UBS

UBS Group AG is a Swiss-based multinational investment bank and financial services company  based in Switzerland. It is the largest Swiss banking institution and the largest private bank in the world.

 

Top banks’ assets expanded 5.1% in 2023

Top banks’ assets expanded 5.1% in 2023

HSBC is a top performer, whilst China Merchant’s Bank saw fees decline.

Weekly Global News Wrap: Nomura eyes $10b US credit portfolio in 10 years; UBS CEO earned $15.9m

And JPMorgan Chase revamps investment banking and capital markets leadership.

Big banks, investors fund Endowus digital wealth leadership in Asia

It was able to raise $35m from global banks, existing investors, and four Asian billionaire families.

MAS forms Project Guardian Industry Group with 11 FIs

The report explores the application of CPMI-IOSCO principles for financial sector infrastructures to emerging models of digital asset networks. 

Bank of China Int'l Holdings issues first tokenised notes in Hong Kong

The product was derived from UBS, to which it marketed to its APAC clients.

UBS, Credit Suisse SG operations "uninterrupted" post-acquisition: MAS

Both banks will operate on separate licences in Singapore.

UBS to finalise Credit Suisse acquisition by 12 June

After the acquisition, Credit Suisse and American Depositary Shares will be removed from SIX and NYSE.

UBS appoints new CFO following Credit Suisse’s takeover

Todd Tuckner will take on the CFO post at the close of the acquisition.

Weekly Global News Wrap: UBS to retain only few Credit Suisse senior bankers; open banking to increase liquidity risk

And the UK must make it easier for banking staff to work remotely, says industry body. 

UBS buys Credit Suisse in “emergency rescue”

The $3.2b acquisition has the full support of Swiss financial regulators, UBS said.

Weekly Global News Wrap: US banks’ profits to fall; Crypto lender Celsius goes bankrupt

And UBS appoints Iqbal Khan as head of its wealth management division.

Weekly Global News Wrap: HSBC profits slide in 2021; UBS posts best Q1 profit in 15 years

And Swedish bank SEB signs up its first banking-as-a-service client.