Sergio Ermotti

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UBS posted a 99 per cent jump in third-quarter profit. Photograph: Arnd Wiegmann/Reuters

UBS on Tuesday posted a 99 per cent jump in third-quarter profit as heavy turnover in global markets helped the bank to a strong performance in inves(...)

Photograph: iStock

Swiss Re plans to make UBS group chief executive Sergio Ermotti its chairman from next year, the world’s second-biggest reinsurer said on Tuesday, tu(...)

Photograph: Arnd Wiegmann/File Photo/Reuters

UBS Group cut profitability targets on Tuesday as Switzerland’s largest bank grapples with ultra-low interest rates and increased competition for weal(...)

Pay across bailed-out Irish banks has been capped at €500,000 and bonuses effectively banned for the past decade as they face an 89 per cent tax.  Bank of Ireland, which is 14 per cent State-owned, is an exception. Photograph:   Bryan O’Brien

The pay packages of Irish banking chief executives are not out of kilter with peers in Europe when viewed against the size of their balance sheets and(...)

Photograph: Arnd Wiegmann/Reuters

UBS chief executive Sergio Ermotti saw a revival of the bank’s fortunes in the second quarter after what he’d called one of the worst starts to the ye(...)

UBS chief executive Sergio Ermotti described  investment banking conditions as  among the toughest seen in years, especially outside the US

Swiss bank UBS is cutting an extra $300 million (€264.3 million) from 2019 costs after investment banking revenues plunged and wealth management remai(...)

UBS is the world’s largest wealth manager. Photograph: Stefano Rellandini/Reuters

UBS plans to stick to its proposed dividend for 2018, chief executive Sergio Ermotti said on Friday, two days after the Swiss bank was hit with a €4.5(...)

UBS headquarters in Zurich. Photograph: Arnd Wiegmann/Reuters

UBS, Switzerland’s biggest bank, posted a surprise 32 per cent rise in third-quarter net profit amid a bumper quarter for its investment bank and said(...)

Credit Suisse increased  bonuses by 6 per cent despite heavy losses at Switzerland’s second-biggest bank. Photograph: Kacper Pempel/Reuters

Credit Suisse chief executive Tidjane Thiam’s pay for his first full year in the job swelled to 11.9 million Swiss francs (€11.1 million), while bonus(...)

Net income at Credit Suisse fell to 41 million Swiss francs (€38 million) from 779 million francs a year earlier. Photograph: Reuters

Credit Suisse posted a surprise profit in the third quarter, with all main units contributing, as chief executive Tidjane Thiam continued to cut costs(...)

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