Politics

UBS Pauses Credit Suisse Wealth Transfers Amid Integration Challenges

UBS Pauses Credit Suisse Wealth Transfers Amid Integration Challenges

Financial insiders who know what's going on say that UBS has put off moving some very wealthy Credit Suisse customers to its platform because of problems with technology and management.

BUSINESS BY RILEY CARTER NOVEMBER 6, 2025

Swiss Watch Stocks Climb as Investors Bet on Softer U.S. Tariff Policy

Swiss Watch Stocks Climb as Investors Bet on Softer U.S. Tariff Policy

The stock prices of major Swiss watchmakers went up as investors became more optimistic that the US might lower some import taxes, which would ease the pressure on luxury exports.

BUSINESS BY RILEY CARTER NOVEMBER 7, 2025

Warren Buffett Says Age Is Catching Up Berkshire’s Next CEO

Warren Buffett Says Age Is Catching Up but Reaffirms Confidence in Berkshire’s Next CEO

Warren Buffett, who is 95 years old, told shareholders that "Father Time" is now catching up with him as he gets ready to leave his job as CEO of Berkshire Hathaway in January. He did say, though, that Greg Abel is more than qualified to lead the company.

BUSINESS BY RILEY CARTER NOVEMBER 11, 2025