UBS said it was back in profit, after two loss-making quarters driven by costs from integrating Credit Suisse.
The Australian lender reported a 4% fall in interim profit, but boosted its dividend by almost 2.5% and announced a share buyback as its capital position remained strong.
The S&P 500 rose 1%, while the Dow Jones Industrial Average added 0.5%. Walt Disney, Uber and Airbnb are among the companies reporting results this week.
Jim Langston is leaving Cleary Gottlieb Steen & Hamilton to join Paul Weiss’s mergers-and-acquisitions practice.
The agency could seek an order that would prevent the popular brokerage firm from trading certain crypto assets.
AI-enabled smartphones and PCs should help the maker of wireless chips, which remains among the cheapest in semiconductor stocks.
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