UBS shares increased on Tuesday as the Swiss bank outstripped expectations for the second quarter and said it is now preparing to reap the benefits of its acquisition of its main rival Credit Suisse.

UBS said it completed the takeover of the rival Swiss lender in June and plans to fully integrate the Swiss arm of Credit Suisse ... on Thursday morning that he expects to see about 3,000 jobs ...

Swiss prosecutors have opened an investigation into the sudden takeover of the country's second-largest bank, Credit Suisse, by its rival, UBS. The deal was rushed through last month, when fears ...

UBS agreed to acquire Credit Suisse in March last year in a rescue deal engineered by Swiss authorities to stem a crisis at the troubled lender. The takeover was completed in June 2023 and ...

UBS completed its merger with Credit Suisse at the end of May. Swiss banking titan UBS has reported a profit well ahead of analysts’ forecasts for the three months to June as it steps up its ...

UBS and Credit Suisse provide investment banking ... The firm initiating the takeover will drive the process and lean toward saving their employees—to the detriment of those who work for ...

(Reuters) - UBS on Monday said it had completed its emergency takeover of embattled local rival Credit Suisse, creating a giant Swiss bank with a balance sheet of US$1.6trn and greater muscle in ...

UBS is planning to cut 3,000 jobs in Switzerland as it continues to integrate Credit Suisse following the shock takeover of its rival earlier this year. UBS chief executive Sergio Ermotti said in ...

12 Aug 2024 17:59:44 GMT ZURICH (Reuters) - UBS's multi-billion state-sponsored takeover of Credit Suisse should proceed smoothly without political obstructions, Swiss Finance Minister Karin ...

CPI Report Holds the AnswerMon, 12 Aug 2024 18:16:01 GMT Upcoming ... The Bank of England has approved UBS Group AG's takeover of Credit Suisse Group AG in the United Kingdom, people familiar ...

UBS said its revenue was boosted by the acquisition of Credit Suisse, which it completed in May this year, even as its profits suffered from various expenses related to the takeover including ...

UBS shares increased on Tuesday as the Swiss ... preparing to reap the benefits of its acquisition of its main rival Credit Suisse. The Zurich headquartered bank comfortably surpassed ...