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School Assembly News Headlines, October 16, 2026: Check national, international, business, sports updates and thought of the dayCurrent school assemblies are incorporating news segments to educate students on vital global and local happenings. Recently, a tragic scho...- UBS weighs moving headquarters out of Switzerland over tougher capital rules: ReportUBS is currently evaluating various options for relocating its headquarters out of Switzerland. This consideration arises if lawmakers impl...
- Global Market | Shein set to raise $1.7 billion in Hong Kong IPO at $26.5 billion valuation: ReportsShein is expected to price its Hong Kong IPO near HK$48.56 per share, raising about $1.7 billion at a $26.5 billion valuation. The listing ...
- Global Market: Shein valuation falls 70% from peak as Hong Kong IPO targets $1.77 billionShein launched its Hong Kong IPO at a valuation of up to $27 billion, around 70% below its 2022 peak, as slowing growth, rising costs and r...
- Global Markets: Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPOShein is set to launch its Hong Kong IPO with an ambitious goal of raising up to $1.8 billion. However, the company's valuation has plummet...
- Swiss bank UBS mulls move to US to avoid new rules: ReportUBS may relocate to the United States. This follows Swiss government proposals on capital needs. Senior UBS officials met with US authoriti...
- UBS steps up contingency planning as it tries to tame Swiss rules, sources sayUBS may shift its headquarters from Switzerland. This is due to the Swiss government's proposed capital rules. London is a possible alterna...
- 360 ONE to acquire UBS’s India wealth business in Rs 307 cr deal360 ONE WAM will acquire UBS AG's India wealth business for Rs 307 crore. The deal includes stock broking, portfolio management services, a...
- UBS and Credit Suisse: Similar Swiss banks with differing fortunesCredit Suisse is still looking shaky despite taking a $54-billion lifeline thrown by the Swiss central bank. Investors remain nervous about...
- Indian-American named President of UBS Americas, CEO of UBS Americas holdingHassan will join in the leadership role in October this year, from the Federal Reserve Bank of New York (FRBNY), and will succeed Tom Narat...
- UBS India chief Aashish Kamat quitsKamat will be replaced by UBS veteran Harald Egger who till recently was head of group corporate services and sourcing based at the investm...
- Vijay Mallya's key advisor Ravi Nedungadi stepping down from UB GroupEven though the group wanted him to continue, Nedungadi has decided not to extend his stint beyond the prescribed retirement age.
- iGate wins technology services contract from UBSUnder the terms of the contract, iGate will help UBS migrate towards a globally managed service for instrument reference data across all as...
- Kingfisher Airlines gains 1% on UB Holdings property sale reportsAt 11:15 am, Kingfisher Airlines was trading 1.5 per cent higher at Rs 13.48. It has hit a low of Rs 13.40 and a high of Rs 13.69 in trade ...
- Swiss protest giant UBS bailoutMore than 1,000 people protested Saturday at the headquarters of Swiss banking giant UBS in Zurich to show their anger at a 60-billion-doll...
- Global bank majors optimistic about Indian marketBanking sources say leading banks like UBS to ANZ are going ahead with expansion plans in India. 2008: Year of global financial crisis I To...
- Clients move assets worth $6b from Citi, UBS to Deutsche
- Heineken teams up with Carlsberg to bid for S&NIt is believed that a potential bid for S&N could come over $12 bn and UB with a current market cap closer to $2 bn may be a key element. C...
- IMF meet in Singapore may force bankers to relocateWhen 16,000 delegates descend on Singapore from next week for the annual IMF-World Bank meeting, some of the city-state’s resident bankers ...
- SABMiller brews success on UB shortfallBeer market leader United Breweries (UB), jointly owned by Vijay Mallya and Scottish & Newcastle (S&N), faced competitive heat this summer.
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