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India

Brenna Hughes Neghaiwi

Credit Suisse profit slides as wealth management fees fall

2:28pm IST

ZURICH Credit Suisse on Thursday posted a steeper-than-expected slide in third-quarter profit, as a surge in investment banking failed to offset a slowdown in wealth management and other headwinds it chalked up to exceptional circumstances.

UPDATE 4-Ermotti hands $1.5 bln buyback baton to Hamers after UBS profit blowout

20 Oct 2020

* Q3 net profit doubles to $2.1 bln, beating $1.6 bln forecast

UBS gives employees COVID bonus of one week's pay, softens career exit

20 Oct 2020

ZURICH UBS is giving lower-ranking employees an extra week's pay this year in light of the COVID-19 pandemic and adding a financial softener for employees looking to exit finance, the world's largest wealth manager said on Tuesday.

UBS gives employees COVID bonus of one week's pay, softens career exit

20 Oct 2020

ZURICH UBS is giving lower-ranking employees an extra week's pay this year in light of the COVID-19 pandemic and adding a financial softener for employees looking to exit finance, the world's largest wealth manager said on Tuesday.

UBS gives employees COVID bonus of one week's pay, softens career exit

20 Oct 2020

ZURICH UBS is giving lower-ranking employees an extra week's pay this year in light of the COVID-19 pandemic and adding a financial softener for employees looking to exit finance, the world's largest wealth manager said on Tuesday.

UPDATE 2-Julius Baer warns of goodwill hit to FY as 9-month profitability rises

19 Oct 2020

* Bank flags 177 mln euro goodwill impairment for FY (Adds market reaction)

Barclays to enter new European private banking markets in 2021

07 Oct 2020

ZURICH Barclays plans to enter four new European private banking markets in 2021, its regional manager for the business told Reuters.

UBS mum on role in 'inevitable' European bank consolidation

24 Sep 2020

ZURICH UBS Chief Executive Sergio Ermotti joined other banking executives on Tuesday in declaring consolidation of the European sector "inevitable", declining comment on whether Switzerland's biggest bank plans to participate.

Expected bank merger wave puts Deutsche Bank on stand-by

22 Sep 2020

FRANKFURT/ZURICH Deutsche Bank is preparing for a wave of mergers, its finance chief said on Tuesday, in a potential change for Germany's biggest lender, which has been focused firmly on a turnaround.

UBS mum on role in "inevitable" European bank consolidation

22 Sep 2020

ZURICH UBS Chief Executive Sergio Ermotti joined other banking executives on Tuesday in declaring consolidation of the European sector "inevitable", declining comment on whether Switzerland's biggest bank plans to participate.

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