United Kingdom

Angelika Gruber

Deutsche Bank looks to boost wealth management as part of reinvention

10 Jul 2019

ZURICH With other parts of its business facing hefty cuts, Deutsche Bank wants to expand its European operations handling the assets of rich clients and take market share from rivals after staunching the outflow of assets.

Credit Suisse wealth boss Khan quits in pursuit of top job

02 Jul 2019

ZURICH Credit Suisse wealth management boss Iqbal Khan is leaving Switzerland's second-largest bank in the latest high-level departure under Chief Executive Tidjane Thiam.

UBS believes regulatory costs have peaked, compliance chief says

28 May 2019

ZURICH UBS expects regulatory costs to remain significant over the coming years but to fall from the high levels the Swiss bank has faced since 2014, its compliance chief said on Tuesday.

Deutsche Bank talks with UBS on asset management deal stall: sources

13 May 2019

FRANKFURT/ZURICH Talks have stalled between Deutsche Bank and UBS on a tie up of their asset management businesses due to differences over who would control the combined entity, people familiar with the matter said.

Deutsche Bank talks with UBS on asset management deal stall - sources

13 May 2019

FRANKFURT/ZURICH, May 13 Talks between Deutsche Bank and UBS to tie up their asset management businesses have stalled, three people familiar with the matter said.

Shareholders snub UBS leadership over French tax conviction

02 May 2019

BASEL, Switzerland UBS Group shareholders refused on Thursday to endorse the performance of the Swiss bank's leadership last year in a rare rebuke sparked by a French conviction for helping wealthy clients evade taxes.

Shareholder adviser ISS opposes free pass for UBS bosses after tax ruling

15 Apr 2019

ZURICH UBS shareholders should oppose discharging the board and top management of Switzerland's biggest bank from liability after a guilty verdict in a French tax evasion case, proxy adviser Institutional Shareholder Services (ISS) said.

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