UBS completes Credit Suisse takeover. Here’s what it means
WEBJun 12, 2023 · UBS has finalized its emergency takeover of fallen rival Credit Suisse, creating a giant Swiss bank with nearly $1.7 trillion in assets in the biggest banking tie-up since the 2008 global...
Credit Suisse and UBS to Merge
WEBMar 19, 2023 · Credit Suisse and UBS have entered into a merger agreement on Sunday following the intervention of the Swiss Federal Department of Finance, the Swiss National Bank and the Swiss Financial Market Supervisory Authority FINMA (FINMA).
UBS reaches milestone in Credit Suisse absorption as parent ...
WEBZURICH, May 31 (Reuters) - UBS (UBSG.S) on Friday completed the merger of the main parent companies of the Swiss bank and Credit Suisse, which it acquired last year after its longtime rival...
UBS completes Credit Suisse takeover to become wealth ...
WEBJun 12, 2023 · UBS completed its emergency takeover of embattled local rival Credit Suisse on Monday, forging a Swiss banking and wealth management giant with a $1.6 trillion balance sheet.
Live updates: Credit Suisse-UBS deal and global stock ... - CNN
WEBMar 20, 2023 · S&P Global on Monday revised down its outlook on UBS after the bank agreed to rescue Swiss rival Credit Suisse in a $3.25 billion deal. The credit ratings agency changed its outlook to...
UBS agrees to buy Credit Suisse for more than $2bn
WEBMar 19, 2023 · UBS has agreed to buy Credit Suisse after increasing its offer to more than $2bn, with Swiss authorities poised to change the country’s laws to bypass a shareholder vote as they rush to announce...
Credit Suisse Unveils Sweeping Revamp to Revive Its Fortunes
WEBOct 27, 2022 · Credit Suisse plans to spin out its deals and capital advisory business into a new firm called CS First Boston, resurrecting the name of the well-known American investment bank it acquired in...
UBS Completes Historic Takeover as Credit Suisse Ends
WEBMay 31, 2024 · UBS Group AG completed the historic acquisition of its former rival Credit Suisse, marking a new chapter for the Swiss financial sector as the defunct bank’s legal existence has formally ended.
UBS says it has completed the takeover of Credit Suisse
WEBJun 12, 2023 · UBS said Monday it expected “Credit Suisse operating losses and significant restructuring charges” to be offset as it ditches risk-weighted assets, and forecast a common equity tier 1 capital...
UBS completes Credit Suisse acquisition
WEBJun 14, 2023 · UBS has completed the acquisition of Credit Suisse today, crossing an important milestone. Credit Suisse Group AG has been merged into UBS Group AG and the combined entity will operate as a consolidated banking group.