Por: New York Post Business June 28, 2023
UBS Group is looking to cut more than half of Credit Suisse’s workforce from next month as a result of the , according to a report on Tuesday. Bankers, traders, and support staff in Credit Suisse’s investment bank in London, New York, and in some parts of Asia are expected to bear the brunt, with almost all activities at risk, . UBS intends to eventually reduce the total combined headcount by about 30%, or 35,000 people, with headcount... + 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
Fox Business USA Business June 04, 2023
Payne Capital Management President Ryan Payne and Bullseye American Ingenuity Fund portfolio manager Adam Johnson discuss the prospects of recession, the return of Sergio Ermotti as UBS CEO and the markets.UBS may reportedly decide to push back its quarterly results as it... + más
UBS agrees to buy troubled Credit Suisse for more than $2B to ‘secure financial stability’ | New York Post
New York Post USA Business March 21, 2023
UBS Group’s emergency bailout of struggling lender Credit Suisse reportedly could result in “tens of thousands” of layoffs — and worried bankers are already said to be scrambling to contact recruiters. The culling is expected to hit hardest at Credit Suisse’s... + más
UBS reaches agreement to buy Credit Suisse after upping offer: report | Fox Business
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
UBS to buy Credit Suisse for more than $3 billion in deal backed by Swiss government | MarketWatch
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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