ZURICH – UBS said on Monday it expected to complete its takeover of Credit Suisse “as early as June 12”, creating a giant Swiss bank with a balance sheet of US$1.6 trillion (S$2.2 trillion ...

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 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 ...

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 ...

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 ...

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 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.

Switzerland proposed some of the toughest capital rules in the world on banking giant UBS, an effort to prevent another Credit Suisse-style meltdown, protect taxpayers and restore the country’s ...

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 ...

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 ...

The Swiss government proposed strict new capital rules that would require banking giant UBS to hold an additional $26 billion in core capital.