A new lawsuit by U.S. hedge fund Appaloosa LP accuses the former Credit Suisse of misleading investors about its health ...
This led UBS to revise its 2023 net profit to $27.8 billion. UBS was strongarmed by the Swiss government to buy Credit Suisse last year over concerns that its troubled rival might go bankrupt and ...
Under that plan, about $20 billion of remaining assets were to stay on the books of Credit Suisse but be managed by Apollo. UBS will retain ... Italy's Prysmian to buy Encore Wire in $4.2 bln ...
UBS Group AG (NYSE:UBS) is gearing up for another round of layoffs as part of its ongoing efforts to improve efficiency ...
UBS triggered the biggest banking merger since the financial crisis last March when it agreed to buy domestic rival Credit Suisse. The state-brokered deal came after years of scandal at the latter ...
UBS Group AG is planning another round of job cuts as the firm continues to trim headcount following its rescue of Credit ...
The Zurich-based lender is proposing to buy the 33% stake held ... In return, UBS will sell part of or its entire 51% stake in Credit Suisse Securities (China) to the Beijing government fund ...
The Swiss banking giant plans to trim headcount in banking, markets and wealth management, Bloomberg reported. The lender has said it aims to save around $6 billion in staff costs in the coming years.
Amid the Credit Suisse integration, UBS ( UBS) was said to have laid off a group of senior bankers, as it seeks to save ...
A new lawsuit by U.S. hedge fund Appaloosa LP accuses the former Credit Suisse of misleading investors about its health ...
This led UBS to revise its 2023 net profit to $27.8 billion. UBS was strongarmed by the Swiss government to buy Credit Suisse last year over concerns that its troubled rival might go bankrupt and ...