival Credit Suisse (SIX:CSGN), but noted that the tie-up will...
Investing.com - European stock markets drifted lower Tuesday, with losses in the banking sector weighing ahead of the start of big tech earnings season on Wall Street. At 04:05 ET (08:05 GMT), the DAX...
By Scott Kanowsky Investing.com -- U.S. futures point lower as investors look ahead to a wave of massive corporate earnings this week. Credit Suisse suffers significant first quarter outflows,...
By Peter Nurse Investing.com - European stock markets edged lower Monday, with investors cautious at the start of a week that includes key economic releases as well as earnings from the region’s top...
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