Tag: UBS Group

Finance

Banking Selloff Goes Global After SVB Trouble. HSBC, BNP Paribas, UBS Tumble.

03/10/2023
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The selloff in the banking sector spread across the globe on Friday after SVB Financial Group said it was forced to unload assets at a loss following a decline in deposits. HSBC (ticker: HSBA.UK), Eur...

Finance

Big Banks Predict Recession, Fed Pivot in 2023

01/02/2023
Bitcoin Ethereum News

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Finance

Banks Nearing $1 Billion Settlement Over Traders’ Use of Banned Messaging Apps

08/21/2022
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WASHINGTON—Many of Wall Street’s biggest banks are nearing agreements to pay as much as $200 million each and admit that their employees’ use of personal messaging apps such as WhatsApp violated regul...

Finance

If There’s a Recession Coming, Not Even the Fed Could Stop It Now

05/25/2022
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The word recession is on the tip of everyone’s tongue. Influential investor and philanthropist George Soros is talking about it in Davos. The Federal Reserve, on the day minutes are published, is cons...

Finance

Empty Private Jet Flights Hastened Credit Suisse Chairman António Horta-Osório’s Downfall

01/23/2022
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After relocating to Zurich last spring to run Credit Suisse Group AG CS -1.83% as chairman, António Horta-Osório flew to London and Lisbon for work meetings and business events, then spent time with h...

Finance

Credit Suisse Chairman Quits After Breaching Covid-19 Rules

01/17/2022
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Text size António Horta-Osório, former chairman of Credit Suisse AFP via Getty Images Credit Suisse Chairman António Horta-Osório has resigned only 8 monthsafter being appointed, following a board inv...