Following its hurried exit from Nigeria, more reactions have followed HSBC and UBS’ decision to leave Nigeria. It would be recalled that the Swiss National Bank (Central Bank equivalent) said in its regulatory update that HSBC and UBS have exited their Nigerian operations as foreign direct investment continues to slump […]
Swiss investment baking giants, HSBC and UBS have exited their Nigerian operations as foreign direct investment continues to slump in Africa’s largest economy. The Swiss National Bank, SNB (the country’s central bank equivalent) said that foreign direct investment in Nigeria fell to 379.84 billion naira ($1.2 billion) in the first […]
Swiss investment banking giant, UBS said it will further cut more top management jobs in the United States. It is part of the move by UBS to focus on China and passive sustainable investing.
Swiss investment banking giant, UBS said according to its computer simulations, Germany has the highest probability of winning the FIFA World Cup in Russia. The 2018 FIFA World Cup will be going underway on the 14th of June, 2018. In a new report – “Investing and football: 2018 World Cup […]
UBS said its Board of Directors will nominate Jeremy Anderson for election to the Board of UBS Group AG at the Annual General Meeting of Shareholders on 3 May 2018 and for election to the Board of UBS AG. Mr. Jeremy Anderson serves as Head of Markets – ELLP at KPMG LLP. […]
Swiss investment bank, UBS said net profit attributable to shareholders up 14% year on year to CHF 946 million for the third quarter. Reported profit before tax increased by 39% to CHF 1,221m and adjusted profit before tax increased by 16% to CHF 1,506m. The net tax expense for the […]
UBS Group AG said GIC Private Limited that it intends to sell up to 93 million existing shares in UBS Group AG. The total shares to be sold is equivalent to 2.4% of the outstanding shares and voting rights in UBS Group AG through an accelerated bookbuild offering to institutional […]
For many people, Charles Onyema Ugboko might not ring a bell. He is the Chairman of the newest bank in Nigeria- SunTrust Bank Limited. Yesterday, SunTrust Bank finally opened its doors to customers for the first to customers. Not many people know the faces behind the administration of the bank. In a […]