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UBS Group AG (SIX:UBSG) (NYSE: NYSE:UBS) and Credit Suisse (SIX:CSGN) (NYSE: CS) have both reported strong earnings for the first quarter of 2024, with UBS announcing a net profit of $1.8 billion...
ZURICH (Reuters) - UBS's CEO on Tuesday said the majority of job cuts in its home market, Switzerland, will start from around the end of the year and continue into 2025 and 2026. In a call with...
By Lucy Raitano and Tommy Wilkes LONDON (Reuters) -European banking stocks hit their highest level since 2015 on Friday, helped by first-quarter earnings that beat forecasts and signalled lenders...
By Tommy Wilkes, Tom Sims and Jesús Aguado LONDON/FRANKFURT/MADRID (Reuters) - Investors should get a clearer picture this week of whether higher interest rates are still boosting European bank...
MADRID (Reuters) - Basel Committee Chair Pablo Hernandez De Cos on Thursday urged banks to fully implement the so-called Basel III international capital rules "as soon as possible" across...
By Stefania Spezzati LONDON (Reuters) - Switzerland called on Wednesday for changes to global measures to prevent liquidity crunches which were introduced after the global financial crisis, to make...
By John Revill BERN (Reuters) -Switzerland needs "strong financial sector reforms" in the wake of the state-engineered rescue takeover of Credit Suisse (SIX:CSGN) by UBS, the IMF said on Thursday,...
By Noele Illien ZURICH (Reuters) - UBS flagged on Thursday the downturn in commercial real estate markets as one of the "top and emerging risks" facing the Swiss bank, as higher borrowing costs and a...
ZURICH (Reuters) - The Swiss National Bank called on Thursday for adjustments to the regulation of systemically important banks in the aftermath of Credit Suisse (SIX:CSGN)'s collapse, so they have...
By Stefania Spezzati and Oliver Hirt LONDON/ZURICH (Reuters) -A year after the banking crisis that felled Credit Suisse (SIX:CSGN), authorities are still considering how to fix lenders'...
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