The Latest Breaking News from UBS

The two banks have a long history of not getting along.

‘A monster is born’, say local press, as Credit Suisse takeover by UBS creates bank twice the size of the Swiss economy

Investment banking roles expected to be worst hit at Credit Suisse in London

The recent collapse of Silicon Valley Bank (SVB) – the failure of the biggest US lender since the 2008 global financial crisis – has created waves across the global banking system. The subsequent collapse of another US institution, Signature Bank, the US$30 billion (£24.5 billion) lifeline given to First Republic…

First Republic Bank led financials higher early Tuesday as regulators work to soothe fears of a bank crisis. UBS, regional bank stocks rise.

City Comment: The concern now must be that the banking is in the hands of one gigantic institution

Hong Kong (AFP) - Days after it was rescued in an emergency buyout, Credit Suisse gathered hundreds of clients in an upscale Hong Kong hotel on Tuesday for a glitzy investment conference where they were told to "embrace the new reality".

Investors are looking ahead to a brace of potentially explosive interest rate decisions later in the week

Could isolated failures herald another global banking crisis?