Tag: UBS

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UBS shares hit as European banks slide

Banking stocks fell again on Friday after a tumultuous week with investors worried that the worst problems in the sector since the 2008 financial...

UBS buys back nearly $3 billion in bonds issued under a week ago

UBS Group (UBSG.S) said on Wednesday it would buy back 2.75 billion euros ($2.96 billion) worth of debt it issued less than week ago, seeking to...

Gold bounces to 1-yr high as banking sector concerns return to fore

Gold prices jumped 1% to their highest since March last year on Monday, erasing earlier losses, as worries about the global banking sector returned...

World markets set for relief after Credit Suisse buyout, central banks action

Financial markets were poised for relief on Monday after UBS Group AG (UBSG.S) agreed to buy Credit Suisse Group AG (CSGN.S) in a rescue orchestrated by the state, while...

JPMorgan, UBS and others vie for bigger share of China’s pension market

Chinese ventures of foreign asset managers including JPMorgan (JPM.N), Warburg Pincus (WP.UL) and UBS (UBSG.S) are gearing up to expand their retirement offerings, as the country officially...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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