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UBS agrees to buy banking rival Credit Suisse in emergency rescue The foundering Credit Suisse bank is set to be acquired by its rival UBS, the largest bank in Switzerland, in an emergency purchase meant to stave off a wider crisis in the global banking system. The $3.2 billion takeover of Credit Suisse by UBS…
” UBS AG launches digital bond settled on blockchain and traditional exchanges “ Swiss investment bank UBS AG introduced its hybrid digital bond on Nov. 3, claiming to be the world’s first publicly traded bond that’s settled on both blockchain-based and traditional exchanges. According to the bank, the digital bond has the same instrument structure,…
“# Crypto is an ‘untested asset category,’ says UBS CEO Ralph Hamers ” Ralph Hamers, CEO of Swiss bank UBS, has said he does not fear missing out on crypto. Speaking to Bloomberg on Tuesday, Hamers said, “Clients are looking at different alternatives, and they hear about crypto, and there is a bit of a…
“# ‘Investors stay clear’: UBS warns regulators could pop ‘bubble-like crypto markets’ ” Swiss multinational investment banking giant, UBS, has warned its clients that crypto assets cbe unsuitable for professional investors if regulatory pressure continues. In a note sent to clients last week, the global wealth management team at UBS said China’s latest crackdown had…
“#Swiss bank UBS will allow most employees to work from home permanently” UBS is banking on flexibility when it comes to working from home. Switzerland’s largest bank — striking a different tone from its American counterparts — said Monday it will allow most employees to permanently work from home at least some of the time,…
“#Credit Suisse, UBS reportedly held tie-up talks backed by both chairmen” If you want to watch Movies or TV series visit the Dizi.BuradaBiliyorum.Com The chairmen of UBS and Credit Suisse supported a merger of equals between Switzerland’s two largest banks during discussions earlier this year, Swiss magazine Bilanz reported on Wednesday, adding talks had since…