Tag: UBS
Intercos positive after UBS raises target price
(Finance) – Intercosa group active in cosmetics and listed on Euronext Milan, is trading higher on Piazza Affari in today’s session, after analysts UBS they increased the target price to…
UBS and Credit Suisse enter into definitive merger agreement
(Finance) – After the merger of the holding companies UBS Group AG and CS Group AG which took place on 12 June 2023, the board of directors Of UBS Group…
the guilt of UBS bank confirmed by the Court of Cassation
French justice definitively confirmed this Wednesday, November 15, the guilt of the Swiss banking giant UBS for aggravated money laundering, tax fraud and illegal canvassing. But she ordered a third…
MPS, MEF choose UBS and Jefferies as consultants for share sale
(Finance) – The Ministry of Economy and Finance (MEF) communicated that it had identified, in relation to the procedures for the sale of shares of Banca Monte Paschi Sienathe Swiss…
Banks: why UBS will absorb the Swiss branch of Credit Suisse
It hopes, by this date, more than 10 billion dollars in savings from this merger. The Swiss banking giant UBS has chosen to “fully integrate” the Swiss branch of its…
UBS pays $1.4 billion for RMBS dating back to 2008 financial crisis
(Tiper Stock Exchange) – UBS extension has reached a agreement with the US Department of Justice (DOJ) to resolve a legacy issue from 2006-2007, relating to the issuance, underwriting, and…
UBS waives state protection against losses when buying Credit Suisse
(Tiper Stock Exchange) – UBS Group announced the decision of voluntarily terminate the Loss Protection Agreement (LPA) from CHF 9 billion with the Swiss government following a comprehensive assessment of…
UBS to Pay Hundreds of Millions Again for Risks Taken by Credit Suisse
A little over four months ago, the bank Credit Suisse, number 2 in the country, went bankrupt and caused the beginning of panic on the markets. Under pressure from the…
UBS and Credit Suisse: why the birth of this megabank promises to be complicated
It is “the beginning of a new historical chapter”. UBS will be able to launch the integration of Credit Suisse for good after the finalization of the acquisition of its…
UBS expects Credit Suisse acquisition to close by June 12
(Tiper Stock Exchange) – UBS extension plans to complete the acquisition of Credit Suisse by June 12th. The Swiss bank’s shares will be delisted from the SIX Swiss Exchange and…