UBS on the brink of Switzerland's 'too big to fail' reckoning: Since UBS rescued its stricken rival Credit Suisse a year ago, it has been waiting to hear how ...
reuters.com/business/finance/ubs-brink-switzerlands-too-big-fail-reckoning-2024-04-08/
UBS Pledges $2 Billion in New Buyback Plan Starting This Year: UBS Group AG said it would begin a new share buyback program of up to $2 billion beginning in 2024 ...
bloomberg.com/news/articles/2024-04-02/ubs-boosts-investor-returns-with-2-billion-2024-buyback-plan
Paid articlePaid
UBS to Sell $8 Billion Loans to Apollo in Revised SPG Deal: UBS Group AG finalized a deal with Apollo Global Management Inc. for the carve-out of Credit Suisse’s ...
bloomberg.com/news/articles/2024-03-27/ubs-apollo-agree-to-change-deal-terms-for-credit-suisse-s-spg
Paid articlePaid Global watchdog welcomes reform proposals for Swiss banking: Swiss proposals to better regulate its banking system and make it safer were welcomed by the ...
reuters.com/business/finance/global-watchdog-welcomes-reform-proposals-swiss-banking-2024-04-11/
UBS JV to acquire Credit Suisse Japan wealth management business: UBS said on Monday its Japanese wealth management joint venture with SuMi TRUST Wealth ...
reuters.com/business/finance/ubs-jv-acquire-credit-suisse-japan-wealth-management-business-2024-04-08/
Swiss lower house backs plan to claw back pay from rescued banks: Switzerland's lower house of parliament late on Wednesday clearly passed a motion to make ...
reuters.com/world/europe/swiss-lower-house-backs-plan-claw-back-pay-rescued-banks-2024-03-14/
Quick Glance: Swiss Lower House Approves Recovery Plan for Pay from Rescued Banks
- Switzerland's lower house of parliament unanimously passed a motion requiring senior management of a major bank to return half of their income from the previous decade if the bank has to be rescued with public funds.
- The motion, still to be debated in the upper house, was adopted a year after Switzerland provided billions of dollars in emergency liquidity for ailing Swiss bank Credit Suisse before it was acquired by UBS.
- According to the motion, top managers of a systemically relevant bank rescued by the government should reimburse 50% of their regular pay and bonuses from the past 10 years.
- The motion, introduced by a politician from the right-wing Swiss People's Party (SVP), specifically mentioned the 2023 Credit Suisse case and the 2008 rescue of UBS during the global financial crisis.
Swiss financial regulator plans to stress-test UBS this year: Swiss financial regulator FINMA said on Wednesday it plans to carry out 40 reviews of UBS and two ...
reuters.com/business/finance/swiss-financial-regulator-plans-stress-test-ubs-this-year-2024-03-20/
UBS Seeks to Sell Loans Credit Suisse Gave to Junk Italian Firms: UBS Group AG is planning to sell its exposure to a portfolio of loans that Credit Suisse made ...
bloomberg.com/news/articles/2023-12-19/ubs-seeks-to-sell-loans-credit-suisse-gave-to-junk-italian-firms
Swiss minister criticises big bank bonuses as UBS set for stricter rules: Switzerland's finance minister took aim at bonus excesses and inflated salaries at ...
reuters.com/business/finance/swiss-minister-criticises-big-bank-bonuses-ubs-set-stricter-rules-2024-04-10/
UBS's rescue of Credit Suisse has created new risks for Switzerland, OECD says: UBS's rescue takeover of Credit Suisse a year ago has created "new risks and ...
reuters.com/markets/deals/ubss-rescue-credit-suisse-has-created-new-risks-switzerland-oecd-says-2024-03-14/
UBS to Restart Buybacks After Progress on Credit Suisse Integration: UBS said it will resume share buybacks in 2024 after it reported a net loss for the fourth ...
wsj.com/business/earnings/ubs-swings-to-net-loss-restarts-buybacks-7c826349
Quick Glance: Record Profit for UBS from Credit Suisse Acquisition
- UBS achieved a record profit of $29 billion in 2023 from acquiring Credit Suisse.
- The book gain from the emergency acquisition of Credit Suisse was a major driver for this record profit.
- The total dividend for 2023 is set to increase by 27% to $0.70 per share.
- UBS plans buybacks of up to one billion dollars in the current year.
