UBS has reported its first quarterly profit since buying ailing rival Credit Suisse, marking a sharp turnaround from six months of losses that immediately followed the closure of the rescue deal.
The addition of Credit Suisse’s assets, paired with UBS’ own push to cut its operating expenses by $1 billion, saw the banking giant swing back into profit in the first quarter of 2024, as the ...
A banker-turned-anonymous-whistleblower will ask the Fourth Circuit on Wednesday to reinstate his False Claims Act suit alleging that Credit Suisse AG deprived the US government of over $1 billion by ...
The first merger of two global systemically important banks - orchestrated by Swiss authorities who feared that scandal-ridden Credit Suisse was on the brink collapse - was completed last June after ...
Swiss banking giant UBS on Tuesday said first quarter net profit rose 71 percent to nearly $1.8 billion, far exceeding expectations, after two quarters in ...
Nearly one million pounds worth of cocaine has been stolen from Stanley Police Station in the Falkland Islands, reported the local government. Twenty nine packets of cocaine seized by Falkland ...
UBS on Tuesday reported net income for January-March that was nearly triple estimates as the bank logged its first quarterly profit since taking over fallen rival Credit Suisse. The group's wealth ...
JOHANNESBURG, April 23 (Xinhua) -- South African police on Monday confiscated blocks of cocaine with a street value of 15 million rand (about 785,000 U.S. dollars) on board a cargo vessel ...
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