Browsing Tag
Credit Suisse
4 posts
UBS capital showdown intensifies as Swiss lawmakers weigh a $20bn resilience bill
Switzerland’s upper house is preparing to vote on how UBS should capitalise its foreign subsidiaries, with rival proposals ranging from a hybrid AT1 solution to near-full common-equity backing. The decision could reshape the bank’s returns, shareholder distributions and commitment to its home market.
Can Lynne Fitzpatrick protect CME Group’s dominance as trading moves around the clock?
Lynne Fitzpatrick will become CME Group’s first female chief executive officer as the derivatives exchange confronts competition from cryptocurrency platforms, prediction markets and round-the-clock trading.
UBS exits Swisscard joint venture, American Express takes full control
In a major financial move, UBS Group has announced the sale of its 50% stake in Swisscard to…
Occidental Petroleum, Ecopetrol to develop Midland Basin properties
Occidental Petroleum and Ecopetrol have announced the formation of a joint venture to develop Midland Basin properties in…