Vietnamese businesses with dollar-denominated loans and/or those that are heavily reliant on imports have been badly hurt by the greenback’s surge against the local VND currency.
Executives at the Zurich-based bank say $27B in net new assets for the first quarter put the firm well on its way to its wealth management goals.
The rally in Wall Street stocks took a pause Tuesday while many overseas bourses pushed higher amid renewed optimism that the ...
The digital transformation of Europe’s banks gained momentum last year, with practically all banks reporting record numbers of new digital customers, transactions, and logins. As part of upgrading ...
Patrick Gorman, head of securitized product sales at BNP Paribas in New York is to join Nomura in a few weeks GlobalCapital understands.
UBS Group AG reported strong first-quarter FY24 results, with sales of $12.74 billion and net profit of $1.76 billion. The ...
UBS reported a return to profit in the first-quarter after losses in the previous two quarters, beating analyst estimates.
"Inflation is normalising and earnings are starting to pick up again, all at a time when valuations both in absolute terms, and relative to history, and against the United States, is still fairly low, ...
Stock markets on Tuesday continued to rally over optimism that the US Federal Reserve will cut interest rates this year.
Swiss lender UBS's shares surged in intraday trading Tuesday as cost-cutting drove a swing back to profitability, while it moved forward with absorbing Credit Suisse.
UBS stunned investors with a $1.8 billion first-quarter profit on Tuesday, saying it was sticking with share buybacks, easing ...
Results were nicely ahead on the top and bottom lines. Many positive trends from the last several quarters continued, with ...