This follows the merger of the holding companies UBS Group and CS Group on 12 June 2023. The completion of the merger between ...
By Adria Calatayud UBS Group's board approved a merger between its UBS AG and Credit Suisse AG subsidiaries, as the integration process following ...
Swiss banking giant UBS AG (UBS) announced Thursday its Board of Directors has approved the execution of a merger of UBS AG and ...
The sale marked a big test of investor demand for the market, which was shaken in March when the takeover of Credit Suisse by UBS resulted in $17bn of Credit Suisse bonds being wiped out.
UBS has formally begun the integration of Credit Suisse's parent bank, the Swiss bank said, marking a key next step in what ...
The group reported $22 billion in net new money in its wealth management arm, as it won new customers, and Credit Suisse ... in June, UBS has wrestled to stabilise the group. With the takeover ...
The AT1 bonds are a funding source for UBS and other banks to prop up their capital buffers. However, Swiss authorities ordered the write-off of $17 billion in Credit Suisse’s AT1 as part of its ...
Ermotti is battling high costs as he winds down Credit Suisse’s unprofitable businesses while fully integrating its key Swiss banking unit UBS chief executive Sergio Ermotti has said the ...
UBS raises $3.5bn for first AT1 bonds since Credit Suisse takeover on facebook (opens in a new window) UBS raises $3.5bn for first AT1 bonds since Credit Suisse takeover on linkedin (opens in a ...
2024 will be the “pivotal” year in the takeover of Credit Suisse by UBS, with the migration of IT systems presenting huge risks as the two megabanks merge operations across more than 50 ...
Nov 8 (Reuters) - UBS started selling Additional Tier 1 bonds for the first time since it took over Credit Suisse on Wednesday, a key milestone after the merger rocked the market for risky bank ...
UBS Group said Thursday that it has priced an issue of $3.5 billion in so-called Additional Tier 1 bonds in the first such issuance since the acquisition of its former cross-town rival Credit Suisse.
