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UBS offers retention packages to Credit Suisse Asia wealth bankers

March 24, 2023 11:16 am

UBS said on Sunday it would pay 3 billion Swiss francs ($3.23 billion) for 167-year-old Credit Suisse.

Logos of Swiss banks UBS and Credit Suisse are seen on an office building in Zurich, Switzerland March 19, 2023.

UBS & Credit Suisse: What will happen to the Swiss banks' Indian operations?

March 21, 2023 12:57 pm

The proposed takeover of Credit Suisse by UBS – both Swiss banks – is expected to witness consolidation of the Indian operations of both the banks. What is their presence here and how does the takeover affect them?

Meet the PU student who bagged package of 58.48 lakh/annum in UBS placement

December 23, 2022 9:33 am

According to PU sources, the top five companies in terms of the package offered are Tolaram (Rs 58.48 LPA), Trident (Rs 24 LPA), American Express (Rs 21.3 LPA), Dabur (Rs 15 LPA), Adani Group (Rs 14.5 LPA) and Korn Ferry (Rs 14.5 LPA).

World’s rich readying for major stock sell-off, UBS Wealth says

November 12, 2019 4:14 pm

A majority of rich investors expect a significant drop in markets before the end of next year, and 25 per cent of their average assets are currently in cash, according to a survey of more than 3,400 global respondents.

Loans to stressed companies jump 85% in three years

July 09, 2015 4:13 am

While strong growth could be partly driven by disbursements to already approved loans for projects, banks also seem to be supporting some accounts, leading to a stretched working capital cycle.

Regulators fine global banks $4.3 bn in forex probe

November 13, 2014 1:32 am

The US Office of the Comptroller of the Currency, which regulates banks, also fined the US lenders $950 million and was the only authority to penalise Bank of America.