[ad_1] UBS expects to complete its takeover of Credit Suisse “as early as June 12”, which will create a giant Swiss bank with a balance sheet of $1.6 trillion. Fabrice Coffrini | Afp | Getty Images UBS expects to complete its takeover of Credit Suisse “as early as June 12”, which will create a giant … Read more
[ad_1] My top 10 things to watch Monday, April 24 1. The Dow , the S & P 500 and the Nasdaq are set for a mixed open Monday. Stocks are in a holding pattern as investors brace for an incoming wave of Big Tech earnings and the Fed’s favorite inflation reading. Twelve Club holdings … Read more
[ad_1] Newly appointed UBS CEO Sergio Ermotti (R) speaks with UBS Chairman Colm Kelleher during a press conference in Zurich on March 29, 2023. Arnd Wiegmann | Afp | Getty Images UBS will hold its annual general meeting on Wednesday morning against a fraught political backdrop, following its takeover of fallen rival Credit Suisse last … Read more
[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) on February 14, 2023 in New York City. Spencer Platt | Getty Images Stock futures edged higher Sunday evening as Wall Street came off a winning week and investors continued to follow the troubling bank sector. Futures tied to the Dow Jones … Read more
[ad_1] First Republic Bank headquarters is seen on March 16, 2023 in San Francisco, California, United States. Tayfun Coskun | Anadolu Agency | Getty Images The surge of deposits moving from smaller banks to big institutions including JPMorgan Chase and Wells Fargo amid fears over the stability of regional lenders has slowed to a trickle … Read more