Finance

Banking

UBS Has Left its Credit Suisse Burden Behind

Photo by Ank Kumar via CC BY-SA 4.0

Integration costs related to Credit Suisse were just over $1 billion, well below the $3.75 billion in the two previous quarters combined.

1 min read

(Photo Credit: Serba Sembilan/Flickr)

Markets

Warren Buffett Doesn’t See Much Reason to Deplete Huge Cash Pile

Berkshire Hathaway’s legendary investor admitted that he doesn’t have any idea how to put $189 billion of cash to effective use.

2 min read
Photo by Claudio Schwarz via Unsplash

Banking

UBS Mulls a Massive Cost-Cutting

The slow integration of Credit Suisse has only exacerbated existing problems with UBS’s asset management unit.

1 min read
Photo by Hardik Pandya via Unsplash

Markets

General Catalyst Closes $6 Billion Fund

It’s a possible sign that the VC industry’s newest chapter is a story of the haves and have-nots.

2 min read

Banking

Chinese Regulators See Regional Banks Headed for SVB-Style Chaos

Image Credit: Getty Images, awdebenharn.

Authorities are concerned about regional banks piling too heavily into longer-yielding government bonds in recent months.

2 min read

M&A

Dealmaking Is Coming Back — With or Without Fed Rate Cuts

Photo by Yusuke Kawasaki via CC BY 2.0

Dealmaking-related revenue at a handful of major investment banks collectively rose 27% year-over-year in the first quarter.

2 min read

Banking

US Banks Push Back on High Severance Costs in Paris

Photo by Rodrigo Kugnharski on Unsplash

The Americans have warned that further inroads to France’s capital may not happen without some dismissal-pay flexibility.

2 min read

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