UBS Group AG

Stocks making the biggest moves midday: Lululemon, Micron, Carnival, Foot Locker & more

Check out the companies making headlines in midday trading Wednesday. Lululemon – Shares of the athleticwear company soared more than 13%…

Stocks making the biggest moves premarket: Lululemon, Paychex, Micron Technology and more

Check out the companies making headlines before the bell. Lululemon – Lululemon shares surged more than 16% before the Wednesday…

Bitcoin climbs above $28,000 as investors shrug off regulatory crackdowns

Bitcoin climbed sharply Wednesday as investors shrugged off initial fears surrounding U.S. regulators’ crackdowns on industry giants and became willing…

‘Call of duty’: With Sergio Ermotti, Switzerland gets a cost-cutting local to restore its reputation

Incoming UBS CEO Sergio Ermotti on Wednesday said his return to the helm was “a call of duty,” as the…

Credit Suisse whistleblowers say Swiss bank has been helping wealthy Americans dodge U.S. taxes for years

Credit Suisse, the collapsed Swiss bank taken over by UBS Group in a hastily arranged bailout earlier this month, may…

‘Be very vigilant’: Bank of England chief says the market is testing banks to identify weakness

LONDON — Bank of England Governor Andrew Bailey on Tuesday vowed to be “very vigilant” amid ongoing volatility and suggested…

This is not another banking crisis, analysts say — it’s ‘sentiment contagion’ instead

The collapse of U.S.-based Silicon Valley Bank, the biggest bank failure since the global financial crisis, and the emergency rescue…

First Citizens shares soar 50% after the bank buys a large chunk of failed Silicon Valley Bank

First Citizens BancShares will buy Silicon Valley Bank’s deposits and loans, the U.S. Federal Deposit Insurance Corporation said Monday, just…

Deposit drain from smaller banks into financial giants like JPMorgan Chase has slowed, sources say

The surge of deposits moving from smaller banks to big institutions including JPMorgan Chase and Wells Fargo amid fears over…