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UBS AG Newsletter
  • Banks rethink operations to cope with coronavirus in Asia 26 Feb 2020 22:24 GMT

    … Cathy Chan Global banks including UBS Group and Bank of America are … familiar with the matter. Banks are considering similar moves in … #39;s three biggest banks have warned that the virus … said. Representatives for the banks declined to comment on the …

  • Reserve Bank under pressure to cut rates in response to coronavirus 26 Feb 2020 16:08 GMT

    At the bank';s first meeting of … " on the economy. Loading UBS senior economist George Tharenou, who … support the economy the Reserve Bank would have to consider two …

  • Hang Seng Bank: Murky Outlook 26 Feb 2020 05:51 GMT

    … to Hang Seng Bank';s SME exposure. According to a UBS Group (NYSE:UBS) sell-side research report (not … respectively. Hang Seng Bank offers consensus forward FY2020 and … Metrics For Hang Seng Bank';s Hong Kong Banking Peers Stock Trailing P/ …

  • Best Indian Bank Stock for Decade Stalls as Succession Looms 26 Feb 2020 05:35 GMT

    … the country’s prolonged shadow banking crisis. Further uncertainty stems … the past six months,” UBS Group AG analysts led by … exposures among private sector banks -- ICICI Bank Ltd. in contrast … The IndusInd spokesman said the bank expects approval from the …

  • UBS, Credit Suisse's emergency plans are effective: financial watchdog 25 Feb 2020 06:07 GMT

    … ) - The emergency plans of UBS and Credit Suisse to deal … for the country’s big banks which FINMA ordered to be … plans of Credit Suisse and UBS as effective,” FINMA said. The … the other three systemically important banks - PostFinance, Raiffeisen and Zuercher …

  • Danske Bank Ex-CEO Faces $387M Lawsuit over Money Laundering Scandal 25 Feb 2020 00:27 GMT

    … proceedings against Denmark’s biggest bank, after it failed to properly … former senior collaborator of the bank,” the expectation is that … emailed response to questions. Danske Bank said it is “defending … in April. Blessing joined UBS in 2016 as co-head …

  • UBS releases diversity figures for Americas staff 24 Feb 2020 17:14 GMT

    … goal as “aspirational.” UBS’ disclosures come as banks and other large … consultancy Oliver Wyman. While banks have amped up their rhetoric … figures. In the UK, banks publish annual gender pay gap … Last week it named Dutch banker Ralph Hamers as CEO. ( …

  • Drama and Scandal Are Totally Normal at Europe’s Banks 24 Feb 2020 16:22 GMT

    … Barclays whistleblower. The London-based bank took two months to go … — the former head of investment banking at UBS Group AG — over a … would have agreed to honor UBS’s generous financial obligations … NV — despite the Dutch bank’s failings over money-laundering …

  • Barclays starts hunt for new boss as under pressure Jes Staley expected to leave bank next year 24 Feb 2020 14:42 GMT

    … Jes Staley expected to leave bank next year, reports claim … boss changes at other top banks  By Camilla Canocchi for … in other top banks, including Royal Bank of Scotland, UBS and Credit Suisse … replaced by head of the bank';s Swiss business, Thomas …

  • UBS cuts 2020 oil price forecast to $60/b over coronavirus impact 24 Feb 2020 11:55 GMT

    Swiss investment bank UBS trimmed its Brent oil price … , respectively, on previous forecasts, UBS said. Chinese oil demand will … its previous estimate, UBS said. Overall, UBS cut its 2020 global … market tighten, UBS said. As a result, the bank saw Brent prices …

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