Swiss banking giant UBS is set to finalize its acquisition of troubled domestic rival Credit Suisse by 12 June, according to both banks. The completion date...
The merger between UBS and Credit Suisse has raised concerns about job security and competition in Switzerland's banking sector. The fate of Credit Suisse's domestic retail...
Credit Suisse CEO Ulrich Koerner will join UBS's executive board as the Swiss banking giant absorbs its fallen rival. The move comes after the Swiss government...
UBS expects to complete the takeover of Credit Suisse in Q2, as it reports a net profit of $1bn for Q1, down from US$2.1bn last year....
Credit Suisse saw YS$68 billion in withdrawals in Q1 2023, likely its final results before its merger with UBS. The bank's net profit surged to CHF12.4...
UBS shareholders confront the bank's leadership over the hastily arranged merger with Credit Suisse, engineered by the Swiss government, central bank, and financial regulators. Concerns arise...
Credit Suisse chairman Axel Lehmann apologized to shareholders at the bank's final AGM, stating that he was "truly sorry" that the bank could not be saved....
Credit Suisse shareholders will express their frustrations with the bank's takeover by UBS at the annual general meeting in Zurich, with the AGM being held at...
Swiss prosecutors are investigating the UBS takeover of Credit Suisse, following pressure from authorities and media leaks. The probe aims to identify any criminal offences and...
The chairman of Saudi National Bank, Ammar AlKhudairy, has resigned due to personal reasons, according to a statement. The bank was the main shareholder of Credit...
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