Colm Kelleher

Editor’s Note: This story has been updated to include a comment from a UBS spokesperson. Treasury Secretary Scott Bessent criticized Sen. Elizabeth Warren (D-Mass.), accusing her of partisanship that is harming the American economy and undermining the “golden age” being...

The lower house of Switzerland’s parliament has retrospectively rejected the 109 billion Swiss francs ($120.7 billion) of financial guarantees the government provided to Credit Suisse Group AG (NYSE:CS) as part of a hastily assembled rescue package, according to a report. What Happened: At an...

UBS Group AG (NYSE:UBS) CEO Ralph Hamers reportedly said on Monday the Swiss lender views its government-orchestrated takeover of Credit Suisse Group AG (NYSE:CS) as a growth opportunity. What Happened: “While we did not seek this transaction, we were prepared, and we see it as an opportunity...

John Mack, the former CEO of Credit Suisse Group AG (NYSE:CS), reportedly heaped praises on UBS Group AG (NYSE:UBS) Chairman Colm Kelleher, saying the banker is smart and is a natural leader. "I think as a first-class leader clearly he’s very smart and I think working together through the...