UBS will see its workforce, costs and balance sheet swell next week when the Credit Suisse deal likely closes, prompting it to weigh deep cuts to staffing levels and wind down riskier assets.
Will Hild’s Consumers’ Research is focusing on the second-largest US bank in its latest push against sustainable investing.
Both federal and state officials drilled in on the firm's staking program, which offers customers a return for letting their tokens be used to facilitate blockchain transactions.
BondGPT, which uses OpenAI technology to help power its bond analytics, will help traders find more liquid bonds at a better price.
Regulator’s suit comes day after the agency sued crypto platform Binance for a wider set of violations.
The agency has for months been probing whether Binance illegally sold digital coins as the exchange was getting off the ground in 2017.
The 63-36 vote on the bill Thursday night was carried by moderates in both parties; the legislation now goes to President Biden to sign.
Banks' interest is growing in the evolving technology of artificial intelligence and its likely impact on their business.
The deal now heads to the Senate, where approval is virtually certain; Senate GOP leader Mitch McConnell said the measure could be voted on as soon as Thursday.
The bank aims to almost double its profit from wealth management through asset growth, more lending and expanding markets, co-president Andy Saperstein said at a conference.
