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...
19 Sep, 2023, 03.32 PM IST
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 ...
13 Sep, 2023, 10.27 AM IST
UBS ends state guarantee granted over Credit Suisse rescueUBS has repaid billions in emergency loans from the Swiss government, freeing it of taxpayer-backed funding. Among the loans repaid was 9 b...
11 Aug, 2023, 01.42 PM IST
UBS aims to avoid using $10 bln Credit Suisse backstop amid backlashIn June, UBS reached an agreement with the Swiss government under which the government will guarantee up to 9 billion Swiss francs ($9.98 b...
03 Jul, 2023, 09.25 AM IST
UBS completes takeover of Credit SuisseUBS has successfully concluded its acquisition of Credit Suisse, resulting in a mammoth banking entity, as two global banks unite for the f...
12 Jun, 2023, 08.19 PM IST
UBS completes completes Credit Suisse takeover, gains clout as global wealth playerCommenting on the biggest banking deal since the 2008 global financial crisis, UBS CEO Sergio Ermotti and Chairman Colm Kelleher said "this...
12 Jun, 2023, 02.00 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
UBS expects to seal Credit Suisse takeover as early as June 12Swiss banking giant UBS will be completing its takeover of Credit Suisse around 12 June. This is later than the expected date of UBS chief ...
05 Jun, 2023, 02.01 PM IST
Swiss finance minister sees no 'stumbling blocks' to UBS takeover of Credit SuisseThe Swiss parliament is due to hold an extraordinary session next week to discuss the emergency merger engineered by the Swiss authorities ...
08 Apr, 2023, 04.42 PM IST
Swiss regulators defend rescue of Credit Suisse via UBS dealThe head of the Swiss financial regulator on Wednesday defended the rescue of Credit Suisse through a controversial takeover by rival bank ...
05 Apr, 2023, 03.16 PM IST
Swiss prosecutors say investigating UBS-Credit Suisse mergerIn an email to AFP, prosecutors said they issued orders to investigate after "taking stock of the situation with all the relevant internal ...
03 Apr, 2023, 08.09 AM IST
- Bank rescue as insurance
It has just become clear how flighty are the wealth management assets on which banks like UBS make their money. For UBS and for all banks, ...
20 Mar, 2023, 11.44 PM IST
UBS and Credit Suisse merger enormous risk for Switzerland: Swiss lawmaker"The new UBS is also another massive risk - it's going to have more than 1,500 billion francs in assets, and it's simply too big for Switze...
20 Mar, 2023, 03.28 PM IST
UBS takeover of Credit Suisse: the main points"Its fate is therefore not only decisive for Switzerland, for our companies, for private clients, for its own employees, but also for the s...
20 Mar, 2023, 02.26 PM IST
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...
20 Mar, 2023, 07.50 AM IST
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...
20 Mar, 2023, 12.28 AM IST
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...
19 Mar, 2023, 07.49 PM IST