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RALPH HAMERS
Lionel Messi misses Joe Biden's Presidential Medal ceremony: Reasons explainedLionel Messi was unable to attend the Presidential Medal of Freedom ceremony due to prior commitments. Despite his absence, President Biden...- George Soros, Hillary Clinton, and Denzel Washington to receive the highest US civilian honorOn Saturday, President Joe Biden will award the Presidential Medal of Freedom to 19 individuals, including Hillary Clinton, George Soros, D...
- Credit Suisse integration will take up to 4 years, says UBS chairmanEven with downside protection in the form of government support, there’s a “huge amount of risk in integrating these businesses,” Colm Kell...
- UBS shareholders to weigh in on Credit Suisse mega-mergerSome UBS shareholders may have concerns closer to home as to what it means for their personal investments now the bank is taking on an inst...
- UBS’s Kelleher says Credit Suisse integration bigger than 2008 crisis dealsUBS and Credit Suisse, the second-biggest bank in Switzerland, were both among the select banks around the world considered to be global sy...
- UBS turns to ex-CEO Ermotti to steer Credit Suisse takeoverSergio Ermotti, the current chairman of Swiss Re, is returning to the bank, where he was chief executive from 2011 to 2020, following the t...
- UBS tells employees: Don't divulge business secrets to your Credit Suisse colleaguesUBS hasn’t detailed how many jobs may be at stake from the merger, though it indicated the number will be significant. The firm said in a s...
- The one big winner and many losers of UBS’s Credit Suisse rescueCredit Suisse’s chief executive officer Ulrich Koerner, AT1 Bondholders, Credit Suisse’s Top Shareholders, and even the Swiss government it...
- Swiss bank employees "shocked" as UBS takes over Credit Suisse, demands job cuts be kept to minimumSwitzerland awoke on Monday to a new era after UBS agreed to take over the ailing Credit Suisse, with a bank employee association saying it...
- Credit Suisse says $17 bln of its debt now worthless, angering bondholdersFINMA, the Swiss regulator, said the decision would bolster the bank's capital. The move reflects authorities' desire to see private invest...
- Credit Suisse’s 9,000 job cuts are foretaste of UBS takeoverUBS Chairman Colm Kelleher said it’s too soon to know a job-cut number, but UBS indicated it will be significant. The firm said in a statem...
- UBS third-quarter profit slides 24% but ahead of expectationsDespite concerns around inflation, high energy prices, and geopolitical tensions, UBS saw a strong inflow of new money, attracting $17 bill...
- UBS quarterly profit underwhelms, flags 'uncertain' second halfUBS' performance comes after some U.S. rivals earned overall less money in the quarter due to drops in deal making and the selling of inves...
- UBS weighs elevating Iqbal Khan to head wealth managmentTom Naratil, who co-leads the private banking business with Khan, may keep his regional role as the head of UBS's business in the Americas,...
- Wealth management sends UBS profits soaringPre-tax profits on its wealth management business, the bank's traditional pillar, surged 47 percent from the same period a year ago to $1.2...
- UBS extends winning streak in Q2 as wealth management business boomsSecond-quarter net profit of $2.01 billion, up from $1.23 billion in the same quarter a year ago, far outpaced expectations for $1.34 billi...
- UBS executives earn bigger pot in 2020 pandemic yearFormer Chief Executive Sergio Ermotti, who left the bank in October, was awared a total 13.3 million francs in salary and bonuses for the f...
- UBS cuts Sergio Ermotti's pay after French court blow, overhauls bonus schemeUBS Chief Executive Sergio Ermotti, who is due to be replaced by ING head Ralph Hamers in November, was awarded a total 12.5 million Swiss ...
- UBS names ING chief Hamers to head Swiss banking giantUBS, the world's largest wealth manager, lowered its medium-term profitability targets in January under pressure from low interest rates an...
- Inside story of how Kotak sealed ING Vysya dealPredator turned prey — that seems to sum up the case of Kotak Bank and ING, a role reversal that came about six years after the meltdown of...
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