HSBC Earnings: Profit Jump and $1 Billion Buyback Fall Short of Investors Hopes
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UBS integration of Credit Suisse slowed AI deployment, Ermotti says
UBS integration of Credit Suisse slowed AI deployment, Ermotti says ZURICH, Oct 27 : UBS CEO Sergio Ermotti said on Tuesday his bank's integration of fallen rival Credit Suisse, which it acquired in 2023, forced it to slow its deployment of AI somewhat, but now the lender can put even more emphasis on technology. Ermotti, who was speaking at an event at the ETH university in Zurich, also said the bank was not allowing any outside AI agents to enter UBS on behalf of clients.
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Budget 2026: Cheaper gherkins but bigger bills?
Listen on Spotify Apple Music Amazon Music Sky News It’s budget eve but can the chancellor really deliver a ‘breathing space’ budget? With living standards under pressure, Sam Coates and Anne McElvoy explore the trade-offs John Healey must balance between the cost-of-living crisis, the government’s plan for growth and whether ministers can convince voters that they’re easing the pressure. Plus, Sam heads to Doncaster-Sheffield Airport, where a bold bet on...
OCBC named third strongest bank globally in The Asian Banker ranking, DBS is 23rd
OCBC named third strongest bank globally in The Asian Banker ranking, DBS is 23rd OCBC was also named the strongest bank in the Asia Pacific in the financial business intelligence provider's latest ranking, leapfrogging seven banks in the region since last year's ranking. SINGAPORE: OCBC was named as the strongest bank in the Asia Pacific in the latest ranking announced by financial business intelligence provider The Asian Banker (TAB) on Tuesday (Oct 27). Singapore's second largest bank...