UBS executives have told their Credit Suisse counterparts that they prefer selectively bolstering their own investment bank while dumping the riskier operations, the people said, asking for anonymity because the review has just begun and no final decisions have been made. In initial talks, the acquiring bank indicated little interest in continuing the planned effort for a CS First Boston carveout that would create a new competitor, the people said.
This text was written byObserveDhierin-Perkash Bechai is an aerospace, protection and airline analyst. Dhierin runs the investing group The Aerospace...
Shares of key Indian defence shares skilled combined buying and selling on Thursday amid constructive developments surrounding a brand new...
FILE PHOTO: The Reserve Financial institution of India (RBI) emblem is pictured exterior its head workplace in Mumbai November 2,...
TikTok is chopping extra staff from its US e-commerce division, TikTok Store, the third spherical of layoffs for that group...
Tesla shares shot-up 4% within the opening commerce on Wednesday, hitting the day's excessive of $313 per share. The uptick...
Former head of Israel's Navy Intelligence and govt director of Tel Aviv College's Institute for Nationwide Safety Research (INSS)...
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