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[ad_1] ZURICH: Swiss banking giant UBS announced on Tuesday that Credit Suisse chief executive Ulrich Koerner will join its executive board following the takeover of its fallen domestic rival.Koerner will be the only executive from Credit Suisse to remain on board after the bank is absorbed by UBS.The Swiss government strongarmed UBS into buying its […]

UBS says Credit Suisse CEO to join board in mega merger Read More »

[ad_1] On Tuesday, the Saudi oil giant Aramco reported a first-quarter net profit of 119.54 billion riyals ($31.88 billion), a drop of around 19% from the same period of the previous year. Aramco said the drop was mainly driven by lower crude prices, although partially offset by lower taxes and zakat and a rise in finance and

Aramco Q1 PAT plummets 19% to $31.9 billion on lower crude prices Read More »