UBS says Credit Suisse integration to practically complete next yearUBS, Switzerland's largest bank, announced Tuesday it is on schedule with its 2024 targets for integrating Credit Suisse. The bank expects ...
04 Feb, 2025, 12.18 PM IST
Swiss watchdog scrutinises UBS vetting of wealthy Credit Suisse clients, sources sayThe Swiss financial regulator entered into a back and forth with UBS over filters and "know your client" rules, a set of procedures that ba...
30 Jul, 2024, 12.11 PM IST
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...
07 Nov, 2023, 02.52 PM IST
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 ...
07 Nov, 2023, 02.48 PM IST
UBS cuts nearly 70% Credit Suisse researchers in Hong Kong-sourcesUBS' takeover of Credit Suisse marks the first-ever merger of two global systematically important banks after the latter suffered years of ...
21 Sep, 2023, 02.14 PM IST
Momentum is pretty positive: UBS CEO Sergio ErmottiUBS's CEO said that the momentum is pretty positive at the Swiss bank. Ermotti said last week that he plans to stay at the bank's helm thro...
19 Sep, 2023, 03.30 PM IST
UBS reports huge 2Q profit skewed by Credit Suisse takeover, foresees USD 10B in cost cutsCEO Sergio Ermotti, in a statement, said it would roll in Credit Suisse's domestic operations, in the midst of speculation they might be sp...
31 Aug, 2023, 05.41 PM IST
UBS to absorb Credit Suisse's domestic bank, eyes $10 bln in cost savingsUBS subsidiary Credit Suisse on Thursday posted a net loss of 9.3 billion Swiss francs. Credit Suisse saw assets under management decline 3...
31 Aug, 2023, 10.47 AM IST
Credit Suisse Hong Kong investing banking job cuts, targeting 80%, start this weekAround 80% of Credit Suisse's Hong Kong-based investment banking staff will be laid off starting this week as part of its integration with ...
07 Aug, 2023, 11.47 AM IST
UBS to start Credit Suisse Asia investment banking job cuts in July: SourcesUBS completed its emergency takeover of embattled rival Credit Suisse last week, forging a Swiss banking and wealth management giant with a...
21 Jun, 2023, 04.53 PM IST
UBS set for 'bumpy' integration of Credit SuisseThe coming months are likely to be "bumpy", warned UBS chief Sergio Ermotti on Friday, adding the integration will come with "waves" of dif...
12 Jun, 2023, 08.39 AM IST
Credit Suisse CEO to join board in mega merger: UBSSwiss banking giant, UBS, has confirmed that Ulrich Koerner, CEO of Credit Suisse will join its board following the acquisition of its dome...
09 May, 2023, 01.35 PM IST
UBS says Credit Suisse CEO Koerner to join leadership of combined groupThe leadership reshuffle follows the government-orchestrated rescue of Credit Suisse, which UBS agreed in March for 3 billion Swiss francs ...
09 May, 2023, 11.51 AM IST
Credit Suisse integration will take up to 4 years, says UBS chairmanEven with downside protection in the form of government support, there’s a “huge amount of risk in integrating these businesses,” Colm Kell...
05 Apr, 2023, 04.22 PM IST
UBS’s Kelleher says Credit Suisse integration bigger than 2008 crisis dealsUBS and Credit Suisse, the second-biggest bank in Switzerland, were both among the select banks around the world considered to be global sy...
29 Mar, 2023, 04.49 PM IST
Credit Suisse rejigs Private Banking business brass in IndiaKunnambath would report to Alex Wade, Head of Developed and Emerging Asia for Private Banking Asia Pacific.
24 Feb, 2017, 02.32 PM IST
- Credit Suisse appoints David Mulford as Vice-Chairman
Credit Suisse has appointed former US ambassador to India David Mulford as vice-chairman International.
12 Mar, 2009, 11.57 AM IST