'Lose-lose situation': New Swiss bank laws could derail UBS' challenge to Wall Street giants
cnbc.com/2024/04/11/lose-lose-situation-new-swiss-bank-laws-could-derail-ubs-challenge-to-wall-street-giants.html
AT1 Bond Market Bounces Back from Credit Suisse Implosion: Demand for risky bank debt is booming again only months after Credit Suisse imploded
bloomberg.com/news/articles/2023-11-29/at1-bond-market-bounces-back-from-credit-suisse-implosion
Credit Suisse bank still looking for new staff: The ongoing integration of Credit Suisse into UBS does not yet affect the number of job offers that can be found ...
swissinfo.ch/eng/business/credit-suisse-bank-still-looking-for-new-staff/49042206
In contrast to Credit Suisse and Bank Bär, the major bank did not grant the Austrian financier any loans.
Financial Times: Karin Keller-Sutter is one of the most influential women of 2023
nzz.ch/schweiz/die-financial-times-kuert-karin-keller-sutter-zu-einer-der-einflussreichsten-frauen-2023-ld.1768405
Consequences of the Credit Suisse demise: Finma President is thinking about bonus return regulations
tagesanzeiger.ch/folgen-des-credit-suisse-untergangs-finma-praesidentin-denkt-an-boni-rueckgaberegelung-fuer-banker-157636937402
Hedge Fund BFAM Hires Ex-Credit Suisse Banker Eugene Fung: BFAM Partners (Hong Kong) Ltd. has re-hired Credit Suisse Group AG’s former co-head of global ...
bloomberg.com/news/articles/2023-12-14/hedge-fund-bfam-hires-ex-credit-suisse-banker-eugene-fung
Paid articlePaid Swiss finance minister on banking regulation: ‘We must act’: The Swiss government intends to submit proposals to parliament in the spring.
swissinfo.ch/eng/business/swiss-finance-minister-on-banking-regulation---we-must-act-/49087416
Exclusive: Two key UBS investors worry about bank's size, regulatory friction: UBS (UBSG.S) is forging ahead with its integration of Credit Suisse but two key ...
reuters.com/markets/europe/two-key-ubs-investors-worry-about-banks-size-regulatory-friction-2024-01-29/
Investors are going loco for CoCos: Thanks to miserable yields in stocks, AT1 bonds have gone from death-blow to go-go
economist.com/finance-and-economics/2023/11/23/investors-are-going-loco-for-cocos
Switzerland's UBS makes changes to executive board: UBS (UBSG.S) announced changes to its executive board on Wednesday as the Swiss bank presses ahead with its ...
reuters.com/business/finance/ubs-makes-changes-executive-board-2024-01-24/
Julius Baer pops myth of private bank prudence: Almost a year after the rescue of Credit Suisse, another fiasco has further debunked the myth of the prudent ...
reuters.com/breakingviews/julius-baer-pops-myth-private-bank-prudence-2024-02-01/
UBS’s Fears in Switzerland Are Realized: The bank faces higher demands from its government after the Credit Suisse disaster, but it could have been worse.
bloomberg.com/opinion/articles/2024-04-11/ubs-s-fears-in-switzerland-are-realized
REVEALED: The four 'Swiss' words you really need to know in 2023: As it does each year, the Zurich University of Applied Sciences (ZHAW) released on Tuesday its ...
thelocal.ch/20231128/revealed-the-four-swiss-words-you-really-need-to-know-in-2023
«The new Cumulus credit card is a success story»: Migros Bank takes several podium places in the Top Banks 2024 ranking. But the CEO is not happy with everything ...
handelszeitung.ch/banking/die-neue-cumulus-kreditkarte-ist-eine-erfolgsgeschichte-657998
Activist investor Cevian invests in Swiss bank UBS: Activist investor Cevian has acquired a 1.3% stake in the Swiss bank UBS.
swissinfo.ch/eng/business/activist-investor-cevian-invests-in-swiss-bank-ubs/49070758
Quick Glance: UBS: New Major Shareholder Cevian Sees UBS Stock at 50 Francs
- UBS gains uncomfortable major shareholder Cevian
- Swedish investor Cevian invests in UBS
- Cevian supports UBS President Kelleher's ambitions
- Kelleher and UBS openly express ambitions in the US market
Hits and misses: Lex truest on Credit Suisse, without credit on Truist: At the start of the year, the Swiss bank’s financial strength appeared the better of the ...
on.ft.com/48rYdLn
Joe Ackermann on the CS collapse: top banker speaks plainly: Former top Swiss banker Joe Ackermann has so far kept a low profile on the CS collapse ...
tagesanzeiger.ch/joe-ackermann-zum-cs-kollaps-spitzenbanker-spricht-klartext-757352556381
Paid articlePaid In contrast to Credit Suisse and Bank Bär, the major bank did not grant the Austrian financier any loans.
