After Credit Suisse takeover, UBS begins cost drive by axing 3,000 Swiss jobs
Following its acquisition of the struggling competitor Credit Suisse, UBS Group (UBSG.S) has launched an expansive ...
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Tag: Credit Suisse
Swiss investment bank UBS ‘preparing to cut more than half of inherited Credit Suisse workforce’
The Swiss investment bank UBS is reportedly preparing to slash more than half of its workforce. ...
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Over $68 Billion Withdrawal From Credit Suisse Prior To UBS Deal
Credit Suisse reported more over $68 billion withdrawal in the first three months of 2023. Possibly ...
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Credit Suisse Criticized Over Probe Of Nazi-linked Accounts
Credit Suisse, the beleaguered Swiss bank, has been accused by US senators of limiting the scope ...
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Swiss prosecutors open inquiry on Credit Suisse takeover by UBS
Following pressure from federal authorities and media leaks, Swiss federal prosecutors announced on Sunday that they ...
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Sergio Ermotti will return as CEO of UBS to oversee Credit Suisse deal
Sergio Ermotti will return as CEO of UBS to lead the bank's acquisition of troubled rival ...
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Credit Suisse buyout was to preserve financial stability: SNB chief
The SNB said Thursday that the UBS takeover of the bankrupt Credit Suisse was orchestrated to ...
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Asian markets rise and dollar falls on Fed rate hopes
Thursday, Asian markets mostly climbed and the dollar fell, reversing a Wall Street drop on hopes ...
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Swiss worry on size of new Superbank
The matchmaking of UBS and Credit Suisse will create the biggest bank Switzerland has ever seen. ...
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Markets rebound ahead of Federal reserve decision on hike interest rate
Stock markets rose in Europe and Asia on Tuesday ahead of a Federal Reserve decision on ...
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