Previous close | 0.7500 |
Open | 0.7500 |
Bid | 0.5800 |
Ask | 0.7200 |
Strike | 17.50 |
Expiry date | 2026-01-16 |
Day's range | 0.7500 - 0.7500 |
Contract range | N/A |
Volume | |
Open interest | 189 |
(Bloomberg) -- The recent selloff in UBS Group AG shares underscores the Swiss bank’s challenge to demonstrate its Credit Suisse Group AG acquisition is on solid ground.Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 Billion Brick WallJudge Threatens Trump With Jail Over Gag Order ViolationsAt $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeRe
UBS took over Credit Suisse in a government-backed rescue last year in what was the biggest merger of banks of systemic importance since the 2007-2009 financial crisis. Korner, who was appointed CEO of Credit Suisse during turbulent times in 2022, joined the board of UBS after the takeover. UBS is working to complete the merger of its legal entities with those of Credit Suisse by late May, the Financial Times said, citing people familiar with the plans.
As the trading week draws to a close, it's time to look ahead at the key events that will take center stage for Yahoo Finance in the upcoming week. The earnings season continues to unfold, with notable companies such as Disney (DIS), Uber (UBER), and Toyota (TM) scheduled to report their quarterly financial results on Tuesday. Additionally, another round of Federal Reserve commentary is on the horizon. Richmond Fed President Tom Barkin and Fed Governor Lisa Cook are expected to share their perspectives on the central bank's policy outlook. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith