UBS tops league tables in dismal first half dominated by few deals, layoffs and cost cuts
Bankers are testing the waters for the next IPO with a host of non-deal roadshows for Mondiale, Virgin and Moly Cop.
Source: afr.com
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Credit Suisse collapse: UBS takeover leaves Australian investment banking team out in the cold
Credit Suisse Australia has worked to rebuild its investment bank after overseas scandals hurt the firm’s standings, but they are surplus to requirements at UBS.
Source: afr.com
Credit Suisse-UBS takeover: UBS Australia eyes lucrative wealth arm
Credit Suisse’s private bank is the “jewel in the crown,” but its investment bank would be out in the cold if UBS takes over the firm.
Source: afr.com
Credit Suisse: John Wylie blames 'epic tale of mismanagement at the global level'
Credit Suisse was rocked by a near 30 per cent drop in its shares today, prompting the Swiss regulator to pledge support for the lender.
Source: afr.com
Credit Suisse wins Jefferies banker Joel Chalhoub, bonuses hinder First Boston reset
Joel Chalhoub joins the Swiss bank, which has snared a handful of rainmakers in the last two years, but the spectre of staggered bonuses hang over the Street.
Source: afr.com