Fabrice Coffrini | Afp | Getty Images UBS Group Chairman Colm Kelleher on Wednesday said the Swiss bank is “not too big to fail,” as he criticized Swiss government proposals to strengthen its capital requirements. Kelleher was delivering a speech during the UBS annual general meeting — the first such gathering held since the bank … Read more
The abrdn Plc office at St Andrew Square in Edinburgh, U.K. on Thursday, Nov. 11, 2021. Jonne Roriz | Bloomberg | Getty Images The press making jabs at the current name of asset manager Abrdn, which was rebranded from ‘Standard Life Aberdeen’, amounts to “corporate bullying,” the firm’s chief investment officer Peter Branner said. The … Read more
The U.K. and Switzerland are deepening the ties between their financial services sectors with a new post-Brexit deal. Sopa Images | Lightrocket | Getty Images LONDON — The U.K. and Switzerland on Thursday will sign a post-Brexit financial services deal designed to bring two of Europe’s largest banking centers closer together. British Finance Minister Jeremy … Read more
