UBS ‘withholding documents’ from Credit Suisse Nazi-era probe; FSB warns on private credit links
Today’s need-to-know storiesUBS ‘withholding documents’ from Credit Suisse Nazi-era probe UBS is withholding more than 22,000 pages of…
UBS profits up 80% as Credit Suisse integration nears end; Lloyds profits rise 33% despite Middle East uncertainty
Today’s need-to-know storiesUBS profits up 80% as Credit Suisse integration nears end UBS posted a first-quarter net profit…
Switzerland advances proposed $20bn UBS capital increase; Goldman agrees settlement in lawsuit tied to 1MDB scandal
Today’s need-to-know storiesSwitzerland advances proposed $20bn UBS capital increase The Swiss government is standing firm on proposals for…
Swiss lawmakers urge UBS to curb lobbying over capital reforms; Russia challenges EU over €300bn asset freeze
UBS has been told by Swiss lawmakers to scale back its lobbying efforts and reduce chief executive Sergio…
Barclays blocked MFS transactions months before collapse; UBS board weighs extending Ermotti’s term, say reports
Today’s need-to-know storiesBarclays blocked MFS transactions months before collapse Barclays began blocking transactions linked to Market Financial Solutions…
BoE postpones key Basel reform to 2028; FCA eases prospectus rules in bid to revive UK capital markets
The Bank of England has postponed the implementation of a key component of the global Basel 3.1 banking…
JPMorgan in talks to bank Trump-led ‘Board of Peace’; Switzerland details post-Credit Suisse liquidity tools
JPMorgan is in discussions to provide banking services to the “Board of Peace”, a US-led body originally established…
EU cross-border bank M&A reaches highest level since 2008; US regulators edge closer to revised ‘Basel Endgame’ rules
Today’s need-to-know storiesEU cross-border bank M&A reaches highest level since 2008 Cross-border mergers between EU banks have reached…
Credit Suisse AT1 investors push for UBS settlement, say reports; Goldman in talks to buy Burger King Japan for $450mn
Swiss bondholders are pushing for a potential settlement with UBS after a court ruled that the SFr16.5bn ($20.8bn)…
UBS chair warns of systemic risks in insurance sector; European banks’ dollar exposure increasing, warns EBA
Today’s need-to-know storiesUBS chair warns of systemic risks in insurance sector UBS chair Colm Kelleher has warned that…