Swiss banking giant UBS AG (UBS) announced Thursday its Board of Directors has approved the execution of a merger of UBS AG and ...
Over time, the Credit Suisse brand will disappear, he added. The Swiss government prodded UBS to buy Credit Suisse in March as officials worried that the country's second-largest bank, weakened by ...
In March 2023, UBS acquired Credit Suisse in a deal backed by Swiss authorities ... Overall, UBS stock has received a Moderate Buy rating on TipRanks based on a total of 13 recommendations from ...
The boards of directors of UBS Group and the two companies have approved the merger, the big bank announced on Thursday.
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 ...
The shotgun merger led to a wipeout of $17 billion of Credit Suisse's AT1 ... while UBS's AT1s traded lower - a typical pattern as investors sell existing bonds to buy the new bond on offer.
CEO Sergio Ermotti was brought back to helm UBS through its takeover of Credit Suisse within days of the ... They reiterated their call for investors to buy the stock. — This is a developing ...
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By Adria Calatayud UBS Group's board approved a merger between its UBS AG and Credit Suisse AG subsidiaries, as the integration process following ...
“Credit Suisse is structurally loss-making,” UBS CEO Sergio Ermotti told reporters ... They reiterated their call for investors to buy the stock.