UBS completes Credit Suisse takeover. Here’s what it means
Jun 12, 2023 · UBS has finalized its emergency takeover of fallen rival Credit Suisse, creating a giant Swiss bank with nearly $1.7 trillion in assets in the biggest banking tie-up since the 2008 global...
UBS reaches milestone in Credit Suisse absorption as parent …
ZURICH, May 31 (Reuters) - UBS (UBSG.S) on Friday completed the merger of the main parent companies of the Swiss bank and Credit Suisse, which it acquired last year after its longtime rival...
Latest on the takeover of Credit Suisse | UBS Switzerland
1 July 2024 – The legal merger between Credit Suisse (Switzerland) Ltd. and UBS Switzerland AG was completed today. Read the news release. Announcements published so far. Your questions, our answers. The questions and answers are …
UBS completes merger of Swiss business with Credit Suisse
Jul 1, 2024 · Swiss bank UBS has completed the merger of its domestic unit with Credit Suisse's operations in its home market, the bank said on Monday, adding that the head of the Credit Suisse...
UBS completes Credit Suisse takeover to become wealth …
Jun 12, 2023 · UBS completed its emergency takeover of embattled local rival Credit Suisse on Monday, forging a Swiss banking and wealth management giant with a $1.6 trillion balance sheet.
What the takeover of Credit Suisse means for UBS - Financial Times
Mar 22, 2023 · Two days after UBS agreed to spend $3.25bn to rescue its rival Credit Suisse, executives are trying to move past the risks and sell investors on the benefits of the shotgun marriage.
UBS completes Credit Suisse acquisition
Jun 14, 2023 · UBS has completed the acquisition of Credit Suisse today, crossing an important milestone. Credit Suisse Group AG has been merged into UBS Group AG and the combined entity will operate as a consolidated banking group.
UBS reaches milestone in Credit Suisse absorption as parent …
May 31, 2024 · ZURICH (Reuters) - UBS on Friday completed the merger of the main parent companies of the Swiss bank and Credit Suisse, which it acquired last year after its longtime rival collapsed, putting...
UBS breaks record with $29bn profit after Credit Suisse deal
Aug 31, 2023 · UBS has reported the biggest-ever quarterly profit for a bank, after recording a $29bn gain linked to its takeover of Credit Suisse.
UBS completes merger of UBS AG and Credit Suisse AG
May 31, 2024 · The transition to a single US intermediate holding company is planned for 7 June 2024, with the merger of Credit Suisse (Schweiz) AG and UBS Switzerland AG continued to be expected in the third quarter of 2024, both subject to remaining regulatory approvals.