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UBS profits leap as client inflows into wealth management rebound

UBS profits leap as client inflows into wealth management rebound
By: Laura Noonan in Dublin UBS lifted its first-quarter profits by 42 per cent and saw a big turnround from the heavy client outflows at the end of last year that had raised questions about the bank’s wealth management business. Switzerland’s biggest ...

Credit Suisse launches $4bn share issue to ease capital fears

Credit Suisse launches $4bn share issue to ease capital fears
By: Laura Noonan, in London Bank abandons plans for listing of Swiss business Credit Suisse has launched a SFr4bn ($4bn) share issue and said it will abandon plans to list its Swiss division in an attempt to draw a line under capital fears that have ...

Credit Suisse braced for shareholder revolt over executive pay

Credit Suisse braced for shareholder revolt over executive pay
By: Ralph Atkins in Zurich Credit Suisse is braced for a shareholder revolt this week over compensation for its top managers, despite the Swiss bank’s executive board agreeing a voluntary 40 per cent cut in its bonuses. The Swiss bank, which is the ...

World Bank chief echoes Bill Gates's warning to Theresa May on aid

World Bank chief echoes Bill Gates's warning to Theresa May on aid
By Larry Elliott in Washington and Karen McVeigh Jim Kim says reneging on the UK’s commitment to spend 0.7% of GDP on aid could lead to a rise in conflict and migration The president of the World Bank has told Theresa May that cutting the UK’s aid ...

JPMorgan accused of fraud over tech company sale

JPMorgan accused of fraud over tech company sale
By: Sujeet Indap in New York US bank engineered cut-price deal to curry favour with BlackBerry, lawsuit claims JPMorgan steered a technology company client to sell itself to BlackBerry at a knockdown price because it wanted to win lucrative future ...

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