Exclusive: Bank of England approves UBS’s Credit Suisse takeover in UK -sources
LONDON, April 4 (Reuters) - The Bank of England has approved UBS Group AG's (UBSG.S) takeover of Credit Suisse Group...
archiveBACT
EU vote on human rights ‘due diligence’ looms for financial firms
LONDON, April 4 (Reuters) - Financial services companies would be required to take action if their clients were failing to...
UBS gets temporary EU green light for Credit Suisse deal, pending review
BRUSSELS, April 4 (Reuters) - UBS (UBSG.S) has secured a temporary green light from EU antitrust regulators to complete its...
US bank deposit outflows decelerated in second week after SVB collapse
March 31 (Reuters) - Deposits at all U.S. commercial banks fell in the week ended March 22 to their lowest...
US Republicans challenge more fund managers on ESG
March 31 (Reuters) - Republican attorneys general from 21 U.S. states raised fresh concerns with asset managers over their consideration...
Analysis: After extraordinary rally, bonds’ fate now with bank stability and inflation
U.S. 2-year yields eye biggest falls since 2008Bank turmoil prompts sharp cut in rate hike betsOutlook depends on financial stability...
Australia’s Zip Co to divest businesses in Europe, South Africa
March 30 (Reuters) - Australian buy-now-pay-later (BNPL) firm Zip Co Ltd (ZIP.AX) said on Thursday it will divest its businesses...
UK watchdog to soften sustainability disclosures for asset managers
LONDON, March 29 (Reuters) - Britain's financial watchdog said on Wednesday the introduction of new sustainability disclosure requirements (SDR) for...
UK Treasury official sees no immediate concerns on UBS-Credit Suisse deal
WASHINGTON, March 28 (Reuters) - Britain's No. 2 Treasury official said on Tuesday that he does not have any immediate...
Explainer: What are credit default swaps and why are they causing trouble for Europe’s banks?
LONDON, March 28 (Reuters) - Turbulence in Europe's banks following the implosion of 167-year-old Credit Suisse (CSGN.S) and runs on...
