The Latest Breaking News from UBS

In telling their stories about how the future is bright for stocks, bulls point to solid earnings to justify the optimism. But cracks are forming in that narrative — in the trajectory of profits, and just as worryingly in the makeup of the profits themselves.

Banks in Switzerland are holding a substantial amount of the millions of dollars Lebanese central bank chief Riad Salameh is accused of embezzling, Swiss media reported on Sunday. Salameh, 72, faces investigations related to suspicions of money laundering and illicit enrichment in Lebanon and abroad after he amassed a fortune…

ChatGPT isn't the only game in town. It may have just hit a record-breaking 100 million monthly active users in just two months, according to a UBS study, but other artificial intelligence (AI) heavyweights hope to catch up. Chief among them are Google's LaMDA, so clever that an employee was…

Jerome Powell has lost some of his focus when it comes to fighting inflation, UBS's chief investment officer said.

Unprecedented take-up may make AI chatbot the fastest-growing consumer internet app ever, analysts say

More than 50% of traders say that A.I. and machine learning will be the most disruptive forces shaping markets over the next three years, according to a new survey.

Florida governor’s moves spur Trump to lash out at him during low-key events over the weekend in New Hampshire and South Carolina. Plus, Sarah Michelle Gellar makes a comeback

Exclusive: Leak shows oligarch was a major client of Barclays in Monaco and UBS in Zurich, with at least $940m in assets held at the banks

Supermarket price increases accelerated over the past three months of 2022, with Woolworths leading the charge, according to research by investment bank UBS.