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UBS AMERICAS
A stock trader’s guide to navigating rare ‘Super El Niño’As fears over the Iran conflict ease, investors are turning their attention to climate risk, with a potential “Super El Niño” emerging as a...
Why is US stock market down today? Dow Jones, S&P 500 and Nasdaq fall as inflation hits three-year high and Iran tensions shake Wall Street - Nvidia, Amazon and technology stocks leading today's declineUS stock market is under pressure again. Investors woke up to another sharp decline in the Dow Jones, S&P 500 and Nasdaq after fresh inflat...
Asian stocks rebound on Iran optimism, AI tradeAsian stocks rebounded, led by South Korea's Kospi, as Middle East tensions eased and artificial intelligence shares recovered. Wall Street...
UBS sees mixed outlook for Indian IT sector, mid-tier firms outperform large caps amid AI shiftIndian IT firms saw varied results in the last quarter. Mid-tier companies performed better than large ones. Artificial intelligence is cha...
Bank of America taps tech dealmaker Richard Hardegree as vice chair of M&A, memo showsBank of America has appointed Richard Hardegree as its new vice chair for mergers and acquisitions. Hardegree, a seasoned banker with over ...
Swiss banks to test possible uses for Swiss franc stablecoinSix Swiss banks are collaborating to explore stablecoin uses. They will launch a digital sandbox in 2026 to test a Swiss franc-pegged stabl...
Senior bankers quit for rivals as Asia talent fight intensifiesSenior bankers in Asia are increasingly switching firms as deal activity in the region picks up, triggering fresh hiring and poaching among...
US lawmaker flags hundreds of Nazi-linked accounts at Credit SuisseAn investigation has uncovered 890 accounts at Credit Suisse with possible Nazi connections. These include previously unknown wartime accou...
UBS CEO Ermotti to step down in April 2027 after steering Credit Suisse integration: ReportsUBS CEO Sergio Ermotti is reportedly planning to step down in April 2027, having guided the bank through the Credit Suisse takeover. He had...
Fermi America launches IPO to fund next-gen AI-Powered electric gridFermi America is launching its IPO to raise funds for a next-generation electric grid that powers AI technology. The company will sell shar...
Momentum is pretty positive: UBS CEO Sergio ErmottiUBS's CEO said that the momentum is pretty positive at the Swiss bank. Ermotti said last week that he plans to stay at the bank's helm thro...
UBS nears major investment bank restructuring -sourcesThe changes are broad and involve several dealmaking groups, including healthcare, consumer/retail, financial sponsors and equity capital m...
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 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,...
UBS Wealth says it’s time to bet big on emerging markets sharesA reviving global economy helped by vaccine rollouts, reduced uncertainty around U.S. foreign policy, a weaker dollar, stronger commodities...
World’s rich put a third of funds into cash as trade war simmersAccording to a UBS survey released on May 7, 32% of high-net-worth portfolios are in cash.
U.S. sues UBS, alleges fraud in mortgage securitiesUBS was accused of misleading investors about the quality of billions of dollars of subprime and other risky mortgage loans backing 40 secu...
- UBS CIO Alexander Friedman planning a push by Swiss banks to develop performance track record
Friedman is masterminding a push by Switzerland's biggest bank to develop a performance track record that will attract rich clients as Swis...
Bank of America Merrill Lynch to lay off 15 MDs in Asia: ReportBank of America Merrill Lynch aims to cut about a fifth or about 15 of its total managing directors in Asia as part of a reshuffle at the t...
- Reliance Industries to take FCCB route to raise $1 bn
RIL plans to raise more than $1 billion by selling bonds to foreign investors to fund shale gas ventures in the US and investments.