UBS Group reported a second-quarter net profit that beat analysts' estimates and said it expects more cost savings from its integration of former rival Credit Suisse this year than previously ...

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 confirmed its intention to take over Credit Suisse back in March 2023 with the deal subsequently reported to be worth more than $3.25 billion.

FILE - The logos of the Swiss banks Credit Suisse and UBS are pictured in Zurich, Switzerland, June 12, 2023. UBS on Tuesday, Feb. 6, 2024 reported a fourth-quarter pretax loss of more than $750 ...

UBS made a hefty loss in the first full quarter since it closed a deal to rescue Credit Suisse, highlighting the scale of the challenge the bank faces as it absorbs its stricken rival. The Swiss ...

By Noele Illien ZURICH, Aug 29 (Reuters) - UBS UBSG.S will publish on Aug. 31 its first earnings report since a hastily arranged takeover of its Swiss rival Credit Suisse, shedding new light on ...

Swiss taxpayers are off the hook from a government-engineered rescue plan that doled out billions to help UBS, the country’s largest bank, take over its ailing rival Credit Suisse.

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.

By Hanna Ziady, CNN London (CNN) — 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 ...

UBS (UBS) is also imposing strict curbs on Credit Suisse (CS) bankers to address 11 financial and 12 non-financial risks, the Financial Times reported citing unnamed sources.

June 12 (UPI) -- Swiss banking giant UBS announced Monday that with Credit Suisse fully merged into UBS, the process of taking over its troubled rival was complete and the pair would operate as a ...

UBS announced the finalization of the deal for its rival Credit Suisse in an open letter to Swiss and other international newspapers.