(Bloomberg) — Eighteen months after its rescue takeover of rival Credit Suisse, UBS Group ... s two biggest banks. UBS spent the 12 months through June merging the banks’ legal entities ...

On June 12, 2023, UBS announced the completion of the Credit Suisse takeover, as a result of which Credit Suisse Group AG was merged with UBS Group AG. The combined entity will function as a ...

Nearly a year after the Swiss banking giant completed its rescue takeover ... The group expects to complete a merger of the two banks’ key operating units, UBS AG and Credit Suisse AG, by ...

UBS is planning to cut more than half of Credit Suisse's 45,000-strong workforce starting next month as a result of the bank’s emergency takeover. Bankers, traders and support staff in Credit ...

The move comes as UBS is about to complete its SFr3bn (US$3.3bn) takeover of Credit Suisse after rescuing its rival in March ... how many new staff they need and will let people know by June 12, the ...

ZURICH: Did banking giant UBS make “the deal of the century ... strong-armed by Swiss authorities into a US$3.25bil takeover of Credit Suisse, to keep its closest domestic rival from going ...

UBS completes Credit Suisse takeover to become wealth management behemoth June 12, 2023 UBS followed up the announcement it had closed the takeover of stricken rival Credit Suisse on Monday with a ...

UBS CEO Sergio Ermotti said on Monday that moving Credit Suisse clients in Switzerland onto the bank's own platform from next ...

With the "risk of contagion" for other banks, including UBS itself, the takeover ... and expects a "substantial" pre-tax loss this year. Credit Suisse's share price has tumbled from 12.78 Swiss ...

UBS is planning to cut 3,000 jobs in Switzerland as it continues to integrate Credit Suisse following the shock takeover of its rival earlier this year. UBS chief executive Sergio Ermotti said in ...