A member of the ECB's governing council told CNBC Friday that the central bank will likely raise rates for the first time in more than a decade. The ECB has been criticised for taking a less…

UBS Group has reached an agreement for the sale of its Spanish wealth management operations to Madrid-headquartered Singular Bank. This was made known in an announcement published by the Swiss bank said on Monday. This…

General Motors has announced plans to install up to 40,000 electric vehicle chargers across North America. This is part of an extensive plan to invest approximately US$750 million in charging infrastructure in hopes that it will…

The European Central Bank (ECB) has intensified its call for banks to increase human and financial resources to improve their post-Brexit operations in continental Europe. This is based on a piece of news published by…

Swiss bank UBS is planning to shut down its brokerage in Mexico. This is according to the testimony of sources close to the matter. The lender’s decision follows a pattern of similar moves made by other…