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Top related persons:
Bruno Verstraete - 2 Fabrice Coffrini - 1 Benjamin Goy - 1 Sharath Kumar - 1 Verstraete - 1
Top related locs:
Swiss Zurich 2Q23 Switzerland
Top related orgs:
UBS - 2 Credit Suisse - 2 Lakefield Partners - 2 Swiss - 2 Lakefield - 1 AFP - 1 Getty - 1 Deutsche Bank - 1

Search resuls for: "Lakefield"


4 mentions found


☆ No more 'bodies in the cupboard' for UBS after Credit Suisse acquisition: Lakefield Partners
  + stars: | 2023-08-31 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNo more 'bodies in the cupboard' for UBS after Credit Suisse acquisition: Lakefield PartnersBruno Verstraete, partner at Lakefield Partners, discusses the positive market reaction to UBS' massive second-quarter profit and announcement that it will fully absorb Credit Suisse's Swiss banking division.
Persons: Bruno Verstraete Organizations: UBS, Credit Suisse, Lakefield, Lakefield Partners, Swiss
☆ A 'historic' result but still a 'construction site': Analysts react to blowout UBS earnings
  + stars: | 2023-08-31 | by ( Elliot Smith | ) www.cnbc.com   time to read: +4 min
Swiss authorities brokered the controversial emergency rescue of Credit Suisse by UBS for 3 billion Swiss francs ($3.37 billion) over the course of a weekend in March. Fabrice Coffrini | AFP | Getty ImagesUBS shares rallied to 15-year highs on the back of what analysts branded a "historic" earnings report, though Deutsche Bank said the Swiss banking giant may remain a "construction site" for some time. UBS also announced that it will fully integrate Credit Suisse's Swiss banking unit, a key profit center, in 2024. Notably, UBS highlighted that the massive net asset and deposit outflows seen by Credit Suisse over the last year have finally begun to reverse, and turned positive in June. "It's difficult to combine a blowout result like that and then to announce layoffs at the same time.
Persons: Fabrice Coffrini, Benjamin Goy, Sharath Kumar, Bruno Verstraete, Verstraete Organizations: Credit Suisse, UBS, AFP, Getty, Deutsche Bank, Swiss, Credit, midafternoon, Lakefield Partners, CNBC Locations: Swiss, Zurich, 2Q23, Switzerland
☆ Human remains found inside crocodile in Australia believed to belong to missing fisherman
  + stars: | 2023-05-03 | by ( Tara Subramaniam | ) edition.cnn.com   time to read: +2 min
CNN —Remains found inside a crocodile in Australia are believed to belong to a 65-year old fisherman who went missing over the weekend, according to local police. The two crocodiles were 4.1 meters (13.5 feet) and 2.8 meters (9.2 feet), police said in a statement. According to DES, the “vast majority” of attacks are carried out by crocodiles larger than two meters (over six feet). Human remains were found within one of the crocodiles, though police officers believe both were involved in the incident with Darmody, the statement added. “There was a noise, a loud yell, and then the sound of the water splashing.”“It’s a national park and there are wild animals up there, wild crocodiles,” he added.
☆ UBS-Credit Suisse merger can be a success story: Private banker
  + stars: | 2023-04-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUBS-Credit Suisse merger can be a success story even if it'll be a very big bank: Private bankerBruno Verstraete, partner at Lakefield Partners, says Switzerland fears "it's almost too big to rescue."
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