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BBCNEWS World Business Report July 6, 2024 - Vimarsana News

BBCNEWS World Business Report July 6, 2024

so let's get down to business and turmoil in the banking industry is back. shares in the us regional lender first republic dropped more than 20% in extended trading on monday after it revealed it suffered a huge drop in deposits during the first quarter. first republic came under intense pressure after silicon valley bank and signature bank collapsed last month. samira hussain has more from new york. normally more from new york. when a company is earnings normally when a company is earnings for a quarter are released executives hold a call with analysts when they take questions, that...

BBCNEWS World Business Report June 4, 2024 04:55:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:55:00

Let's talk about ubs. the swiss banking giant has just reported a 52% flight and office for the first quarter. it says that was largely due to an increase in legal visions for a legacy litigation matter stopping this result comes at a tumultuous time for the swiss bank after it was forced into taking over former rival credit suisse stopping net profits at repeatable to shareholders came in at just repeatable to shareholders came in atjust over $1 billion as opposed to 1.71 billion, average of 15 analyst estimates. we are looking at that amount coming in, so lower than expect it, ubs is disappo...