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CREDIT SUISSE ACQUISITION
UBS says it does not permit the use of external AI models for client transactionsConcerns that sophisticated AI agents could harm the financial system have risen within the banking industry. Major US banks have been bloc...
UBS has cut 10,000 jobs since Credit Suisse takeover in 2023UBS Group AG has decreased its workforce by more than 10,000 employees since acquiring Credit Suisse, aiming to integrate the former rival ...
UBS posts first quarterly loss since 2017 on Credit Suisse costsUBS, Switzerland's largest bank, posted a larger-than-expected loss in the third quarter, marking its first quarterly drop since 2017. This...
UBS posts first quarterly loss since 2017 on Credit Suisse costsUBS posted a larger-than-expected loss in the third quarter on Tuesday, the first quarterly drop since 2017 as it integrates Credit Suisse ...
Credit Suisse puts up China brokerage venture for saleUBS already has a majority-owned securities brokerage business in China. According to Chinese securities regulations, one entity cannot hol...
CCI clears merger of Credit Suisse Group with UBS GroupIn India, UBS is primarily focused on brokerage services, while Credit Suisse's businesses comprise wealth management and investment bankin...
UBS says it was rushed into unwanted Credit Suisse rescue mergerUBS, in a Tuesday filing to the U.S. Securities and Exchange Commission, told investors it had less than four days to conduct due diligence...
UBS wary of buying Credit Suisse in February, wanted more analysis - SEC filingIn March UBS agreed to takeover its struggling rival Credit Suisse for 3 billion Swiss francs ($3.37 billion) and said it would assume up t...
Credit Suisse Q1 Results: Co saw $68 billion in outflows as it crumbledCredit Suisse said on Monday it had 61 billion Swiss francs ($68 billion) in net asset outflows in the first quarter, adding that outflows ...
UBS tells investors shotgun Credit Suisse takeover a 'major challenge'Describing the transaction as "the first merger of two globally systematically important banks," Chairman Colm Kelleher sought to assure in...
UBS and Credit Suisse: Similar Swiss banks with differing fortunesCredit Suisse is still looking shaky despite taking a $54-billion lifeline thrown by the Swiss central bank. Investors remain nervous about...
Credit Suisse markets CSFB as 'super boutique', sees revenue reboundThe marketing presentation, which has not been previously reported, shows the Swiss bank is betting on an aggressive rebound at CS First Bo...
UBS has no desire to buy Credit Suisse, chairman tells newspaperThe former Morgan Stanley president said he was focused on organic growth rather than acquisitions and expanding its business in the United...
Hot Stocks: Brokerages on JB Chemicals, Indian Hotels and banksThe global brokerage firm believes that the deposit rate war brewing is on the expected lines and margins will peak out in Q3FY23. HDFC Ban...
BRIC targeted M&As in 2013 at $155.2 billion: ReportM&A deals targeted towards BRIC countries stood at $155.2 bn so far in 2013, the lowest year to date (January-June) level since 2009, Dealo...
JP Morgan loses more top i-bankersJP Morgan has close to 400 officials in its Mumbai office.
- Credit Suisse announces 3 appointments for India operations
Global banking major, Credit Suisse, announced three major appointments for its India investment banking operations.
- Indian banks queue up to finance Tata Steel’s buyout
Indian banks are queuing up to finance India’s largest leveraged buyout (LBO) - the Tata’s acquisition of Corus Group.
- Banks queue up to finance Tatas' buyout
Indian banks are queuing up to finance India’s largest LBO - the Tata’s acquisition of Corus Group.
- Tatas set off process to finance Corus deal
Corus in fact recommended Credit Suisse name to Tatas for funding the acquisition. Read to know more.