UBS Group AG UBS is on the verge of a settlement with the U.S. government that could include hundreds of millions of dollars in fines. This was reported by the Wall Street Journal (“WSJ”). The penalties...
BlackRock Inc. BLK intends to trim its workforce by roughly 1% as part of a strategic restructuring. This was reported by Bloomberg on Wednesday.Rationale Behind BLK’s MoveBlackRock’s decision follows...
UBS (UBUS) is reportedly close to a settlement with the U.S. Department of Justice (DOJ) over Credit Suisse's violations of a 2014 plea agreement, potentially involving a payout of hundreds of millions...
The 1976 movie All the President's Men perhaps provided one of the best three-word investing strategies around: "Follow the money." No, the film didn't use the phrase in the context of investing. However,...
The Shiba Inu (CRYPTO: SHIB) cryptocurrency opened at a price of $0.00000000008 per token in 2021 before soaring by a whopping 107,499,900% to a peak of $0.000086 in October of that year. If you had a...
HSBC Holdings HSBC shares touched a five-year high of $49.46 during Thursday's trading session. Year to date, the stock has risen 21.5%, outperforming the industry’s jump of 7.8%.In the same time frame,...
For Immediate ReleaseChicago, IL – December 26, 2024 – Today, Zacks Equity Research discusses HSBC Holdings plc HSBC and UBS Group AG UBS.Industry: Foreign BanksLink: https://www.zacks.com/commentary/2387365/2-foreign-bank-stocks-to-buy-from-a-flourishing-industry-for-2025Banks...
HSBC Continental Europe, the indirect subsidiary of HSBC Holdings HSBC, has signed a Memorandum of Understanding (MOU) for the potential sale of its French life insurance arm, HSBC Assurances Vie (France),...
Bank of America, Corp. BAC received a cease-and-desist order on Monday from the Office of the Comptroller of the Currency (“OCC”), addressing the deficiencies under the Bank Secrecy Act (BSA) and sanctions...
UBS Group AG UBS is planning to cut jobs in France amid the country's sluggish economic growth and ongoing efforts to integrate Credit Suisse (“CS”) following its acquisition in June 2023, per a Bloomberg...