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UBS Group AG is set to cancel payment services for clients in Italy as it moves to phase out some of the businesses it took on when it bought rival Credit Suisse last year.
ZURICH (Reuters) -UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank's 50% stake in credit card provider Swisscard.
LexinFintech Holdings Ltd. (NASDAQ:LX) is one of the best cheap stocks with huge upside potential. On March 21, UBS raised ...
UBS agrees to pay $511 million to resolve a tax probe by the U.S. Department of Justice against Credit Suisse.
Porsche Switzerland is restructuring its leasing offerings. Instead of continuing to use the balance sheet of Bank-now — which became part of UBS after the Credit Suisse acquisition — the automaker ...
Still outstanding is the thorny integration of all of that Credit Suisse art. The key questions for UBS’s department are whether to store, display, sell or donate it.
UBS Group is selling a 50% stake in credit-card joint venture Swisscard it inherited from Credit Suisse to partner American Express for an undisclosed sum. The deal will make American Express the ...
UBS and the Swiss government have agreed on how they will share losses linked to the bank’s emergency takeover of Credit Suisse, which will create a giant Swiss bank. The agreement clears the ...
UBS’s purchase of Credit Suisse has generated a big upfront gain for Apollo Global Management, the alternative asset manager. Just months before March's shotgun takeover by UBS, Credit Suisse ...
UBS has stated that issuing cards through Swisscard no longer fits its strategic goals, and Credit Suisse customers will be moved to UBS’s existing credit card platform.
UBS agreed to acquire Credit Suisse in 2023 for more than $3 billion after that bank failed. Now, UBS is selling its 50% ownership stake in Swisscard to U.S. credit card company American Express.
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