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.

UBS Group AG has cut more than 10,000 roles since it bought Credit Suisse, marking a milestone in the lender’s efforts to integrate its former rival. Global headcount stood at 108,648 at the end ...

UBS embarked on a more than $10 billion cost cutting plan on Thursday, saying it will axe 3,000 jobs in Switzerland alone after swallowing up its stricken rival Credit Suisse.

December 19, 2024 at 12:00 AM EST. Save. When UBS Group AG agreed to buy Credit Suisse Group AG in March 2023, it was a pivotal moment for European banking.

ZURICH (Reuters) - A long-awaited report on how Swiss authorities handled the collapse of Credit Suisse is due to be published in the coming days, potentially paving the way for stricter oversight ...

UBS Group reported a third-quarter profit well above expectations and said it remains committed to its dividend and buyback ambitions, as the bank pressed ahead with the integration of Credit Suisse.

UBS Group reported a third-quarter profit well above expectations and said it remains committed to its dividend and buyback ambitions, as the bank pressed ahead with the integration of Credit Suisse.

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 ...