News

UBS is losing ground in the franc bond market. Structural changes are a major reason—but increasing competition is also ...
UBS said Monday that it has completed its takeover of embattled rival Credit Suisse in a bid to safeguard Switzerland's reputation as a global financial center and choke off market turmoil.
UBS must face two lawsuits by investors who said the former Credit Suisse defrauded them prior to its March 2023 demise with ...
UBS, Switzerland's largest bank, has agreed to buy rival Credit Suisse for more than $3 billion in an emergency deal to avoid turmoil stemming from the current banking crisis.
2024 will be the “pivotal” year in the takeover of Credit Suisse by UBS, with the migration of IT systems presenting huge risks as the two megabanks merge operations across more than 50 ...
A British law firm is bringing a case against Switzerland in connection with the writedown of AT1 bonds during the buyout of ...
How UBS and Credit Suisse will fit together The global headquarters of UBS and Credit Suisse are just 300 yards apart in Zurich but the banks’ fortunes have been on very different paths recently.
Credit Suisse shares have plunged after Swiss authorities cut a deal with its bigger rival UBS to acquire the troubled bank at a marked-down price. But European bank stocks and the wider market ...
UBS stock was up some 2% in Zurich while Credit Suisse shares cratered by some 60%. As a result of the deal, UBS has seen its total assets balloon to a whopping $5 trillion.
Shares of Credit Suisse plunged 60.5% on Monday after banking giant UBS said it would buy its troubled Swiss rival for almost $3.25 billion in a deal orchestrated by regulators to try to stave off ...
UBS is set to begin slashing jobs at Credit Suisse. New York bankers and traders are among those most at risk of the chop. Huge cuts follow layoffs by Goldman Sachs, Morgan Stanley, JPMorgan and ...