BusinessCredit Suisse to buy Morgan Stanley’s wealth management armAFPMarch 27, 2013March 27, 2013 by AFPMarch 27, 2013March 27, 2013 ZURICH: Swiss banking giant Credit Suisse on Wednesday announced it will buy US bank Morgan Stanley’s wealth management businesses in Europe, the Middle East and...
BusinessUBS swings to $2.7 bn loss on Libor-fixing finesAFPFebruary 5, 2013 by AFPFebruary 5, 2013 Zurich: Swiss banking giant UBS announced on Tuesday a net loss of 2.5 billion Swiss francs (2 billion euros, $2.7 billion) as fines from the...