UBS CEO Ermotti to step down in April 2027 after steering Credit Suisse integration: ReportsUBS CEO Sergio Ermotti is reportedly planning to step down in April 2027, having guided the bank through the Credit Suisse takeover. He had...
13 Jan, 2026, 12.26 PM IST
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 ...
04 Feb, 2025, 03.21 PM IST
UBS in talks on Indian minority-owned wealth joint venture, say sourcesUBS is negotiating a joint venture with Mumbai-based 360 One WAM to expand its wealth management services in India. The partnership aims to...
27 Sep, 2024, 03.39 PM IST
Credit Suisse ceases to exist as UBS wraps up takeover"Today, Credit Suisse AG has been deregistered in the Commercial Register of the Canton of Zurich," UBS said in a statement on Friday. It "...
01 Jun, 2024, 12.53 AM IST
Hot Stocks: Brokerages view on Zomato, Delhivery, Adani Ports and SiemensBrokerage UBS maintained a buy rating on Zomato and initiated coverage on Adani Ports and Delhivery. Motilal Oswal recommended a buy on Sie...
22 Dec, 2023, 10.42 AM 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
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
After Credit Suisse takeover, UBS begins cost drive by axing 3,000 Swiss jobsUBS also announced it would be keeping Credit Suisse's domestic bank - and the ensuing job losses are expected to result in a backlash in S...
31 Aug, 2023, 02.46 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 may slash 8,000 jobs after $11-b Q1 loss
UBS may cut as many as 8,000 jobs as it grapples with the biggest credit writedowns of any European bank and a 12 billion franc ($11.4 bill...
06 May, 2008, 03.26 AM IST
- UBS under attack as former head urges investment bank sale
Embattled Swiss banking giant UBS faced calls for its break up on Friday as its former boss called for the sale of the troubled investment ...
04 Apr, 2008, 05.07 PM IST
- Air Deccan seeks nod to fly abroad: Mallya
Kingfisher Airlines Chairman Vijay Mallya today said budget carrier Air Deccan, in which he has acquired control, has applied for permissio...
30 Oct, 2007, 08.25 PM IST
- Accenture to look into integration of Kingfisher, Deccan
Kingfisher Airlines Chairman Vijay Mallya said the company has mandated management consulting firm Accenture to study the possibility of in...
30 Oct, 2007, 11.49 AM IST