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Big Bank Update: UBS & Credit Suisse

Big Bank Update: UBS & Credit Suisse

The DOJ is investigating UBS and Credit Suisse due to allegations of regulatory failures surrounding sanctioned Russian clients. Find out more in this article.

Why Is UBS Buying Its Rival Credit Suisse?

Why Is UBS Buying Its Rival Credit Suisse?

Following SVB’s collapse it seems that the banking industry is suffering the consequences. On Sunday, it was revealed that UBS is purchasing its rival, Credit Suisse. What could be behind this emergency purchase and how is the market responding?

How Will Huge Archegos Losses Affect UBS Shares?

How Will Huge Archegos Losses Affect UBS Shares?

UBS, the Swiss investment bank, reported double-digit growth in year-over-year Q1 net income when it reported earnings yesterday, despite a $774 million loss triggered by the Archegos hedge fund default in March.

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