Ari Emanuel’s Endeavor acquires World Wrestling Entertainment to create a live event and combat sport giant.
Category: UBS AG
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Bob Iger Ousts a Marvel Antagonist
Ike Perlmutter, the chairman of Marvel Entertainment who’s had a volatile tenure at Disney, was reportedly among the latest round of job cuts at the entertainment giant.
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UBS Taps an Ex-C.E.O. to ‘Pilot’ its Takeover of Credit Suisse
Sergio Ermotti helped the bank recover after the 2008 financial crisis, but faces a tougher task this time around.
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UBS Brings Back C.E.O. to Manage ‘New Challenges’ of Credit Suisse Takeover
Sergio Ermotti, who stepped down from UBS in 2020, will rejoin the Swiss banking giant as it prepares to absorb its troubled rival, Credit Suisse.
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As Banking Worries Swirl, Europe’s Policymakers Express Confidence, With Caution
Officials say eurozone lenders are strictly supervised and continue to be strong. But at a recent conference, wariness about the future remained.
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UBS Weighs Ending a Plan to Preserve Credit Suisse’s Investment Bank
UBS is weighing whether and how to end a deal that would have preserved most of its rival’s investment bank, as part of its takeover of the ailing Swiss lender.
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Will the Fed Raise Interest Rates During a Banking Crisis?
The central bank’s decision on interest rates on Wednesday is shaping up to be the most consequential of the Jerome Powell era.
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UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale
Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.
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Hedge Funds That Bet on Credit Suisse Rescue Face Uneven Results
Among the funds to bet on the rescue deal were two that specialize in buying the bonds of companies on the brink of bankruptcy.
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Federal Reserve and Global Central Banks Act to Shore Up Dollar Access
America’s central bank and its counterparts around the world are rushing to cushion markets against the impact of bank problems.