UBS completes merger of UBS and Credit Suisse parent companies

Stan Rogers Folk Festival 2024: 27 years of music and community | SaltWire #festival #music #nsZURICH - Swiss bank UBS said on Friday it had completed the merger of the main parent companies of the Swiss lender and its longtime rival Credit Suisse, which it acquired last year.

UBS CEO Sergio Ermotti said the merger was a"significant milestone" in the integration, which would be crucial to facilitating the migration of clients onto UBS platforms.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Credit Suisse CEO Koerner to Leave UBS in Coming Weeks, FT SaysCredit Suisse Chief Executive Officer Ulrich Koerner is set to leave UBS Group AG in the coming weeks after the completion of the merger of the two former Swiss rivals, the Financial Times reported.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

UBS’s Ermotti Sees Risk of Delay in Integrating Credit Suisse ITThe biggest risk in UBS Group AG’s integration of Credit Suisse’s technology systems is a delay that would push back the realization of cost savings from the merger, Chief Executive Officer Sergio Ermotti said.
Source: BNNBloomberg - 🏆 83. / 50 Read more »