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News

UBS Sees $35 Billion Gain on Credit Suisse

UBS Group AG expects to make a profit of about $34.8 billion following the emergency takeover of Credit Suisse Group AG.

News

UBS to Buy Credit Suisse, While Central Banks Try to Soothe Market Turbulence

UBS Group will buy Credit Suisse Group for 3 billion Swiss francs ($3.23 billion) in a historic deal backed by Swiss authorities, as problems in the global banking sector persist

Finance & Economics

Who Is and Isn’t Feeling the Unofficial Recession?

“The credit market is clearly telling the equity market: we don’t see a recession, and if we do see one, it will be a mild one,” says head of international fixed income at NatAlliance Securities, as quoted by the Financial Times. And yet, the current inflation is deemed “the hottest” in four decades. The first […]

News

UBS Enables Remote ID Verification with NFC and Biometrics

Swiss customers can now open a bank account using their mobile phones and biometric passports

Blockchain & Crypto

Top 10 banks that are investing in blockchain

Let’s find out what financial institutions are investing in the blосkсhаіn technology more than others