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Showing 1 - 10 of 24 results for "ERM"

UBS completes landmark Credit Suisse acquisition

ANDREW MCKEAN  |  TUESDAY, 13 JUN 2023
Wealth management powerhouse UBS has completed its acquisition of Credit Suisse, marking the end of the largest banking deal since the 2008 Global Financial Crisis. UBS acquired the crisis-stricken Credit Suisse for US$3.2 billion, with support from ...

UBS outlines new operating model, leadership

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
Ahead of formally integrating Credit Suisse, UBS unveiled its intended operating model and leadership team. With the deal expected to close in a matter of weeks, UBS explained it intends to keep the companies and brands separate. It explained each institution ...

UBS swaps out chiefs amid Credit Suisse acquisition

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
Following its agreement to purchase the embattled bank, Sergio Ermotti will return to the helm of UBS and take over from Ralph Hamers. Hamers will officially relinquish his chief executive title next Wednesday to "serve the interests of the new combination ...

ECP Asset Management adds to team

ANNABELLE DICKSON  |  TUESDAY, 7 SEP 2021
... Breen spent over five years at Hyperion specialising in global equities investing. He was previously a derivatives trader at ERM Power. ECP Asset Management chair and chief investment officer Manny Pohl founded Hyperion Asset Management in 1996 and served ...

Chief economist update: An extra mile for a deal

BENJAMIN ONG  |  MONDAY, 14 DEC 2020
... you cry, "the sky is falling", note that the UK has left a European grouping not so long ago - the Exchange Rate Mechanism (ERM) that was aimed at promoting financial stability across Europe. The UK exited the ERM on 16 September 1992 - two years after ...

Chief economist update: Annus horribilis with a vengeance

BENJAMIN ONG  |  FRIDAY, 8 MAY 2020
... shrank for the seventh straight quarter in June 1992 and the pound sterling was forced out of the Exchange Rate Mechanism (ERM) on the 16th of September of the same year - sending the British currency crashing by 18.2% and making George Soros tons of ...

Where's the Brexit-induced recession?

BENJAMIN ONG  |  MONDAY, 19 SEP 2016

Britons vote 'Adieu EU'

BENJAMIN ONG  |  MONDAY, 27 JUN 2016

Hyperion taps utilities provider for talent

MARK SMITH  |  WEDNESDAY, 8 JUN 2016
... Hyperion Asset Management has appointed an equity dealer to its team. Justin Breen joins the firm from listed utilities company ERM Power where he was a derivatives trader on a $4 billion energy portfolio. His appointment paves the way for dealer and ...

Euro - another experiment doomed to fail?

BENJAMIN ONG  |  MONDAY, 29 JUN 2015
... what is at greater risk is the very existence of the single currency experiment. Like the European exchange rate mechanism (ERM) - and other unifying experiments before that - the euro will be another failed experiment. The European powers that be don't ...
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