Union Bank Of Switzerland
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Swiss Brace For Major Job Losses After Credit Suisse Buyout
Tens of thousands of jobs could disappear in Switzerland following UBS's emergency takeover of its troubled rival Credit Suisse, observers warned Tuesday, as unions demanded a rescue package for banking staff.
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"Will Get Black Money Data From Switzerland By Next Year": Piyush Goyal
India will get all data from black money from Switzerland by the end of fiscal 2019, Union Minister Piyush Goyal said today, a day after the central European nation released data that showed money parked by Indians in Swiss banks rose over 50 per cent to 1.01 billion Swiss francs (Rs 7,000 crore) in 2017.
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"Shameful": Union Minister On Congress' 'Chhota Modi' Dig Over Nirav Modi
Opposition leaders held up a photo of Prime Minister Narendra Modi with leading Indian industrialists at the World Economic Forum in Switzerland's Davos today, asking how billionaire diamond merchant and jeweler Nirav Modi was allowed to leave the country reportedly days before a first information report was filed accusing him of a massive 11,000-c...
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Swiss Central Bank Keeps Powder Dry On Rates Ahead Of Brexit Vote
Switzerland's central bank held fire on tinkering with record-low negative interest rates on Thursday, keeping its powder dry should a British vote next week to leave the European Union spark a flood into the Swiss franc.
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RBS in Talks to Sell Indian Private Banking Unit to Sanctum Wealth
Switzerland's Union Bancaire Privee said in March it was buying the overseas business of British wealth manager Coutts from RBS, as part of the bank's drive to pull back from foreign markets and focus on UK retail and commercial banking.
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Recession, Libor, Facebook punish Europe's banks
Within a space of an hour UBS of Switzerland, Deutsche Bank, BBVA of Spain and Austria's Erste Bank delivered the bad news.
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Union Bank of Switzerland to axe 3,500 jobs
Swiss banking major UBS on Tuesday said it will slash 3,500 jobs as part of cost-cutting measures, with nearly half of the cuts planned in the investment banking division. "UBS today provides an update on its plans to eliminate expenses of a total of approximately 2 billion Swiss francs ($2.5 billion) from annual costs by the end of 2013, co...
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Hasan Ali case: Enforcement Directorate quizzes Indian heads of foreign banks
The Enforcement Directorate (ED) today got fresh leads into the black money case involving Pune-based businessman Hasan Ali after he surrendered to the probe agency late on Thursday night.Armed with information following Mr Ali's ongoing interrogation, the ED today questioned the Indian heads of Swiss Banks Union Bank of Switzerland (UBS) and Credi...
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Swiss Brace For Major Job Losses After Credit Suisse Buyout
Tens of thousands of jobs could disappear in Switzerland following UBS's emergency takeover of its troubled rival Credit Suisse, observers warned Tuesday, as unions demanded a rescue package for banking staff.
-
"Will Get Black Money Data From Switzerland By Next Year": Piyush Goyal
India will get all data from black money from Switzerland by the end of fiscal 2019, Union Minister Piyush Goyal said today, a day after the central European nation released data that showed money parked by Indians in Swiss banks rose over 50 per cent to 1.01 billion Swiss francs (Rs 7,000 crore) in 2017.
-
"Shameful": Union Minister On Congress' 'Chhota Modi' Dig Over Nirav Modi
Opposition leaders held up a photo of Prime Minister Narendra Modi with leading Indian industrialists at the World Economic Forum in Switzerland's Davos today, asking how billionaire diamond merchant and jeweler Nirav Modi was allowed to leave the country reportedly days before a first information report was filed accusing him of a massive 11,000-c...
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Swiss Central Bank Keeps Powder Dry On Rates Ahead Of Brexit Vote
Switzerland's central bank held fire on tinkering with record-low negative interest rates on Thursday, keeping its powder dry should a British vote next week to leave the European Union spark a flood into the Swiss franc.
-
RBS in Talks to Sell Indian Private Banking Unit to Sanctum Wealth
Switzerland's Union Bancaire Privee said in March it was buying the overseas business of British wealth manager Coutts from RBS, as part of the bank's drive to pull back from foreign markets and focus on UK retail and commercial banking.
-
Recession, Libor, Facebook punish Europe's banks
Within a space of an hour UBS of Switzerland, Deutsche Bank, BBVA of Spain and Austria's Erste Bank delivered the bad news.
-
Union Bank of Switzerland to axe 3,500 jobs
Swiss banking major UBS on Tuesday said it will slash 3,500 jobs as part of cost-cutting measures, with nearly half of the cuts planned in the investment banking division. "UBS today provides an update on its plans to eliminate expenses of a total of approximately 2 billion Swiss francs ($2.5 billion) from annual costs by the end of 2013, co...
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Hasan Ali case: Enforcement Directorate quizzes Indian heads of foreign banks
The Enforcement Directorate (ED) today got fresh leads into the black money case involving Pune-based businessman Hasan Ali after he surrendered to the probe agency late on Thursday night.Armed with information following Mr Ali's ongoing interrogation, the ED today questioned the Indian heads of Swiss Banks Union Bank of Switzerland (UBS) and Credi...
