Florida's Hurricane Recovery Efforts and More
Source: Bloomberg, 5:55 #press
Is Carlos Alcaraz the Next Billion-Dollar Tennis Player?
At the US Open, the young Wimbledon champion will make his case to succeed Federer, Nadal and Djokovic—and Serena—as the sport’s next big star. #press
UPDATE: UBS CEO Talks Record Profits & Job Cuts (Podcast)
Source: Bloomberg, 16:58 #press
UBS CEO Sergio Ermotti Talks Quarterly Record Profits
Source: Bloomberg, 10:35 #press
Hanging On: The Bloomberg Close, Asia Edition
Good afternoon. Here’s what you need to know to end your day. #press
UBS CEO Talks Record Profits & Job Cuts and More
Source: Bloomberg, 5:23 #press
Cathay Expects to Suspend Hong Kong Flights as Typhoon Nears
Cathay Pacific Airways Ltd. expects to suspend flights starting Friday afternoon through Saturday morning in Hong Kong as Super Typhoon Saola nears the Asian financial hub, according to a person familiar with the situation. #press
UBS to Cut 3,000 Staff in Switzerland as It Integrates Rival
UBS Group AG plans to eliminate about 3,000 jobs in its home market as it seeks to cut billions of dollars in costs after buying rival Credit Suisse. #press
UPDATE: UBS CEO Talks Record Bank Profits (Podcast)
Source: Bloomberg, 15:44 #press
UBS Profits Break Global Banking Records & X Wants Your Data
Source: Bloomberg, 14:10 #press
UBS CEO Talks Record Bank Profits, Apple's 3D Printing, and More
Source: Bloomberg, 5:08 #press
Roni Green on the Markets (Radio)
Source: Bloomberg, 5:22 #press
UBS Profits Break Global Records, X Wants More Data, and More
Source: Bloomberg, 4:51 #press
UBS to Keep Credit Suisse’s Swiss Business, Retire Its Brand
UBS Group AG will keep Credit Suisse’s domestic bank and fully integrate it, overriding local criticism that a merged entity will hold excessive sway over the country’s financial system. #press
Record Windfall: The Bloomberg Open, Europe Edition
Good morning. UBS smashes the banking profit records as it absorbs Credit Suisse. An adviser to Jeremy Hunt says the BOE’s inflation target may need to be raised. And cannabis stocks gain after the US recommends easing restrictions. #press
UBS Smashes Banking Record as It Absorbs Credit Suisse
UBS Group AG posted the biggest-ever quarterly profit for a bank in the second quarter as a result of its emergency takeover of Credit Suisse, and confirmed that it would fully integrate the local business of its former rival by next year. #press
BOJ Price Target Needs Flexibility, Says Adviser to Government
The 2% inflation target that guides monetary policy in Japan is too rigid, said Mana Nakazora, a private-sector member of the influential Council on Economic and Fiscal Policy. #press
Hyun Song Shin on the New Financial Stability Risks (Podcast)
Source: Bloomberg, 41:19 #press
China’s Top Carriers Trim Losses on Domestic Travel Rebound
China’s three largest airline companies reported significantly narrower losses for the first half of 2023 as Beijing’s lifting of Covid restrictions late last year unleashed pent-up demand for domestic travel. #press
Mitch McConnell Health, Trump's Inflated Assets, and More
Source: Bloomberg, 4:51 #press