Swiss authorities order cuts to remuneration of Credit Suisse top management
Credit Suisse also has to examine whether variable remuneration already paid out can be recovered.
Credit Suisse also has to examine whether variable remuneration already paid out can be recovered.
UBS and a global Asian bank have executed the first cross-border intraday repo transaction on Broadridge’s DLR platform.
HSBC, JPMorgan, Citi, Barclays, BofA, and UBS have managed to beat claims that they conspired to fix prices in the FX market.
The Swiss FINMA explains the basis for the complete write-down of the nominal value of AT1 capital instruments issued by Credit Suisse.
The UBS-Credit Suisse discussions were initiated jointly by the Swiss Finance ministry, FINMA, and the Swiss National Bank.
UBS is offering just CHF 0.25 per share for Credit Suisse, which would value CS at just USD $1B – only 1/7 of its current $7B market cap.
UBS has become a global strategic banking partner of Tenity, Switzerland’s leading innovation ecosystem in the area of fintech and insurtech.
From January 2010 through September 2021, UBS inaccurately reported OTC options positions to the LOPR in at least 7.1 million instances.
Rory Barnes joins UBS in London from Credit Suisse, where he worked for the past three years as VP eFX Sales EMEA.
FlexTrade Systems announces its first direct EU electronic execution between UBS Asset Management and JP Morgan.