ZURICH (Reuters) - UBS CEO Sergio Ermotti on Wednesday urged authorities to improve their ability to detect problems at banks as he sought to find common ground over efforts to overhaul the Swiss banking sector following the 2023 demise of Credit Suisse. UBS is at the heart of the debate on new regulations because of the significance it assumed when...

03:05 PM EDT, 03/19/2025 (MT Newswires) -- AT&T ( T ) is likely to report Q1 revenue slightly below estimates, with EBITDA clocking in ahead of forecasts, RBC Capital Markets said in a note emailed Wednesday. The firm expects Q1 revenue of $30.2 billion and EBITDA of $11.4 billion. The estimates compare to consensus forecasts of $30.4 billion and $11.3...

02:53 PM EDT, 03/19/2025 (MT Newswires) -- Apollo Global Management ( APO ) agreed to acquire a majority stake in OEG Energy Group from Oaktree Capital Management and other investors in a deal that values the offshore energy services provider at more than $1 billion. Oaktree and other OEG investors will keep a minority stake in the UK-based company, which...

BRUSSELS, March 19 (Reuters) - French engine and aircraft equipment maker Safran has offered the sale of a business in North America which it agreed in December, as a remedy to address EU concerns about its $1.8 billion bid for Collins Aerospace's flight controls business, a person with direct knowledge of the matter said on Wednesday. Safran submitted its offer...