The Latest Breaking News from UBS

PIMCO's exposure now runs into the billions, a source familiar with the matter said.

The two banks have a long history of not getting along.

The recent collapse of Silicon Valley Bank (SVB) – the failure of the biggest US lender since the 2008 global financial crisis – has created waves across the global banking system. The subsequent collapse of another US institution, Signature Bank, the US$30 billion (£24.5 billion) lifeline given to First Republic…

First Republic Bank led financials higher early Tuesday as regulators work to soothe fears of a bank crisis. UBS, regional bank stocks rise.

City Comment: The concern now must be that the banking is in the hands of one gigantic institution

Investors are looking ahead to a brace of potentially explosive interest rate decisions later in the week

Could isolated failures herald another global banking crisis?

JPMorgan's 2008 rescues ended up costing the bank $19 billion.

UBS’s rescue of Credit Suisse is expected to result in tens of thousands of job cuts, while bank shares are recovering today on both sides of Atlantic