Billionaires are relocating more frequently, with Singapore, Switzerland, the UAE, and the US as top destinations. Billionaire wealth in Singapore rose to US$155.5 billion in 2024....
In response to an MP’s question on a report highlighting Singapore’s rising wealth inequality, Second Minister for Finance Mr Chee Hong Tat stated that wealth inequality...
The resolution of the "hidden debt" scandal between Credit Suisse and Mozambique, highlighting a mutually agreed out-of-court settlement and its implications.
UBS's US$3.25 billion takeover of Credit Suisse, initially seen as a risky move, has proven lucrative with UBS reporting a substantial profit. Critics argue that the...
UBS will fully integrate Credit Suisse's Swiss unit after its $3.25 billion takeover. The move aims to save over $10 billion by 2026, with job cuts...
UBS to pay US$1.4 billion, settling US charges for defrauding investors in mortgage-backed securities, culminating 2008 financial crisis cases.
Hundreds of Credit Suisse shareholders to sue over forced UBS merger, seeking compensation for losses after valuation discrepancy.
UBS ends state and central bank support post Credit Suisse takeover, deeming them unnecessary after assessing assets, paying 40 million francs compensation for measures taken during...
UBS is set to cut 35,000 jobs at Credit Suisse as part of its emergency takeover, following the collapse and bailout of the latter.
UBS is set to finalize its acquisition of Credit Suisse, but the integration process is expected to be challenging. UBS Chief Sergio Ermotti warned of difficult...
