Etiket: Suisse
UBS expected to cut 35,000 jobs with Credit Suisse takeover
(Geneva) The Swiss banking giant UBS is preparing to cut 35,000 jobs in the coming months with the acquisition of its former rival Credit Suisse, the Bloomberg agency said on…
Cyclist Gino Mäder dies after a fall during the Tour de Suisse
Swiss rider Gino Mäder, 26, succumbed to his injuries on Friday morning after suffering a heavy fall on Thursday in the vertiginous final descent of the 5e stage of the…
Credit Suisse | Bondholders sue regulator
(Geneva) A group of holders of high-risk bonds from Credit Suisse whose debts were erased during the takeover by its rival UBS is suing the Swiss stock market policeman, their…
UBS tells its shareholders that the acquisition of Credit Suisse was the right decision
(Basel) UBS executives told their shareholders on Wednesday that the hastily arranged takeover of Credit Suisse was a “Herculean task” fraught with risk, but that it was the right decision…
Credit Suisse chairman apologizes to dispossessed shareholders
Credit Suisse Chairman Axel Lehmann said he was “deeply sorry” for failing to save Switzerland’s second-largest bank from angry shareholders. They responded by refusing to ratify executive compensation. “It was…
Credit Suisse chairman apologizes to dispossessed shareholders
(Zurich) Credit Suisse Chairman Axel Lehmann says he is ‘deeply sorry’ for failing to save Switzerland’s second-largest bank amid angry, tearful shareholders whose money went up in smoke . Posted…
Swiss justice is investigating the takeover of the bank Crédit Suisse by its compatriot UBS
Why did the largest wealth management bank in the world decide to come to the rescue of a lame duck? The judges want to know more about the conditions that…
Swiss justice is investigating the takeover of the bank Crédit Suisse by its compatriot UBS
Why did the largest wealth management bank in the world decide to come to the rescue of a lame duck? The judges want to know more about the conditions that…
Swiss justice investigates the takeover of Credit Suisse by UBS
The Swiss federal prosecutor’s office is investigating the circumstances that led to the emergency takeover of the bank Credit Suisse by its rival and compatriot UBS, under pressure from the…
US Senate Report | Credit Suisse accused of complicity in tax evasion
(Washington) The Swiss bank Credit Suisse, whose takeover by its competitor and compatriot UBS is in progress, has provided assistance to “the richest Americans” in tax evasion, according to a…
Swiss regulator studies how Credit Suisse management can be held to account
FINMA, the Swiss regulator of the financial sector, is studying the possibilities of holding the leaders of Credit Suisse to account, following the debacle of the bank, indicated its president…
UBS buys bonds issued shortly before the takeover of Credit Suisse
(Zurich) Swiss banking giant UBS announced on Wednesday the purchase of bailout bonds issued just before the takeover of rival Credit Suisse. Posted yesterday at 2:02 p.m. On Friday, UBS,…
Merger between UBS and Credit Suisse | Switzerland prepares for massive job cuts
(Geneva) Tens of thousands of jobs could disappear in Switzerland following the mega-merger between the first and the second bank of the country and the unions are already demanding a…
Credit Suisse acquired by UBS
Posted on 03/21/2023 12:27 Video length: 3 mins. franceinfo Article written by Like every day, the 11 p.m. news takes a tour of the news broadcast by European television channels.…
Credit Suisse and UBS shares plunge after acquisition announcement
Shares of Credit Suisse plunged 60.5% on Monday after banking giant UBS announced it would buy its struggling Swiss rival for nearly US$3.25 billion, in a deal orchestrated by the…
The UBS-Credit Suisse merger is not reassuring
(Bern) Asian stock markets widened their losses on Monday, a sign that the return of global investors’ “confidence” in the banking system was far from over, despite the takeover of…
UBS bank to buy Credit Suisse
(Bern) After intense negotiations, the first Swiss banking group UBS will buy its rival in difficulty Credit Suisse, declared Sunday the President of the Swiss Confederation Alain Berset, believing that…
UBS buys Credit Suisse to “restore confidence”
Switzerland’s largest bank UBS, pushed by the authorities, agreed to double down to buy its rival. Article written by Published on 03/19/2023 19:29 Update on 03/19/2023 20:04 Reading time :…
UBS bank pushed to save Credit Suisse
(Bern) Switzerland’s biggest bank UBS, pushed by the authorities, is ready to buy its rival Credit Suisse but at only a fraction of its value, according to the FinancialTimes. But…
UBS offers one billion for Credit Suisse
Switzerland’s biggest bank UBS, pushed by the authorities, is ready to buy its rival Credit Suisse but at only a fraction of its value, according to the FinancialTimes. But time…