Por: Associated Press Business April 25, 2023
GENEVA (AP) — Swiss banking giant UBS said Tuesday it took in $28 billion of net new money for its wealth management business in the first quarter, with $7 billion of that coming in the days after the announcement of its government-backed takeover of ailing rival Credit Suisse.The Zurich-based bank, which is set to become Switzerland’s banking titan after the merger closes in coming months, said underlying pre-tax profit dropped 22 percent... + full article
The Boston Globe USA Business June 13, 2023
UBS completed the acquisition of Credit Suisse, sealing the biggest merger in banking since the 2008 financial crisis and creating a global wealth-management titan.The closing of the deal, announced in an open letter published Monday, ends Credit Suisse’s independent existence... + más
UBS Buying Rival Credit Suisse In $3.2 Billion Rescue Deal | Forbes
UBS' dramatic takeover of Credit Suisse was the deal neither bank wanted. Here are some of the passive-aggressive digs from both sides. | Business Insider
Business Insider USA Business June 13, 2023
Jump to 0 An icon in the shape of a person's head and shoulders. It often indicates a user profile. An icon in the shape of a person's head and shoulders. It often indicates a user profile. All Featured About Follow Subscriptions US Markets Loading... H M S In the news... + más
What Are the Duties of A Trustee? | Forbes
ABC News USA World April 25, 2023
GENEVA -- Swiss banking giant UBS said Tuesday it took in $28 billion of net new money for its wealth management business in the first quarter, with $7 billion of that coming in the days after the announcement of its government-backed takeover of ailing rival Credit Suisse.The... + más
UBS to buy Credit Suisse for more than $3 billion in deal backed by Swiss government | MarketWatch
Business Insider USA Business March 20, 2023
UBS agrees to buy troubled Credit Suisse for more than $2B to ‘secure financial stability’ | New York Post
Forbes USA Business March 19, 2023
Updated Mar 19, 2023, 04:09pm EDTTopline UBS Group AG has struck a deal to buy Credit Suisse—a rival Swiss bank rocked by financial turmoil—for over $3 billion, the announced Sunday, as bank executives and Swiss officials sprint to contain a crisis sparked in part by the... + más
New York Post USA Business March 19, 2023
UBS, Switzerland’s largest bank, has agreed to buy rival Credit Suisse for more than $2 billion in an emergency deal to avoid turmoil stemming from . The Swiss National Bank announced the deal on Sunday, saying that it would “secure financial stability and protect the Swiss... + más
MarketWatch USA Business March 19, 2023
“With the takeover of Credit Suisse by UBS, a solution has been found to secure financial stability and protect the Swiss economy in this exceptional situation,” the SNB said in a statement. UBS will buy Credit Suisse for 3 billion francs ($3.25 billion), or 0.76 francs per... + más
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