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UBS

Multinational investment bank

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UBS: Multinational investment bank
UBS Group AG is a Swiss multinational investment bank and financial services company founded and based in Switzerland. Co-headquartered in the cities of Zürich and Basel, it maintains a presence in all major financial centers as the largest Swiss banking institution in the world. UBS client services are known for their strict bank–client confidentiality and culture of banking secrecy. The bank's large positions the Americas, EMEA, and Asia Pacific markets make it a systemically important financial institution within the broader economy of Europe.

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HSBC profit nearly halves as bad loan fears mount [Video]

HSBC profit nearly halves as bad loan fears mount

Profit as HSBC nearly halved as the bank set aside more money in anticipation of a surge in bad loans. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:26Published
Cruise Bookings On The Rise For 2021 [Video]

Cruise Bookings On The Rise For 2021

Despite seeing COVID-19 outbreaks on cruises, bookings for cruises are rising in 2021. CruiseCompete.com saw a 40 percent increase in its 2021 cruise bookings compared to 2019. An analysis from Swiss..

Credit: Wochit News     Duration: 00:32Published

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Billionaires' wealth falls for first time since 2015

The world's richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical turmoil and volatile equity markets reduced the wealth of billionaires for the..
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Hurricane Dorian could cost insurers $25 billion: UBS

Hurricane Dorian, which battered the Bahamas early on Monday, could cause insurance industry losses of up to $25 billion, according to analysts at UBS.
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Barclays, JP Morgan among banks facing UK class action over forex-rigging

Barclays , JP Morgan , RBS , UBS and Citigroup are being sued by investors over allegations they rigged the global foreign exchange market, in a test of U.S.-style class actions in Britain.
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Climate protesters arrested outside Swiss banks

Environmental activists, seeking to pressure Swiss banks into halting the financing of fossil fuels, blocked entrances to Credit Suisse in Zurich and UBS in Basel on Monday before police intervened and..
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Factbox: U.S. banker Foresman in the Mueller report

UBS Vice Chairman Robert Foresman became part of Robert Mueller's Russia probe because of a series of approaches the banker made to the Trump campaign team.
Reuters - Published
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