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UBS posts bigger-than-expected net profit in third quarter

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By Dave Graham ZURICH (Reuters) - UBS Group on Wednesday reported a forecast-beating quarterly net profit of $1.4 billion helped...
Bussiness

UBS sells its 50% stake in Swisscard to American Express

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ZURICH (Reuters) -UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank's 50%...
Bussiness

UBS Bankers Under Pressure From Lawyers to Rethink ESG Labels

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(Bloomberg) -- UBS Group AG is asking its bankers to rethink the way they discuss some sustainable products in public following advice from its...
Bussiness

UBS Must Revise Post-Takeover Emergency Plans, Finma Says

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(Bloomberg) -- UBS Group AG must revise its plans for emergency recovery and resolution to take account of the integration of Credit Suisse, Swiss...
Bussiness

Global Banks Embark on a New Wave of Product Innovation Targeting Nature

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(Bloomberg) -- Some of the world’s biggest banks are about to gather for talks, with the goal of monetizing a theme that until now...
Bussiness

UBS ‘bang on target’ with Credit Suisse integration, IT chief says

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By Oliver HirtZURICH (Reuters) - UBS's integration of former rival Credit Suisse's clients and data with its own platforms is "bang on target" after...
Sports

New Swiss central bank chief takes charge in shadow of Credit Suisse trauma

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By John RevillZURICH (Reuters) - As the Swiss National Bank's new chairman Martin Schlegel takes office this week, the jury is out on the...
Bussiness

Swiss regulator investigating Credit Suisse’s final months, report says

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ZURICH (Reuters) - Swiss financial market regulator FINMA ordered an audit into Credit Suisse's handling of events leading to its demise in 2023, when...
Bussiness

Swiss regulator investigating Credit Suisse’s final months, report says

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ZURICH (Reuters) -Swiss financial market regulator FINMA ordered an audit into Credit Suisse's handling of events leading to its demise in 2023, when the...
Bussiness

UBS industry customers increasingly critical, survey finds

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By John RevillZURICH (Reuters) - Nearly a quarter of Swiss industrial companies are unhappy with the service from UBS, notably in lending, since its...
Bussiness

UBS Should Increase Capital Levels, Central Bank Chief Tells NZZ

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(Bloomberg) -- UBS Group AG should set aside more capital, Swiss National Bank President Thomas Jordan told Neue Zuercher Zeitung.Most Read from Bloomberg“It’s in...

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