The firm said the bank should benefit as investors look to super regionals.
Stocks close higher on Monday as banking crisis fears ease: Live updates
Stocks closed higher as regional banks rose, rebounding from big losses in the past week in the wake of the Silicon Valley Bank collapse.
UBS shares reverse losses, Credit Suisse craters 55% after takeover deal
UBS agreed to buy Credit Suisse as part of a cut-price deal designed to alleviate panic in the banking sector.
Saudi National Bank loses over $1 billion on Credit Suisse investment
Credit Suisse’s largest shareholder confirmed to CNBC that it had suffered a loss of around 80% on its investment.
Thailand dissolves parliament for election
The move paves the path for elections, expected in May.
While Xi is in Russia, Japan’s leader makes surprise visit to Ukraine
Fumio Kishida is reportedly on his way to Ukraine for a surprise visit while Chinese President Xi Jinping is making a state visit to Russia.
Asia’s regulators say banking system is robust and stable after UBS-Credit Suisse takeover deal
From Hong Kong to Australia and Singapore, authorities urged that their domestic banking systems were stable.
A new report reveals many credit card holders don’t claim their rewards — here’s how they’re missing out on free money
Not redeeming your rewards could mean losing out on hundreds of dollars each year.
One country, two crypto systems: Hong Kong harbors crypto hub ambitions despite China’s crackdown
The city’s digital asset push stands in contrast with the mainland, where Beijing has effectively banned trading and stamped out crypto-related activities.
Time to buy the tech rally? Hedge fund manager Dan Niles and others reveal their top picks
Tech was a bright spot last week as the banking crisis rocked markets. Market pros urge caution — but think some stocks are set to outperform.