Etiket: UBS
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…
The Fed clears the takeover of Credit Suisse’s U.S. subsidiaries by UBS
(Washington) The US central bank on Friday gave the green light to the takeover by UBS of the US subsidiaries of Credit Suisse as part of the emergency rescue plan…
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…
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…
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…
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…
Authorities urge UBS bank to save Credit Suisse
(Zurich, Geneva) Switzerland’s largest bank UBS is being pushed to buy its rival Credit Suisse by the authorities to avoid a debacle, several media say on Saturday, in an attempt…
UBS bank in the running to save Credit Suisse
(Zurich) Credit Suisse, the second largest bank in the country, must find ways to reassure the markets at all costs before they open on Monday and its great rival UBS…
UBS bank in talks to buy Credit Suisse
(Geneva) UBS, the first Swiss bank, is in talks for the total or partial takeover of Credit Suisse, its rival in great difficulty, with the express blessing of the Swiss…
condemned in France, the Swiss bank UBS appeals in cassation
The Swiss bank UBS was sentenced, Monday, December 13, to a total of 1.8 billion euros for aggravated money laundering of tax evasion and illegal bank directing in France between…