Client letter: UBS winds down Credit Suisse Global Markets business

ZURICH, Aug 30 — Credit Suisse said it will reduce the volume of new markets business from September 22 while UBS integrates its former rival, the bank said in a letter sent to clients, as the 166-year-old firm winds down trading in global securities.

Existing positions will continue to be serviced and flows to Global Wealth Management and the Swiss bank remain unaffected. The move is a further step along UBS’s tricky path to absorbing its fallen rival in the first-ever merger of two global systematically important banks.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

UBS set to post first results since Credit Suisse mergerFurther integration plans, job cuts, and the bank’s Swiss banking unit plans will be closely monitored.
แหล่ง: fmtoday - 🏆 5. / 72 อ่านเพิ่มเติม »