Swiss National Bank can cut rates further or go negative, chairman says
The Swiss National Bank still has room to cut interest rates again and even take rates below 0% if Swiss inflation goes too ...
Europe bank bosses yearn for M&A as U.S. dealmaking expected to take off
There are too many banks in Europe for an efficient capital system,” one CEO told CNBC at the World Economic Forum in Davos, ...
UBS to continue workforce job cuts following Credit Suisse acquisition
UBS Group AG (NYSE:UBS) is set to continue reducing its workforce following its historic acquisition of Credit Suisse, said CEO Sergio Ermotti in an interview to Bloomberg. The Swiss lender is aiming ...
UBS CEO says "premature" to consider acquisitions
UBS Chief Executive Sergio Ermotti on Tuesday said it was currently premature for the Swiss bank to consider acquisitions as ...