News Formal

UBS Completes Historic Takeover as Credit Suisse Ceases to Exist

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 50%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

UBS Group AG completed the historic acquisition of its former rival Credit Suisse, marking a new chapter for the Swiss financial sector as the defunct bank has formally ceased to exist.

Ackman Plans Pershing Square IPO as Soon as 2025, WSJ ReportsNigerian Panel Seeks to Slash Number of Taxes by About 87%Hope and Angst Grip South African Markets as Coalition Era DawnsWall Street Tests the Market Fallout of a Trump-Biden RematchBank of America Warns of ‘Super-Aging’ South Korea Losing MojoBofA Says Drop in US Tech Could Be Next Pain Trade for EquitiesJapan Spent Record $62 Billion in Past Month on InterventionBanks Funnel Billions More Into Private Credit as Frenzy SpreadsTesla...

6 BillionIndonesia to Delay Ban on Copper Concentrate Exports to Year-EndThe Daily Chase: Strong numbers from RBC, CIBC cap earnings from big banksCan AI-driven efficiencies address Canada's lagging economic productivity?The Daily Chase: Light trading day on holidays in U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in BUSİNESS

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.

UBS completes merger of UBS and Credit Suisse parent companiesExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

UBS completes merger of UBS and Credit Suisse parent companiesSwiss 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...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

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 »