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Tag: ubs-credit suisse takeover

UBS logs 5M loss in Q3 due to Credit Suisse acquisition costs
Business

UBS logs $785M loss in Q3 due to Credit Suisse acquisition costs

November 7, 2023November 7, 2023

UBS Group reported Tuesday a $785 million loss within the third quarter as a consequence of prices related to the Swiss financial institution’s acquisition of

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UBS tags S. Korea, India, others as ‘slow’ on Credit Suisse approval
Business

UBS tags S. Korea, India, others as ‘slow’ on Credit Suisse approval

September 19, 2023September 19, 2023

The Swiss banking big UBS has named at the least 4 nations, together with South Korea and India, as being “slow” to offer the regulatory

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UBS to absorb Credit Suisse’s domestic unit, aims for B in cost cuts
Business

UBS to absorb Credit Suisse’s domestic unit, aims for $10B in cost cuts

August 31, 2023August 31, 2023

Banking large UBS Group introduced Thursday it will totally soak up the home unit of its longtime rival Credit Suisse into its operations, with out

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UBS replaces CFO, keeps Credit Suisse’s Koerner in top team
Business

UBS replaces CFO, keeps Credit Suisse’s Koerner in top team

May 9, 2023May 9, 2023

UBS Group mentioned on Tuesday that Credit Suisse CEO Ulrich Koerner would keep on after the takeover of its Swiss rival as a part of

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