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 ...
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 ...
(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 ...
Swiss taxpayers are off the hook from a government-engineered rescue plan that doled out billions to help UBS ... takeover of Credit Suisse to avert an international banking crisis. The Zurich-based ...
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 ...