Browsing Tag
UBS
16 posts
Chinese Bank BOCI Issues Country’s First Tokenized Security on Ethereum
Chinese bank, BOCI has officially issued the country’s first tokenized security on the Ethereum blockchain. Specifically, UBS announced…
UBS to Reportedly Fire Up to 36,000 Staff After Credit Suisse Takeover
The collapse of banks, including UBS, has had repercussions in the whole financial realm. Credit Suisse was taken…
U.S. Launches Investigation into Credit Suisse, UBS for Violating Russian Sanctions
U.S. regulators are currently investigating banks to identify if they evaded Russian sanctions. Switzerland-based Credit Suisse and UBS…
Credit Suisse CEO Claimed Bitcoin Was a ‘Bubble’: Now Bank Sold To Survive
The former CEO of Credit Suisse, Tidjane Thiam remained to be a fierce critic of Bitcoin and the…
Swiss President: It’s Impossible To Regain Confidence In Credit Suisse
The banking sector was slowly recovering after crumbling over the last couple of weeks. As the global banking…
UBS Willing to Acquire Credit Suisse for up to $1 Billion
Banks went through their fair share of crises in 2023 following the cryptocurrency turmoil in 2022. The downfall…