Tag: UBS
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…
SdR, Gioffreda (UBS AM): positive on China, neutral on Europe, underweight on the US
(Finance) – “Le Investment issues in China are manybut they depend somewhat on what are also the priorities of the government. The government’s priorities primarily concern common prosperity, i.e. this…
UBS: CEO Credit Suisse on post-merger Group Executive Board
(Tiper Stock Exchange) – UBS extension has outlined its new operating model and leadership teamin view of the completion of the acquisition of Credit Suisse. The two banks will continue…
Credit Suisse and UBS: “Here, the banking system is a gigantic open-air casino”
A very precarious calm seems to have returned to the financial markets after the rescue of the Swiss bank Credit Suisse by its competitor UBS, thus giving birth to a…
Billion dollar purchase confirmed – UBS buys Credit Suisse
After many rounds, the negotiations between Switzerland’s two largest banks are complete. UBS buys Credit Suisse. The bill lands at over three billion dollars. On Sunday, Switzerland’s central bank, the…
UBS will buy a Credit Suisse in crisis for three billion euros
Financial stock markets falling by more than 3%, completely feverish markets and one of the largest European banks in difficulty after the bankruptcy of SVB, in the United States, on…
UBS to buy struggling Credit Suisse for $2 billion
Financial stock markets falling by more than 3%, completely feverish markets and one of the largest European banks in difficulty after the bankruptcy of SVB, in the United States, on…