The average Aussies’ net-worth revealed
Australian adults lost more than US$80,000 across 2022 compared to 2021, due in large part to stock market losses, the 2023 UBS Global Wealth Report has revealed.
Australian adults lost more than US$80,000 across 2022 compared to 2021, due in large part to stock market losses, the 2023 UBS Global Wealth Report has revealed.
Swiss investment bank UBS is set to acquire rival bank Credit Suisse in a $3.25 billion deal in an “emergency rescue”.
Starting on Friday, the global banking industry will feel the sharp edge of tightening financial conditions.