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20/05/2025
UBS CEO: 80% of investment in artificial intelligence is to improve efficiency and 20% is for profit.
Latest
1 m ago
On Monday, the New York closing price of CME Bitcoin futures BTC main contract rose by 1.08% compared to the New York closing price on Friday, reaching $106,000. CME Ethereum futures DCR main contract fell by 2.13%, reaching $2521.50. It opened "breakdown" at $2343.50 at 06:00 Beijing time, and has been continuously falling since rising to $2751 on May 13th.
2 m ago
The Japanese Yen rose more than 0.5%, while the Australian Dollar and the New Zealand Dollar rose by 0.7%.
4 m ago
UBS Group suffered a preliminary defeat in downplaying initial efforts by the Swiss government to propose a law that could force UBS to maintain up to an additional $250 billion in capital. Sources revealed that in the draft legislation that the government will submit to parliament, the Zurich-based bank will be required to increase its ability to cover losses from overseas subsidiaries to 100% of the capital of these subsidiaries.
8 m ago
Insiders: The US Department of the Treasury is not particularly concerned about Moody's downgrading the US credit rating; rating agencies are a "lagging indicator."
11 m ago
UBS Group is feared to lose the first round in the fight against Switzerland's increased capital regulatory requirements.
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