MONEY MASTER

UBS Group AG executives have proposed introducing a permanent cap on the size of its investment bank as a way to address concerns from the Swiss government over potential financial risks. The move is designed to reduce the likelihood that future losses, such as the Archegos Capital debacle that contributed to Credit Suisse's collapse, could jeopardize the entire bank. Key Points: Investment Bank Size Limit:  UBS is seeking to make its self-imposed limit on the investment bank, which currently stands at 25% of its balance sheet, a permanent fixture in Swiss law. This would help ease concerns that the investment bank could pose systemic risks to the economy. Capital Requirements:  UBS is currently negotiating with the Swiss government, which is urging the bank to increase its capital levels by up to $25 billion to ensure financial stability. UBS argues that the government's capital demand is excessive, especially considering the bank’s role in rescuing Credit Suisse two years ag...

  Barclays reported a robust 18% rise in third-quarter profit , beating forecasts as slower-than-expected interest rate cuts and a strong performance in its investment banking division prompted the bank to raise its income outlook for the year. The British bank’s pretax profit for July-September hit £2.2 billion (US$2.85 billion or RM12.4 billion), surpassing both last year’s £1.9 billion and analysts' estimates of £2 billion. The strong performance led Barclays to upgrade its net interest income forecast for the year, expecting it to exceed £11 billion , rather than just meet that target. Barclays' shares have surged 61% this year, nearing a nine-year high, and rose another 4% in early trading on Thursday. Analysts welcomed the results, with Richard Hunter , an analyst at Interactive Investor, stating that the positive market reaction was well-deserved. The bank’s domestic lending business continued to perform well, supported by its £600 million acquisition of Tesc...