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The UBS chief’s unexpected comeback to the Swiss banking giant resulted in a $15.9 million salary

March 28, 2024
UBS chief's surprise return to the Swiss banking giant bagged him a $15.9 million paycheck

The Swiss banking giant UBS has recently made headlines with the return of CEO Sergio Ermotti, who earned a whopping 14.4 million Swiss francs in 2023. After unexpectedly taking the helm once again, Ermotti replaced … Read more

Categories Finance Tags banking, chiefs, comeback, giant, Million, resulted, salary, Swiss, UBS, Unexpected

Signs of Weakness in the Banking Sector Could Emerge Without Increased M&A Activity

March 19, 2024
Where cracks in the banking sector may appear without more M&A

The Regional Banking Crisis of 2023: What’s Next for Smaller Banks As the memory of last year’s regional banking crisis begins to fade, it’s easy to believe the industry is in the clear. But the … Read more

Categories Finance Tags activity, banking, Emerge, increased, sector, Signs, Weakness

As Markets Correct, Remember The Wit & Wisdom Of Ace Greenberg

May 12, 2022
The Wall Street Journal 1982: Ace Greenberg

“Tricks make headlines, but winners execute the basics..” Markets remain in a major correction – but fear not. When the hurly burly is done, what goes down and survives will (eventually) come back up! As … Read more

Categories Stocks, Bonds, and Trading Tags Ace Greenberg, banking, Market Correction

Yellen Just Soaked Up Record Levels of Liquidity

March 16, 2024April 27, 2022
Janet Yellen

The Treasury General Account absorbed a heap of cash last week as taxes poured in, bringing the TGA balance to $908 billion, the highest since May 2021: Given these taxes were previously somebody’s deposits, this … Read more

Categories Business News Tags bank reserves, banking, Janet Yellen, Treasury General
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