UBS to Renews Sponsorship of Swiss National Football Team: Sergio Ermotti, the Chief Executive Officer of UBS Group AG who is also president of a small football ...
bloomberg.com/news/articles/2023-12-05/ubs-s-football-loving-ceo-ermotti-renews-sponsorship-of-swiss-national-team
Switzerland Today: Today's briefing: dangers of carrying a pocketknife in Japan, laws on exporting war material, and finger-pointing on Credit Suisse.
swissinfo.ch/eng/briefing/switzerland-today/49071858
Swiss financial regulator says it will focus 'very strongly' on UBS -report: Switzerland's financial market regulator will focus "very strongly" on UBS (UBSG ...
reuters.com/business/finance/swiss-financial-regulator-says-it-will-focus-very-strongly-ubs-report-2024-02-02/
Do young Swiss still want to become bankers?: Swiss banking has undergone a radical shake-up over the past few years. What does the next generation think of ...
swissinfo.ch/eng/business/do-young-swiss-still-want-to-become-bankers-/49099954
Credit Suisse reinstates independent reviewer on Nazi account probe: Credit Suisse has reinstated an independent reviewer to oversee an investigation into the ...
reuters.com/sustainability/boards-policy-regulation/credit-suisse-reinstates-independent-reviewer-nazi-account-probe-2023-12-04/
Ex-Credit Suisse CEO elected to lead Ivory Coast's PDCI opposition party
reuters.com/world/africa/ex-credit-suisse-ceo-elected-lead-ivory-coasts-pdci-opposition-party-2023-12-23/
UBS CEO tells paper he's not convinced inflation is under control: The chief executive of Swiss banking giant UBS (UBSG.S), Sergio Ermotti, is not convinced ...
reuters.com/markets/us/ubs-ceo-tells-paper-hes-not-convinced-inflation-is-under-control-2023-12-17/
The year 2023 is coming to an end. Many things have shaken us - the end of Credit Suisse, the war in Ukraine, the earthquake in Turkey and Syria ... Show more
Top Swiss regulator open to idea of bankers paying back bonuses: The president of the Financial Market Supervisory Authority says a bonus clawback scheme is “on ...
swissinfo.ch/eng/business/top-swiss-regulator-open-to-idea-of-bankers-paying-back-bonuses/49094192
Switzerland Today: The economic outlook for 2024, and a peek inside the Swiss government's “Aladdin’s Cave”.
swissinfo.ch/eng/briefing/switzerland-today/49087992
Credit Suisse disbands China onshore wealth unit: Credit Suisse has dismissed its entire wealth management team in China, people familiar with the matter said.
swissinfo.ch/eng/business/credit-suisse-disbands-china-onshore-wealth-unit/49058760
A $275 billion market for high-risk bank debt has bounced back from a shock bondholder wipeout during the Credit Suisse rescue this year, but a bigger than expected slowdown in some major economies could test the market's revival
reuters.com/markets/rates-bonds/at1s-back-brink-challenges-remain-2023-12-13/
UBS (UBS US) Chair Kelleher Sees Challenging 2024 After `Easy' Cuts Done: Next year will be one of the most difficult in the process of absorbing Credit ...
bloomberg.com/news/articles/2023-11-28/ubs-chair-sees-shares-revalued-after-credit-suisse-fusion-done
Credit Suisse entities to pay $10 million over prohibited mutual fund services
reuters.com/business/finance/sec-says-credit-suisse-entities-pay-10-mln-over-prohibited-mutual-fund-services-2023-12-13/
Bank of England asks banks to report private credit exposure -sources: Britain's top financial regulator has asked banks active in the so-called private credit ...
reuters.com/world/uk/bank-england-asks-banks-report-private-credit-exposure-sources-2023-12-07/
UBS cut most jobs in sector following Credit Suisse takeover: The takeover of Credit Suisse by UBS has led to a reduction of at least 13,000 jobs at the combined ...
swissinfo.ch/eng/business/ubs-cut-most-jobs-in-sector-following-credit-suisse-takeover/49087360
Mega-bank M&A goes from impossible to imaginable: Big bank mergers are no longer taboo. Ever since the 2008 crisis bosses have considered consolidation between ...
reuters.com/breakingviews/mega-bank-ma-goes-impossible-imaginable-2023-12-28/
Ex-Credit Suisse CEO elected to lead Ivory Coast's PDCI opposition party
reuters.com/world/africa/ex-credit-suisse-ceo-elected-lead-ivory-coasts-pdci-opposition-party-2023-12-23/
Swiss bankers, read Dürrenmatt! Because what comes after CS-Aus and Benko credit?
nzz.ch/meinung/schweizer-banker-lest-mehr-duerrenmatt-ld.1773127
Ex-Credit Suisse chief Thiam eyes Ivory Coast 2025 presidential race: The former chief executive of Credit Suisse, Tidjane Thiam, on Friday submitted his ...
reuters.com/world/africa/ex-credit-suisse-chief-thiam-eyes-ivory-coast-2025-presidential-race-2023-11-17/
UBS still has to prove to Switzerland that it is not a "monster bank": The management at UBS don't like to hear it. Nevertheless, "monster bank" has been named ...
nzz.ch/meinung/die-ubs-muss-der-schweiz-noch-beweisen-dass-sie-keine-monsterbank-ist-ld.1767956
BNP Hires Ex-Credit Suisse Banker as APAC Strategic Equity Head: BNP Paribas SA has hired ex-Credit Suisse Group AG banker Lap Liang as head of strategic equity ...
bloomberg.com/news/articles/2023-12-28/bnp-hires-ex-credit-suisse-banker-as-apac-strategic-equity-head
Paid articlePaid How Swiss authorities bungled Credit Suisse oversight: About six months before Credit Suisse was sold to rival UBS in a weekend rescue, the head of the Swiss ...
reuters.com/business/finance/how-swiss-authorities-bungled-credit-suisse-oversight-2023-12-18/
Ex-Credit Suisse chief Thiam takes first step in campaign to lead Ivory Coast: Former Credit Suisse CEO Tidjane Thiam is taking his first major step into the ...
swissinfo.ch/eng/business/ex-credit-suisse-chief-thiam-takes-first-step-in-campaign-to-lead-ivory-coast/49061984
Healthcare costs cause Swiss greatest concern: Health and health insurance are the Swiss population’s biggest concerns, according to the Credit Suisse Worry ...
swissinfo.ch/eng/business/healthcare-costs-cause-swiss-greatest-concern/48998696
The UBS leadership speaks openly about Ermotti's upcoming successor question. Which candidates have a chance and what speaks against them: brnw.ch/21wFxz1
UBS CEO Ermotti Urges More Banker Accountability After Credit Suisse: UBS Group AG Chief Executive Officer Sergio Ermotti said Switzerland should have broader ...
bloomberg.com/news/articles/2023-11-23/ermotti-urges-more-executive-accountability-after-credit-suisse
UBS sells Credit Suisse private jet used by ex-chair in COVID breaches: The Dassault Falcon 7X, the same model of private jet owned by Taylor Swift ...
businessinsider.com/ubs-sells-credit-suisse-private-jet-used-by-ex-chair-in-covid-breaches-2023-12
Bank rescue package: Swiss government encounters resistance: The Federal Council wants to introduce a state liquidity guarantee for banks. However ...
swissinfo.ch/eng/business/bank-rescue-package--swiss-government-encounters-resistance/49031728
Switzerland Today: Good COP? Bad COP? Plus the Swiss Words of the Year.
swissinfo.ch/eng/briefing/switzerland-today/49013284
⚪️⚫️ It's #Matchday ⚽️ Credit Suisse Super League
🆚 @gc_zuerich ⌚️ 6pm
🏟️ Stadion Letzigrund#fclugano #lugano #FCL #GCZLUG #GrasshopperLugano #CSSL
78' Next changes at GC: Batista Meier and Abrashi come on for Seko and Schürpf.
_____Credit Suisse Super League, 33rd round
Servette FC - Grasshopper Club ... Show more
Match Detail Integration | Grasshopper Club Zurich
Match Detail Integration | Grasshopper Club Zurich
79' Change at GC: Meyer comes on for Abrashi.
