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...
20 May, 2026, 10.22 AM IST
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 ...
09 May, 2026, 11.38 AM IST
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...
08 Apr, 2026, 03.49 PM IST
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...
10 Mar, 2026, 09.10 AM IST
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...
03 Feb, 2026, 05.35 PM IST
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...
13 Jan, 2026, 12.26 PM IST
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...
24 Sep, 2025, 09.41 PM IST
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...
19 Sep, 2023, 03.30 PM IST
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...
05 Aug, 2023, 08.45 AM IST
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...
16 Jul, 2022, 10.59 AM IST
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,...
11 Jul, 2022, 06.48 AM IST
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...
27 Jan, 2021, 09.30 PM IST
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.
09 May, 2019, 08.39 PM IST
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...
09 Nov, 2018, 11.31 PM IST
- 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...
22 Aug, 2012, 06.00 AM IST
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...
10 Jan, 2012, 05.32 PM IST
- UBS continues with job cuts in India, lays off 6 more
UBS, which has seen more than three high-profile exits in India in the past two months, has laid off six employees.
15 Sep, 2011, 01.00 AM IST