UBS Begins Next Act in Credit Suisse Merger

ShareSwiss bank UBS agreed to take over its longtime rival Credit Suisse as authorities seek to halt a dangerous decline in confidence in the global banking system. WSJ’s Patricia Kowsmann explains how the deal unfolded and what might come next.

Photo: Hannah McKay/Reutersbooked a record $29 billion net profit last quarter after it integrated Credit Suisse into its books. But the gargantuan gain comes with an equally large challenge to meld the banking giants.Continue reading your article with

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UBS Earnings Could Reveal Key Details about Credit Suisse AcquisitionInvestors will be looking for more transparency around how UBS is managing the integration of Credit Suisse, the former rival it acquired at a fire sale...
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »

'Pain trade': UBS CIO warns of bear trap as Chinese stocks riseAdrian Zuercher, a chief investment officer at UBS, also said there could be a 'tactical trade' in the coming weeks.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »