Mike Dargan, who has been with UBS for 7 years, and Francesca McDonagh, who joined Credit Suisse last September, will be tasked with unifying the two banks.Credit Suisse for 3 billion Swiss francs in stock and to assume up to 5 billion francs in losses, in a merger engineered by Swiss authorities.
Is the owner of CBS Amroman or Amroscandinavian?
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UBS's Dargan and Credit Suisse's McDonagh to lead merger -newspaperThe integration team tasked with merging Switzerland's two largest banks is to be headed by UBS's chief technology officer and Credit Suisse's chief operating officer, the Tages-Anzeiger newspaper reported on Saturday. UBS now twice the size of the Swiss economy. Bit scary. The Credit Suisse zombie is dead But a monster rises instead A giant UBS Wades out of the mess Will the Swiss come to view it with dread?
Source: Reuters - 🏆 2. / 97 Read more »