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A statement from the bank said that "UBS has completed the acquisition of Credit Suisse today, crossing an important milestone." UBS had said last week that it expected to complete the acquisition ...
The legal closure of the acquisition “brings clarity ... of losses that UBS may incur from certain Credit Suisse assets, over and above losses of 5 billion francs ($5.5 billion) that UBS has ...
UBS bought Credit Suisse for just over $3 billion. The acquisition does come with some good businesses. However, winding down large parts of Credit Suisse's investment bank could be a challenge.
Credit Suisse and UBS later said the deal would value Credit Suisse at Sfr3 billion, or around $3.25 billion. "This acquisition is attractive for UBS shareholders but, let us be clear, as far as ...
UBS said it will start the most complex part of its Credit Suisse integration in the coming months, as the banking giant ...
UBS, which set aside $4 billion in legal provisions during its acquisition of Credit Suisse, has worked to resolve these legacy issues. The settlement could be one of the final enforcement actions ...
Investing.com -- UBS Group AG (NYSE:UBS) is set to continue reducing its workforce following its historic acquisition of Credit Suisse, said CEO Sergio Ermotti in an interview to Bloomberg.
The Swiss National Bank (SNB) has warned of a highly uncertain economic outlook due to rising trade and geopolitical tensions ...
Cantor Fitzgerald, a financial services firm, that it entered into a definitive agreement to acquire UBS’s O’Connor alternatives investment platform.
March 17 (Reuters) - Banking giant UBS (UBSG.S), opens new tab is in discussions to take over all or parts of Credit Suisse (CSGN.S), opens new tab, with the boards of Switzerland's two biggest ...
The Swiss government has proposed stricter regulations for UBS following its acquisition of Credit Suisse, requiring $26 billion more in core capital. The new rules aim to protect taxpayers and ...
BERN] The Swiss government on Friday (Jun 6) proposed stricter rules for UBS following its takeover of Credit Suisse, which could make it hold US$26 billion more in core capital, confirming some of ...
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