UBS completes Credit Suisse takeover. Here’s what it means
Jun 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...
UBS completes Credit Suisse acquisition
Jun 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.
Latest on the takeover of Credit Suisse | UBS Switzerland
1 July 2024 – The legal merger between Credit Suisse (Switzerland) Ltd. and UBS Switzerland AG was completed today. Read the news release. Announcements published so far. Your questions, our answers. The questions and answers are …
UBS completes Credit Suisse takeover to become wealth …
Jun 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.
UBS reaches milestone in Credit Suisse absorption as parent …
ZURICH, 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 breaks record with $29bn profit after Credit Suisse deal
Aug 31, 2023 · UBS has reported the biggest-ever quarterly profit for a bank, after recording a $29bn gain linked to its takeover of Credit Suisse.
UBS Completes Credit Suisse Takeover to Create Bank Titan
Jun 12, 2023 · UBS Group AG completed the acquisition of Credit Suisse Group AG, sealing the biggest merger in banking since the 2008 financial crisis and creating a global wealth-management titan.
UBS deepens cost cuts as it integrates Credit Suisse - Financial Times
Feb 6, 2024 · UBS has set out plans for deeper cost cuts as the mammoth integration of rival Credit Suisse helped drive the Swiss bank to a second straight quarterly loss.
UBS completes merger of UBS Switzerland AG and Credit Suisse …
Jul 1, 2024 · UBS Switzerland AG has succeeded to all the rights and obligations of Credit Suisse (Schweiz) AG. The merger of the Swiss entities facilitates the migration of clients and operations from Credit Suisse (Schweiz) AG to the UBS platform, following business, client- and product-specific requirements.
How UBS’s $3.3bn Credit Suisse deal spawned $9bn of legal claims
Oct 10, 2023 · Switzerland’s government managed to head off a spiralling European banking crisis when it orchestrated UBS’s $3.3bn takeover of Credit Suisse six months ago — but the long-term pain has only...