UBS Group AG forked out about $500 million to key Credit Suisse staff to make sure they wouldn’t leave during the uncertainty following the emergency rescue earlier this year.
Wall Street Bosses in Hong Kong See Financial Dangers EverywhereHK Summit Latest: Home Curbs May Ease If Prices Keep FallingMTN Boosts its Network in Home-Market South AfricaAramco Keeps Payout at $29 Billion in Boon for Saudi CoffersRBA’s Bullock Delivers First Hike as Governor to Cool InflationCitadel’s Ken Griffin Says Global Investors Have to Invest in ChinaAdyen Faces Test of Confidence as Investors Doubt Growth StoryChina’s Exports Record Bigger Slump Than Expected in OctoberWorld-Beating...
5 Billion DealIndonesia Returns to Dollar Sukuk Debt Market After 18 MonthsWall Street Bosses in Hong Kong See Financial Dangers EverywhereHK Summit Latest: Home Curbs May Ease If Prices Keep FallingMTN Boosts its Network in Home-Market South AfricaUBS Posts First Loss Since 2017 Amid Credit Suisse IntegrationUK’s Greenest Buildings Defy Property Crisis With Better ReturnsGoogle Play’s ‘Bribe and Block’ Tactic Hurt Rivals, Epic SaysPrivate South Africa Port Project Set to Boost Manganese...
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Credit Suisse Banker Who Created ESG Swaps Gets Senior UBS RoleThe Credit Suisse executive who built an ESG debt-swap market that’s now attracting some of the world’s biggest banks has secured a senior role within UBS Group AG, according to an internal memo seen by Bloomberg.
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UBS Posts First Loss Since 2017 Amid Credit Suisse IntegrationUBS Group AG posted its first quarterly loss in almost six years, as the ongoing integration of Credit Suisse drags on the Swiss lender’s performance.
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German Giants Pour Over $500 Million Into AI Startup Aleph AlphaA consortium of German industrial giants and financial investors have committed more than $500 million to Aleph Alpha GmbH, an artificial intelligence startup trying to build a European rival to the large language models created OpenAI and Google.
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After 25 Years of Research at UBS, Ojeda Becomes a Fund ManagerBosco Ojeda is moving to fund management after working for almost 25 years at UBS Group AG, lately as head of European small- and mid-capitalization companies equity research.
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UBS reports Q3 loss amid integration expensesUBS Group reported a $785 million third-quarter loss on Tuesday after booking $2.1 billion in expenses tied to the Swiss bank's takeover of fallen rival...
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