UBS News

Saudi National Bank's chairman, Ammar Al Khudairy, has resigned from his post following the banking crisis that has hit Credit Suisse Group AG.

The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. UBS’ decision to acquire its rival, Credit Suisse, has, of course, shaken up the financial industry once again.…

UBS Group has successfully acquired the struggling Swiss bank Credit Suisse for a reported $3.2 billion, after Justin Sun attempted to buy the bank.

UBS Group AG, a crypto friendly bank, is reportedly offering to purchase Credit Suisse, a global investment bank, for up to $1b

A recent report by UBS, Switzerland’s largest bank, has warned about a crypto winter in which prices drop and may not recover for years. According to the bank’s analysts, several key factors affect cryptocurrencies’ values. In a note to clients,…

According to a Bloomberg report, the ultra-rich clients of Goldman Sachs are interested in cryptocurrency.  An Ever-growing Interest The news agency quoted a recent survey from the American financial giant, which shows that almost half of the family offices interviewed…

Over the past few years, banks have significantly edged closer to the world of cryptocurrencies. The traditional banking system has become far less efficient in terms of both performance and cost-wise. As such, several banks have been eyeing cryptocurrencies and…

Swiss multinational investment banking giant UBS Group AG is looking at ways to give its wealthy clients exposure to digital assets.  UBS Could Offer Cryptocurrency Investment Service  According to BNN Bloomberg on Monday (May 10, 2021), people knowledgeable with the…

According to a press release dated September 18, 2019, published by AutomotiveIT, ZF Friedrichshafen is partnering with IBM and UBS to build a blockchain-based payment platform for the automotive industry. A New Cashless Solution for the Automotive Industry Global giants…

Sergio Ermotti, the Chief Executive Officer of Swiss investment bank UBS, believes that blockchain may be the answer to the banking industry’s woes. UBS Chief Discusses Blockchain When asked about blockchain technology in an interview with Finder on June 19,…

While banks have been largely opposed to the digital currency bitcoin due to its decentralized peer-to-peer nature that threatens banks’ business models, they are not shying away from using bitcoin’s underlying technology, the blockchain, to develop their payment systems. An…