Tag: UBS
Deutsche Bank starts the year with a profit in the billions
Frankfurt Despite the increased uncertainty caused by the war in Ukraine, Deutsche Bank made a robust start to 2022 and remains on course to achieve its restructuring goals. “The results…
Credit Suisse: Major Swiss bank is reorganizing its board of directors
CreditSuisse 2022 should be a “transition year”. (Photo: Bloomberg) Zurich Persistent problems in the operational business have forced Credit Suisse boss Thomas Gottstein to restructure the board: CFO David Mathers,…
Deutsche Bank starts the year with a profit in the billions
Deutsche Bank headquarters Will Deutsche Bank achieve its target return this year? (Photo: imago images/Hans-Günther Oed) Frankfurt Despite the increased uncertainty caused by the war in Ukraine, Deutsche Bank achieved…
Major Swiss bank restructures board
CreditSuisse 2022 should be a “transition year”. (Photo: Bloomberg) Zurich Persistent problems in the operational business have forced Credit Suisse boss Thomas Gottstein to restructure the board: CFO David Mathers,…
Commerzbank more than doubled profit in the first quarter
Frankfurt Commerzbank more than doubled its profit in the first quarter, but also set aside significantly more money for impending loan defaults. Germany’s second-largest private bank announced on Tuesday evening…
Surprisingly robust start to the year
Zurich/Frankfurt The nervousness was great before the start of the quarterly season of the major European banks. How would the war in Ukraine, the growing risk of inflation and the…
UBS posts best quarterly results since 2007
The Swiss bank UBS struggled with the collapse of its client Archegos. (Photo: Reuters) Zurich Thanks to a booming trading business, UBS got off to the best start to the…
UBS posts best quarterly results since 2007
The Swiss bank UBS struggled with the collapse of its client Archegos. (Photo: Reuters) Reuters UBS posted its highest quarterly profit since 2007 in the first three months of 2022…
New cars will be ready faster in the future
Dusseldorf, Munich In the automotive industry, the development of a new model follows a strictly predetermined schedule. In the so-called “product development process” (PEP), the individual development steps are sometimes…
Deutsche Börse expands profit and raises forecast for 2022
Deutsche Börse headquarters in Eschborn near Frankfurt Germany’s largest exchange operator increased its operating profit by almost a third in the first quarter. (Photo: dpa) Frankfurt The market fluctuations due…
Credit Suisse changes several top managers
CreditSuisse The major Swiss bank does not make it out of the crisis. (Photo: Bloomberg) Zurich According to media reports, Credit Suisse is planning a large-scale restructuring of the board:…
Credit Suisse changes several top managers
CreditSuisse The major Swiss bank does not make it out of the crisis. (Photo: Bloomberg) Zurich According to media reports, Credit Suisse is planning a large-scale restructuring of the board:…
All papers with interest rate risks fly out of the depots
Dusseldorf After high energy costs and ongoing supply chain problems, a third issue was at the fore on Friday: will the US Federal Reserve stall the economy with its increasingly…
BMW attacks the Mercedes S-Class
New i7 from BMW The carmaker wants to sell more than 80,000 units per year from the model series in the future. (Photo: BMW) Munich The doors open automatically, the…
Investors complain about disappointing margins at BMW
BMW boss Oliver Zipse Shareholders complain that the CEO rarely seeks to talk to them. (Photo: Reuters) Munich In the past year, BMW almost exclusively achieved record values. The Munich…
Investors complain about disappointing margins at BMW
BMW boss Oliver Zipse Shareholders complain that the CEO rarely seeks to talk to them. (Photo: Reuters) Munich In the past year, BMW almost exclusively achieved record values. The Munich…
Court finds Swiss star banker guilty
Pierin Vincenz on Wednesday in Zurich The banker was sentenced to imprisonment for, among other things, fraud, embezzlement and forgery. (Photo: Reuters) Zurich Pierin Vincenz is one of the best-known…
The deputy editor-in-chief’s weekly recap
we deal with numbers every day at the Handelsblatt. One thing has particularly occupied me in the last few days, because it represents the full extent of the dilemma into…
The deputy editor-in-chief’s weekly recap
we deal with numbers every day at the Handelsblatt. One thing has particularly occupied me in the last few days, because it represents the full extent of the dilemma into…
Audi and Porsche want to get into Formula 1
Munich, Dusseldorf Audi and Porsche will be allowed to participate independently in Formula 1 in the future. The Supervisory Board of the Volkswagen Group made this fundamental decision on Thursday.…