Banking

Keppel First-Half Net Profit Drops 59%: Legacy Rigs and M1 Sale Drag Earnings.

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Financial trading chart display showing Keppel corporate logo, Singapore Stock Exchange ticker, and asset management metrics

Executive Summary: Legacy Assets Weigh on Total Bottom Line Global asset management and operating powerhouse Keppel Limited released its first-half (1HFY2026) financial results, presenting a stark contrast between its core fee-generating transformation and its legacy non-core asset portfolio. The company reported a 59% year-on-year drop in overall net profit attributable to shareholders, falling to S$154.7 … Read more

UBS Credit Suisse Integration Nears Completion: $3 Billion Share Buyback Announced.

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Conceptual financial banking display featuring the UBS corporate tower, stock market trading graphs, and global currency metrics

Executive Summary: Finalizing the Largest Mega-Bank Merger in Decades In March 2023, Swiss banking giant UBS Group AG undertook the most complex rescue acquisition in modern financial history by acquiring rival Credit Suisse. Fast forward to today, and CEO Sergio Ermotti has officially confirmed that the global UBS Credit Suisse integration is entering its final … Read more