UBS cuts several hundred jobs across EMEA – report
Europe
Gold overtakes US Treasuries as top global reserve asset
By the end of 2025, gold made up 27% of global central bank reserves, up from 20% a year earlier, while the share of US Treasuries fell to 22% from 25%.
Lighter rules help US, UK banks add $1.3tn to balance sheets
Investec applies for Ireland banking permit – report
Julius Baer AUM hits SFr 528bn, signals “substantially higher” H1 profit
Intesa weighs move for Spanish wealth manager Singular – report
UK fines Deutsche Bank over Russian sanctions breach
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