OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than…
Continue ReadingTag: UBS Group AG
Microsoft AI bet shows up in finance leases that haven’t yet commenced
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia,…
Continue ReadingUBS’ Ermotti may have pulled off deal of the decade with Credit Suisse rescue
UBS CEO Sergio Ermotti on Tuesday, May 7, 2024. Bloomberg | Bloomberg | Getty Images After…
Continue ReadingGoldman Sachs jumps into bitcoin ETFs while Morgan Stanley retreats
When the SEC opened the door in January for bitcoin exchange-traded funds to hit the mainstream,…
Continue ReadingUBS second-quarter earnings 2024
Swiss banking giant UBS on Wednesday smashed net profit expectations for the second quarter, amid cost-cutting…
Continue ReadingTurkey lands first place for wealth growth in global ranking despite soaring inflation
Golden Horn and Bosphorus at sunset, Istanbul, Turkey Matteo Colombo | Digitalvision | Getty Images Turkey…
Continue ReadingUBS backs $37 million round for climate fintech startup Doconomy
From left to right: Johan Pihl, Doconomy’s chief creative officer and co-founder, and Mathias Wikstrom, chief…
Continue ReadingBRK, PARA, SAVE and more
Check out the companies making headlines in premarket trading. Berkshire Hathaway — Class A shares traded…
Continue ReadingUBS chair says Swiss banking giant is not ‘too big to fail’
Fabrice Coffrini | Afp | Getty Images UBS Group Chairman Colm Kelleher on Wednesday said that…
Continue ReadingUBS CEO says Credit Suisse will be a case study for big bank mergers
The mammoth integration of failed bank Credit Suisse into its former rival UBS will act as…
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