_____
Credit Suisse Super League, 32nd roundGrasshopper Club Zurich - FC Lugano 0:1*
10' Celar (0:1)
Live ... Show more
Match Detail Integration | Grasshopper Club Zurich
Match Detail Integration | Grasshopper Club Zurich
84' Double substitution at GC: Mabil and Babunski come on for Abrashi and Schürpf.
_____
Credit Suisse Super League, 31st round
Yverdon Sport FC - Grasshopper ... Show more
Match Detail Integration | Grasshopper Club Zurich
Match Detail Integration | Grasshopper Club Zurich
78' Change at GC: Zukaj and Schürpf replace Seko and De Carvalho.
_____Credit Suisse Super League, 30th round
BSC Young Boys - Grasshopper Club Zurich 3:0*
6' ... Show more
Match Detail Integration | Grasshopper Club Zurich
Match Detail Integration | Grasshopper Club Zurich
How to tame UBS without making the bank toothless: Swiss government proposals to regulate Too Big to Fail banks meets sceptical response.
swissinfo.ch/eng/banking-fintech/how-to-tame-ubs-without-making-the-bank-toothless/75541822
Former Credit Suisse executives can keep bonuses: The former managers of the defunct major bank Credit Suisse will not be forced to repay their bonuses.
swissinfo.ch/eng/banking-fintech/former-credit-suisse-executives-can-keep-bonuses/75708901
Switzerland Is Revamping Its Financial System After Credit Suisse Collapse: The government is unveiling banking reform proposals, and a new regulator is in ...
bloomberg.com/news/articles/2024-04-04/switzerland-is-revamping-its-financial-system-after-credit-suisse-collapse
Paid articlePaid 76' Another change at GC: Paskotši and Batista Meier come into the game for Abels and Morandi.
_____
Credit Suisse Super League ... Show more
Match Detail Integration | Grasshopper Club Zurich
Match Detail Integration | Grasshopper Club Zurich
KEY DATA: SFC VS. GCZ: In the 33rd round of the Credit Suisse Super League there will be a meeting between GC Zurich and Servette FC ...
gcz.ch/news/artikel/1/eckdaten-sfc-vs-gcz-2/
80' Gooooooooool for GC! Fink with the equalizer!
_____Credit Suisse Super League, 28th round#GCZSG 1:1*
𝐉𝐨𝐮𝐫 𝐝𝐞 𝐦𝐚𝐭𝐜𝐡 ⚔️💙
🆚 Grasshopper Club Zurich
🏆 Credit Suisse Super League🕓 4:30 p.m.
🏟 Letzigrund Stadium
https://www.facebook ... Show more
KEY DATA: GCZ VS. LIE: In the 32nd round of the Credit Suisse Super League there will be a meeting between GC Zurich and FC Lugano ...
gcz.ch/news/artikel/1/eckdaten-gcz-vs-ls-1-1/
𝐌𝐀𝐓𝐂𝐇𝐓𝐀𝐆 🟡⚫ 🆚 GC Zurich 🏆 Credit Suisse Super League ⌚️ 8:30 p.m 🏟 Wankdorf Stadium 📱#YBGC 📺Matchcenter: BSC Young Boys - Grasshopper Club Zurich | NEWS ARCHIVE | BSC YOUNG BOYS - OFFICIAL WEBSITE 🎫Tickets: BSC Young Boys - Online ticket sales -#bscyb #ybforever #cssl
KEY DATA: YB VS. GCZ: In the 30th round of the Credit Suisse Super League there will be a meeting between GC Zurich and BSC YB. We have put together the key data ...
gcz.ch/news/artikel/1/eckdaten-yb-vs-gcz-2/
KEY DATA: GCZ VS. LS: In the 29th round of the Credit Suisse Super League there will be a meeting between GC Zurich and FC Lausanne-Sport ...
gcz.ch/news/artikel/1/eckdaten-gcz-vs-ls-1/
⚪️⚫️ It's #Matchday ⚽️ Credit Suisse Super League
🆚 Grasshopper Club Zürich
⌚️ 6pm
🏟️ Stadion Letzigrund
90' Goal for Winterthur: Burkart scores from the spot.
Laws also sees a yellow-red card after a foul in the penalty area.
_____Credit Suisse Super League ... Show more
rb.gy/b7fatc
rb.gy/b7fatc
KEY DATA: GCZ VS. SG: In the 28th round of the Credit Suisse Super League there will be an encounter between GC Zurich and FC St.Gallen 1879 ...
gcz.ch/news/artikel/1/eckdaten-gcz-vs-sg-2/
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