ZURICH, June 12 (Reuters) - UBS (UBSG.S), opens new tab completed its emergency takeover of embattled local rival Credit Suisse (CSGN.S), opens new tab on Monday, forging a Swiss banking and ...

UBS expects to complete its takeover of Credit Suisse "as early as June 12", which will create a giant Swiss bank with a balance sheet of $1.6 trillion following a government-backed rescue earlier ...

UBS expects to complete the acquisition of Credit Suisse as early as 12 June 2023. At that time, Credit Suisse Group AG will be merged into UBS Group AG. Completion is subject to the registration ...

UBS said it will pay $371.9 million for Credit Suisse’s role in aiding and assisting in the preparation of false income tax returns and $138.7 million as part of the agreement regarding U.S ...

Lower expenses related to the Credit Suisse takeover, coupled with cost savings and exits from noncore assets, helped UBS make a net profit of $1.755 billion for the first three months of the year.

Zurich, 12 June 2023 – UBS has completed the acquisition of Credit Suisse today, crossing an important milestone. Credit Suisse Group AG has been merged into UBS Group AG and the combined entity will ...

The Swiss government on Friday proposed strict new capital rules that would require banking giant UBS to hold an additional $26 billion in core capital, following its 2023 takeover of stricken ...

UBS completes Credit Suisse takeover to create bank titan The acquisition sets UBS up for a windfall gain in the tens of billions of dollars Last updated: June 12, 2023 | 13:55 ...

UBS Group (NYSE:UBS) is facing a $26B capital hike under new rules proposed by the Swiss government, according to a statement Friday, as regulators move to tighten oversight following the bank's ...

UBS Group (UBS), which acquired Credit Suisse in 2023, agreed to pay $511M to settle a long-running tax-related investigation into Credit Suisse's implementation of its 2014 plea agreement, the ...

UBS UBS has agreed to buy rival Credit Suisse CS for CHF 3.0 billion (USD 3.2 billion) as Swiss authorities sought to restore confidence in the financial system.

Credit Suisse failed to adequately identify the true beneficial owners of the accounts, held between 2014 and June 2023, the Justice Department said. UBS said it will pay $371.9 million for Credit ...