UBS To Buy Credit Suisse For $3.2 Billion To Rein In Turmoil
The Swiss Federal Council, a seven-member governing body that includes Berset, passed an emergency ordinance allowing the merger to go through without the approval of shareholders.
Mar 20, 2023, 08:17 AM IST
Affordability of Indian residential real estate at 15-year-best levels: UBS
The report further added that the sector's high inventory levels have also receded.
Jul 26, 2018, 16:12 PM IST
Asia tops US in billionaire count for the first time
Asia`s 637 billionaires outnumbered those in the United States for the first time last year, according to a new report.
Oct 26, 2017, 15:12 PM IST
India's GDP growth to recover to 7.2% this fiscal: UBS
India's GDP growth is expected to recover from 7.1 percent in 2016-17 to 7.2 percent this fiscal and further to 7.7 percent in 2018-19 largely driven by the government's reform push and recovery in private investments, says a report.
Jun 02, 2017, 14:43 PM IST
Swiss bank UBS to be tried in France over tax fraud
Swiss banking giant UBS will go on trial in France for establishing a wide-ranging tax fraud scheme, legal sources told AFP on Monday.
Mar 20, 2017, 17:44 PM IST
HSBC, UBS stop issuing P-Notes as India steps up clampdown
A number of foreign investors including HSBC and UBS have stopped issuing controversy-ridden P-Notes as regulatory and enforcement agencies step up their clampdown on misuse of this once-popular instrument among foreigners to invest in Indian markets.
Feb 19, 2017, 14:35 PM IST
UBS sets Nifty target at 8,800 by 2017-end
Global brokerage UBS has set the Nifty target at 8,800 by 2017-end and noted that risk-reward ratio for the investors is not yet attractive in the near term.
Jan 10, 2017, 15:58 PM IST
FIIs remain overweight on Indian markets: UBS
Foreign Institutional Investors remain overweight on Indian markets on recovery hopes in the second half of the current fiscal as well as long-term growth outlook, says a UBS report.
Oct 25, 2016, 17:55 PM IST
Singapore shuts Falcon bank unit, fines DBS and UBS over 1MDB
Singapore`s central bank on Tuesday shut down a second Swiss bank in the city-state and fined banks DBS and UBS in its biggest crackdown on alleged money-laundering activities connected with Malaysian sovereign fund 1MDB.
Oct 11, 2016, 11:30 AM IST
7th Pay Commission: Panel award to spur savings more than consumption, says UBS
Global brokerage UBS has taken a contrarian line to the general view that the 7th Pay panel award would boost demand, saying the move is expected to drive savings more than consumption.
Sep 25, 2016, 14:14 PM IST
Vodafone chooses Kotak, UBS, ICICI for $2 billion share sale
Close to launching an Initial Public Offering (IPO), Vodafone has picked six investment banks, including Kotak, ICICI and UBS, for the over USD 2 billion share sale process, as per media sources.
May 01, 2016, 21:53 PM IST
Indian retail interest in stock markets may be faltering: UBS
Retail investor interest in domestic stock markets may be faltering as one-year returns have turned negative, global financial services major UBS said in a report.
Jan 28, 2016, 23:52 PM IST
UBS sees Nifty at 8,200 by year-end
Global financial services major UBS on Tuesday said it is "overweight" on India but sees limited room for a re-rating and forecast an end-2016 Nifty target of 8,200.
Jan 05, 2016, 14:17 PM IST
RBI to cut rates in H2 again on falling inflation: UBS
Even as the price indices have moved up in recent months, Swiss brokerage UBS expects the same to fall during the second half and expects RBI to cut the repo rate again by 25 basis points in this fiscal and 50 basis points next year.
Nov 17, 2015, 22:42 PM IST
Swiss authorities probe 7 banks for price fixing in metals market
Swiss competition authorities said Monday they were investigating UBS, HSBC, Deutsche Bank and four other banks on suspicion of price fixing in the precious metals market.
Sep 28, 2015, 14:27 PM IST
London fifth-priciest city in the world but earnings lag behind: UBS
London is the fifth most expensive city in the world to live in but wage levels have failed to keep up compared to other major centres, a report by Swiss Bank UBS has found.
Sep 18, 2015, 16:17 PM IST
UBS cuts year-end Nifty target by 5% to 8,200
Global brokerage firm UBS has trimmed its Nifty target for December-end by nearly 5 percent to 8,200 from 8,600 earlier on account of slower-than-expected recovery in India's economic growth.
Sep 08, 2015, 22:32 PM IST
UBS cuts India's growth forecast to 7.1% for FY16
Swiss brokerage UBS has revised downwards India's GDP growth projection for the current fiscal to 7.1 percent, from 7.5 percent earlier, on account of weaker external demand prospects.
Sep 08, 2015, 16:13 PM IST
UBS pays $1.7 mn for `apparent` sanctions violations
The Swiss bank UBS has agreed to pay US authorities $1.7 million to settle "apparent" violations of rules banning transactions benefiting officially designated terrorists, the Treasury Department said Thursday.
Aug 28, 2015, 02:08 AM IST
'India, China witness uptrend in mobile banking'
Mobile banking has risen significantly in emerging market economies like India and China and the number of such users globally is expected to double in the next four years, a KMPG and UBS research says.
Aug 10, 2015, 17:07 PM IST
