Credit
Meet UBS CEO Ralph Hamers, a leader behind Credit Suisse negotiations who opts for open-necked shirts and wants to build 'Netflix of wealth'
3 days ago | By Business Insider
CEO Ralph Hamers of Swiss bank UBS addresses the Annual Meeting of Swiss Financial Institute in Zurich, Switzerland November 10, 2022. Arnd Wiegmann/Reuters
UBS CEO Ralph Hamers is a key figure in negotiations to buy Credit Suisse and prevent its collapse.
The 56-year-old exec has worked in Swiss banking for more than three decades and is a proponent of digital innovation.
Here's a look at the life of Hamers.
In tense, down-to-the-wire negotiations, UBS is working to eke out a deal to buy Credit Suisse and prevent a bank collapse before international markets open Monday, led in part by the...
Read more ...
UBS Offers To Buy Embattled Bank Credit Suisse For Up To $1 Billion, Reports Say
3 days ago | By Forbes
A deal could be announced Sunday-but there's no guarantee UBS will buy its troubled rival.
Read more ...
UBS offers to buy Credit Suisse for up to $1 billion, the Financial Times reports
3 days ago | By CNBC
The deal, which could be signed as early as this evening, values Credit Suisse at around $7 billion less than its market value at Friday's close.
Read more ...
UBS Nears Deal to Buy Credit Suisse
3 days ago | By NY Times
The Swiss government is close to announcing a deal for UBS to buy Credit Suisse, its smaller rival, for about $1 billion.
Read more ...
Switzerland mulls nationalization of Credit Suisse as UBS's $1 billion offer deemed too low
3 days ago | By Fortune
Swiss authorities are considering a full or partial nationalization and hope to finalize a solution by the time Asian markets open.
Read more ...
UBS faces pushback after offering to buy Credit Suisse for $1 billion
4 days ago | By Fortune
Credit Suisse believes the UBS offer is too low and would hurt shareholders and employees who have deferred stock.
Read more ...
UBS offers up to $1 billion to rescue Credit Suisse, report says
4 days ago | By Business Insider
UBS is said to be offering up to $1 billion for Credit Suisse. Getty Images
UBS is offering to pay up to $1 billion to buy Credit Suisse, the Financial Times reported.
UBS has been in talks this weekend about buying some or all of its troubled Swiss rival.
Credit Suisse believed the offer was too low, Bloomberg reported.
UBS is proposing to pay up to $1 billion to rescue its troubled Swiss rival Credit Suisse, the Financial Times reported Sunday. Swiss regulators plan to make an emergency change to laws so it can avoid a shareholder vote on the deal to speed up the process before markets...
Read more ...
Search by Tags
Credit Finance Financing Innovations Zurich World Innovation Building Buy Market Credits Marketing Banks Bank UBS Credit Suisse Banking Weekend BI US Ralph Hamers Business Business Breaking Breaking-news Government Banking and Financial Institutions Credit Suisse Group AG UBS AG Saudi National Bank Swiss National Bank Silicon Valley Bank Swiss Financial Market Supervisory Authority Switzerland Economy Bloomberg News Weekend BI UK NewsPlural VC lures mRNA vaccine and AI pioneer to become its newest partner
Some say the European tech startup ecosystem lacks investors who have been “operators,” as in former entrepreneurs. And indeed, that has been the case for many years. However... Read more ...
Ikea ordered to 'review and strengthen' its sexual harassment policies after...
The Swedish furniture giant said the company “does not tolerate harassment of any kind.” Read more ...
You May Have Caught The Mandalorian's First Jar Jar Reference, But You...
This week on The Mandalorian, we had a fairly standard story about Mando and Bo-Mando and other Mandos saving a Mando kid from a giant dragon bird. But we also had a B-plot... Read more ...
Cleveland Guardians Have An Ideal Roster For New Major League Baseball Rules
Good contact hitters with speed put the Cleveland Guardians in good position to take advantage of new Major League Baseball rules. Read more ...
GFN Thursday Celebrates 1,500+ Games and Their Journey to GeForce NOW
Gamers love games - as do the people who make them. GeForce NOW streams over 1,500 games from the cloud, and with the Game Developers Conference in full swing this week... Read more ...
Lego 2K Drive impressions - The joy of running over everything
It took me a few seconds to learn how to drive in Lego 2K Drive, the new game coming from Take-Two Interactive's Visual Concepts studio. Read more ...
Meet Tova Friedman, an 85-year-old TikTok influencer with 75 million views...
Friedman, now of Morristown, N.J., says her 17-year-old grandson convinced her to share videos sharing her experience as a 6-year-old in Auschwitz. Read more ...
Weekly Initial Unemployment Claims decrease to 191,000
The DOL reported : In the week ending March 18, the advance figure for seasonally adjusted initial claims was 191,000, a decrease of 1,000 from the previous week's unrevised... Read more ...
OpenAI CEO says he feels 'awful' after a ChatGPT bug leaked user...
Sam Altman, president of Y Combinator, speaks at the Wall Street Journal Digital Conference in Laguna Beach, California, on October 18, 2017. Lucy Nicholson/Reuters OpenAI CEO... Read more ...
MacKenzie Scott wants to know why she should give your nonprofit a $1...
MacKenzie Scott is giving away $250 million to 250 nonprofits. Marianne Ayala/Insider MacKenzie Scott launched a $250 million "open call" for nonprofits. She plans to make 250... Read more ...