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UBS OF CREDIT SUISSE
HSBC names Gautam Anand to lead Global India private banking unitHSBC has appointed Gautam Anand to lead its global India private banking division, aiming to bolster cross-border services for affluent cli...
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 ...
UBS says 'seriously concerned' about new capital requirements talkUBS executives express serious concerns over Swiss government's plan for tougher capital requirements, fearing the need for $15-25 billion ...
85 Swiss branches of UBS and Credit Suisse to shut, report saysUBS will close 85 branches in Switzerland as part of its consolidation with Credit Suisse, aiming to cut costs and reduce branch duplicatio...
UBS names India, South Korea, others as 'slow' to approve Credit Suisse dealUBS Group has identified South Korea, India, Ireland, and Saudi Arabia as slow in granting regulatory approvals required for its takeover o...
UBS' Credit Suisse takeover with nickel and a dime. Is this the 'deal of the century'?UBS's acquisition of Credit Suisse for $3.25 billion in March has been hailed as the "deal of the century" after UBS reported a net profit ...
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...
After Credit Suisse takeover, UBS gives first glimpse of new groupUBS is set to release its first earnings report since acquiring Credit Suisse, providing insight into the impact of the deal. The report wi...
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 ...
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...
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 aims to close Credit Suisse deal by end of May, early June: CEOIn March UBS agreed to takeover its struggling cross-town rival for 3 billion Swiss francs ($3.37 billion) and said it would assume up to 5...
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...
Up to 36,000 jobs may go in UBS-Credit Suisse merger: ReportsThe takeover by UBS of Credit Suisse was hastily arranged by the Swiss government on March 19 to prevent a global financial meltdown, follo...
UBS sends Iqbal Khan to stem Credit Suisse’s private banker exits; vows retention packages for Asia staffKhan signaled during his Asia trip that relationship managers should stick around until the merger closes because UBS would be willing to o...
UBS likely to shrink Credit Suisse's $10 bln shipping portfolio: ReportUBS could also try to sell the portfolio, but doing so could prompt owners to move their accounts elsewhere, the WSJ reported, citing peopl...
UBS, regulators race to seal Credit Suisse deal: ReportUBS Group AG , Credit Suisse Group and key regulators are rushing to finalise a deal on the merger of the two Swiss banks as soon as Saturd...
UBS upgrades offer, agrees to buy Credit Suisse for over $2 billionThere has been a mad scramble to rescue the 167-year-old bank before financial markets reopen on Monday. UBS was reportedly under much pres...
Credit Suisse opposes UBS Group's $1 billion takeover offer: ReportAccording to a Bloomberg report, the Swiss lender is pushing back, saying the offer is too low and would hurt shareholders and employees wh...
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...