UBS to Pay $388 Million in Settlement Over Credit Suisse’s Archegos Failings
UBS, one of the world's leading financial institutions, has agreed to pay a substantial sum of $388 million as part of a settlement concerning...
Inflation Data Shakes Currency Markets: U.S. Dollar Rebounds as UK Inflation Cools
The U.S. dollar experienced a rebound on Wednesday as inflation in the United Kingdom cooled more than expected in June. This unexpected slowdown in...
UBS Retains EY as External Auditor, Expands Role to Include Credit Suisse’s Accounts
UBS Group has reportedly decided to retain EY as its external auditor and expand its role to include auditing Credit Suisse's accounts starting in...
Etisalat Explores Potential Partnership with PPF Group to Expand in Central and Southeast Europe
Etisalat, the largest telecommunications group company in the UAE and listed on the Abu Dhabi Exchange (ADX), has revealed that it is engaged in...
South Korean Regulator Requests $4 Billion Financing from Major Banks to Support Troubled Credit Cooperative
In a bid to support MG Community Credit Cooperatives (MGCCC), South Korea's financial services regulator has approached major commercial banks in the country, directing...