Banking sector's loan growth to taper off: ECM
The banking sector's loan growth is expected to taper off in the coming months following clear signs of a slowdown in momentum due to rising global uncertainties, says ECM Libra Investment Research. In an update on banking sector, ECM Libra said the ...
Read more on Business Times - Malaysia
UBS to Cut 3500 Jobs, Half in Investment Banking
About half of the jobs will be in the investment banking division, which has continued to be one of the bank's worst performers. The rest of the layoffs will come from the wealth management and asset management businesses. The measures were “designed ...
Read more on New York Times
Euro rises 1 per cent on day versus Swiss franc
Banking giant UBS said on Friday it could charge clients a fee on deposits in a bid to discourage them from using some accounts to hoard the safe haven currency during financial market volatility. The euro was last up 1.1 per cent at 1.1820 francs on ...
Read more on Economic Times
Related posts: