The banking sector has already seen major convergence in 1998 when the Swiss Bank Corporation merged with the Union Bank of Switzerland to form the modern UBS. “The concentration into a smaller ...

The Federal Deposit Insurance Corporation (FDIC ... Suisse this weekend to stave off global contagion after the Swiss bank’s stocks plunged as much as 21% after it found “material weaknesses ...

There's a lot of cachet to the Swiss bank account. For generations, banking in cities like Zurich and Geneva has come with an air of mystery. This is a nation that fiercely safeguards financial ...

Union Bank of Switzerland and Swiss Bank Corporation (SBC), merged to form UBS. Both banks were well established and successful in their own right. Union Bank of Switzerland had grown organically ...

May 8 (Reuters) - Swiss lender UBS (UBSG.S), opens new tab is in talks to sell its hedge fund unit, O'Connor, to U.S. brokerage Cantor Fitzgerald, Bloomberg News reported on Thursday, citing ...

A bank run on Silicon Valley Bank led the Federal Deposit Insurance Corporation to take control ... In Switzerland, Swiss deposits are insured by the regulator FINMA up to 100,000 Swiss francs.