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 ...
24 Apr, 2024, 02.37 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
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 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
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...
29 Aug, 2023, 11.45 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
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 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 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...
17 May, 2023, 11.04 AM IST
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...
03 May, 2023, 05.03 PM IST
UBS weighs retaining Credit Suisse unit serving India’s richUBS Group is considering the retention of Credit Suisse's Indian private banking unit after the emergency rescue of its rival last month. I...
12 Apr, 2023, 10.48 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 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
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...
19 Mar, 2023, 06.29 AM IST