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The number of billionaires rose by 7% to 2,544 people globally, UBS said in its 2023 Billionaires Ambitions Report, with their total worth rising by 9% to an estimated $12 trillion.
Swiss bank UBS is laying off 51 employees at its Weehawken office. Five other financial institutions announced New Jersey layoffs so far in 2024 UBS latest bank to announce NJ job cuts as finance ...
In its latest earnings statement in August, UBS said Credit Suisse offices in various locations, including the United Kingdom, the Netherlands, France and Belgium, had been contacted by regulatory ...
UBS only wanted Credit Suisse if the price was low, and if Swiss authorities indemnified UBS from any Credit Suisse regulatory violations. [15] [16] On the morning of 19 March, UBS made an offer of 0.25 Swiss francs ($0.27) per share, valuing Credit Suisse at around $1 billion, but the price outraged the Mideast investors. SNB urged Credit ...
UBS also said it would reinstate its dividend of 70 cents a share and buy back up to $1 billion in shares in the second half of this year, resuming a program to return capital to shareholders that ...
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(Reuters) - UBS Global Wealth Management has raised the odds of a U.S. recession to 25% from 20%, citing weakness stemming from softer jobs growth and the July unemployment data which stoked fears ...
UBS PaineWebber logo in use from 2001 until 2003 when the use of the Paine Webber brand was dropped UBS Warburg was the brand used for the Investment Banking division of UBS from 1999 to 2003. On 3 November 2000, UBS merged with Paine Webber , an American stock brokerage and asset management firm led by chairman and CEO Donald Marron .
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