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UBS Makes Karofsky and Khan Wealth Co-Heads in Management Shakeup

Stocks Drop With Bonds After US Yield Spike: Markets Wrap

Stocks Slide With Bonds as Traders Look to Auction: Markets Wrap

European Shares Drop With Focus on Nvidia and Reports of UK Vote

SoftwareOne Says It Has Multiple Approaches to Go Private

UBS Returns to Profit as CEO Ermotti Affirms Buyback Plans

(Bloomberg) — UBS Group AG returned to profit after two loss-making quarters, cementing sustained progress in the integration of Credit Suisse after its emergency rescue last year.  The Zurich-based bank said net income in the first quarter was $1.8 billion, three times what analysts forecast. While accounting effects related to the takeover represented a large…

S&P 500 companies report bumper earnings but stocks not rewarded

It’s taking bumper earnings and profit forecasts to impress investors, after a record rally this year left stocks looking expensive. Read on

European Stocks Steady as Philips Soars, Deutsche Bank Drops

FTSE 100 Closes at a Record for First Time in More Than a Year

FTSE 100 Hits Record as London Stocks Catch Up With Global Peers

The FTSE 100 Index closed at a record high for the first time in more than a year, as recent equity market volatility and geopolitical risks prompted investors to pile into the defensive sectors that characterize the UK benchmark.