UBS to cut 35,000 jobs after Credit Suisse rescue: report
GENEVA, SWITZERLAND — Swiss banking group UBS plans to cut 35,000 jobs at Credit Suisse — more than half its…
UBS set for ‘bumpy’ integration of Credit Suisse
ZURICH, SWITZERLAND — UBS is poised to complete on Monday its takeover of Credit Suisse, but integrating the former rival…
UBS says to complete Credit Suisse takeover on 12 June
ZURICH, SWITZERLAND — Swiss banking giant UBS is expected to complete its takeover of crisis-hit domestic rival Credit Suisse as…
UBS merger with Credit Suisse raises job fears at home
ZURICH, SWITZERLAND — Among the many concerns over the new megabank created by the merger of UBS and the beleaguered…
UBS says Credit Suisse CEO to join board in mega merger
ZURICH, SWITZERLAND — Swiss banking giant UBS announced on Tuesday that Credit Suisse chief executive Ulrich Koerner will join its…
UBS posts US$1.0 bn Q1 net profit, Credit Suisse takeover completion set for Q2
ZURICH, SWITZERLAND — UBS said Tuesday it would likely complete its takeover of stricken rival Credit Suisse in the second…
Over US$68 bn withdrawn from Credit Suisse ahead of UBS takeover
ZURICH, SWITZERLAND — More than US$68 billion was withdrawn from Credit Suisse in the first three months of 2023, the…
UBS shareholders to weigh in on Credit Suisse mega-merger
GENEVA, SWITZERLAND — UBS shareholders get their first chance to grill the bank’s bosses Wednesday over its shotgun marriage to…
Credit Suisse chiefs say sorry to shocked shareholders
ZURICH, SWITZERLAND — Credit Suisse chairman Axel Lehmann said Tuesday he was “truly sorry” that the beleaguered bank could not…
Credit Suisse chiefs face the music at AGM
ZURICH, SWITZERLAND — Credit Suisse shareholders will get their first chance to voice their frustrations at the beleaguered bank’s takeover…