Cerebras to raise IPO price range to $150-$160 as demand surgesCerebras Systems plans to increase its IPO size and price. Demand for its artificial intelligence chips is surging. The company is consider...
11 May, 2026, 06.21 AM IST
AI chipmaker Cerebras is said to target up to $4 billion in IPOAI chipmaker Cerebras Systems is preparing for a massive initial public offering. The company aims to raise up to four billion dollars, val...
02 May, 2026, 08.58 PM IST
UBS Group AG sells shares of 7 Indian companies worth Rs 4,961 croreUBS Group AG sold shares of seven companies, including Oil India and Dixon Technologies, for Rs 4,961 crore through open market transaction...
30 Aug, 2024, 10.19 PM IST
IPO allotment fraud: Fraudsters impersonating UBS Group, duping people; how to avoid stock market scamsStock market scam: Preying on your greed for more money, fraudsters are impersonating UBS Group AG and its subsidiaries USB Securities Indi...
03 Aug, 2024, 03.48 PM IST
Credit Suisse ceases to exist as UBS wraps up takeover"Today, Credit Suisse AG has been deregistered in the Commercial Register of the Canton of Zurich," UBS said in a statement on Friday. It "...
01 Jun, 2024, 12.53 AM IST
UBS aims to avoid using $10 bln Credit Suisse backstop amid backlashIn June, UBS reached an agreement with the Swiss government under which the government will guarantee up to 9 billion Swiss francs ($9.98 b...
03 Jul, 2023, 09.25 AM IST
CCI clears merger of Credit Suisse Group with UBS GroupIn India, UBS is primarily focused on brokerage services, while Credit Suisse's businesses comprise wealth management and investment bankin...
19 May, 2023, 12.09 AM IST
UBS says it was rushed into unwanted Credit Suisse rescue mergerUBS, in a Tuesday filing to the U.S. Securities and Exchange Commission, told investors it had less than four days to conduct due diligence...
17 May, 2023, 11.04 AM IST
UBS chief draws up Credit Suisse leadership shortlistDixit Joshi, chief financial officer, Francesca McDonagh, chief operating officer, and André Helfenstein, head of the Swiss business, are m...
06 May, 2023, 05.34 PM IST
Federal Reserve backs UBS purchase of Credit Suisse US unitsLast month, UBS agreed to buy Credit Suisse in a historic, government-brokered deal. The move came after Credit Suisse endured a series of ...
15 Apr, 2023, 09.38 AM IST
UBS weighs retaining Credit Suisse unit serving India’s richUBS Group is considering the retention of Credit Suisse's Indian private banking unit after the emergency rescue of its rival last month. I...
12 Apr, 2023, 10.48 AM IST
UBS sends Iqbal Khan to stem Credit Suisse’s private banker exits; vows retention packages for Asia staffKhan signaled during his Asia trip that relationship managers should stick around until the merger closes because UBS would be willing to o...
24 Mar, 2023, 02.51 PM IST
UBS likely to shrink Credit Suisse's $10 bln shipping portfolio: ReportUBS could also try to sell the portfolio, but doing so could prompt owners to move their accounts elsewhere, the WSJ reported, citing peopl...
23 Mar, 2023, 12.14 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
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...
20 Jul, 2021, 12.25 PM IST
Byju's to raise $150 million in funding from UBS at $16.5 billion valuationThe investment will catapult the Bengaluru-based firm as India’s most valuable startup, ahead of digital payments giant Paytm, which is cur...
30 Apr, 2021, 08.44 AM 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