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Swiss Re swings to bigger-than-expected net profit in quarter

Reinsurance company Swiss Re said on Thursday that it swung to a net profit in the first quarter that was bigger than analysts had expected and was helped by higher prices and improved investment results. ....

Kirsti Knolle , Tom Sims , Christian Mumenthaler , Thomson Reuters Trust Principles , Chief Executive Officer Christian , Thomson Reuters Trust ,

UBS hit by old toxic debt costs ahead of 'hard' Credit Suisse task

UBS said on Tuesday it had set aside more money to draw a line under its involvement in toxic U.S. mortgages, halving its first-quarter profit as the bank girds itself for the "hard" task of swallowing fallen rival Credit Suisse . ....

United Kingdom , United States , Edwina Gibbs , Sergio Ermotti , Noele Illien , Us Department Of Justice , European Central Bank , Credit Suisse , Thomson Reuters Trust Principles , Latin America , Inside Paradeplatz , Thomson Reuters Trust , Rsbi Boards ,

BOC Aviation awarded $406.2 mln over planes stuck in Russia

A U.S. judge on Tuesday ordered Russia's largest cargo airline to pay aircraft lessor BOC Aviation Ltd $406.2 million after being declared in default on leases for three Boeing 747-8F planes following Russia's invasion of Ukraine. ....

New York , United States , Jonathan Stempel , Lewis Liman , China Ltd , Aviation Ltdv Airbridgecargo Airlines , Airbridgecargo Airlines , Thomson Reuters Trust Principles , European Union , Aviation Ltd , Us District Court , Judge Lewis Liman , Volga Dnepr Logistics , Southern District , Thomson Reuters Trust , Reuters Legal ,

UBS faces investors after shotgun Credit Suisse merger

UBS Group AG will on Wednesday seek to reassure shareholders that its unexpected takeover of rival Credit Suisse Group AG in the biggest bank rescue since the last global financial crash can work. ....

Tomasz Janowski , Ralph Hamers , Sergio Ermotti , John Odonnell , Axel Lehmann , Colm Kelleher , Credit Suisse , Thomson Reuters Trust Principles , Chief Executive Ralph Hamers , Chairman Colm , Chairman Axel Lehmann , Noele Illien Editing , Johno Donnell , Thomson Reuters Trust , Rsbi Boards , Sustainable Business ,