Last year, just two local staff were given the title of managing director. But the smooth integration of Credit Suisse helped build a case for an increase.

A likely delay in tougher new capital rules for UBS has fed uncertainty about the outlook for the Swiss bank but also paused potentially onerous burdens as the Trump White House's drive to deregulate puts U.

New banking rules for UBS could face a long delay after Switzerland's finance ministry on Wednesday said it wanted lawmakers to decide on key capital requirements and that a referendum to approve them might be at least three years away.

Trillions were at stake as the Department of Labor, which plays a role in protecting U.S. private pension assets, sifted through the bank’s checkered history before giving UBS the green light.

External Content The drive has had an influence beyond US shores, too, spurring deregulatory initiatives in the UK and EU amid fears that these markets risk being rendered uncompetitive. In part because of this,

Credit Suisse employees in the UK who transferred to UBS when the two Swiss banks combined are still eligible for paid sabbaticals unlike their colleagues, highlighting disparities in staff benefits almost two years after the UBS rescue merger.

The Swiss government said it would seek lawmakers’ sign-off on how it should design capital rules affecting UBS Group AG, slowing down the likely implementation of higher requirements that the bank had fought stiffly against.

From the beginning, the Senate Budget Committee’s bipartisan goal was to ‘leave no stone unturned’ in pursuit of justice for those wronged by Nazi atrocities. Our investigation has dug up more than just stones – we’ve found boulders.

TMX VettaFi strengthens its fixed income capabilities Toronto, Ontario--(Newsfile Corp. - February 20, 2025) - TMX VettaFi, an indexing, digital distribution, analytics and thought leadership company and TMX Group subsidiary,

The story of Credit Suisse ended ignominiously in 2023. Shaken by bad bets and facing a run on its money from worried depositors, Credit Suisse was pushed into a shotgun marriage with rival UBS by Swiss authorities. The final blowup was much the same as that of any other bank: It came down to lending money to big clients who couldn’t pay it back.

TMX VettaFi, an indexing, digital distribution, analytics firm and a subsidiary of TMX Group, has acquired the Credit Suisse bond indexes from UBS Group. The acquisition is designed to strengthen TMX’s fixed-income indexing capabilities, said a news release Feb. 20.

UBS announced today that The Matthews Group, an advisor team based in the firm’s Bellevue office, has been named to the Forbes America’s Top Wealth Ma