ubs

Swiss banking giant UBS completed its takeover of embattled rival lender Credit Suisse, Switzerland's second-largest bank, on Monday. UBS had bought Credit Suisse in March for 3 billion Swiss francs (€3.09 billion, $3.3 billion) in an…

ZURICH: UBS is set to finalise the takeover of Credit Suisse on Monday (Jun 12), but the hardest part is yet to come - turning the arranged marriage of Switzerland's biggest banks into a success. Reassuring the financial markets,…

ZURICH: UBS and the Swiss government signed on Friday (Jun 9) an agreement to cover up to 9 billion Swiss francs (US$10.00 billion) in losses from its emergency takeover of Credit Suisse, the country's largest bank and the government said.…

ZURICH: UBS said on Monday (Jun 5) it expected to complete its takeover of Credit Suisse "as early as Jun 12", creating a giant Swiss bank with a balance sheet of US$1.6 trillion following a government-backed rescue earlier this year.…

UBS Group AG is looking to retain more than 100 Credit Suisse Group AG investment bankers across Asia as part of a plan to shore up talent in markets where its rival has a stronger presence, a source with direct knowledge of the matter…

:UBS Group AG is looking to retain more than 100 Credit Suisse Group AG investment bankers across Asia, as the Swiss banking giant plans to shore up talent in markets where its rival has a stronger presence, Bloomberg News reported on…

<!-- -->Credit Suisse is listed in New York under a "Depositary Shares" scheme.Switzerland: Battered shares in crisis-hit Credit Suisse no longer meet criteria for listing on the New York Stock Exchange, the bank said Wednesday,…

Tata Motors Share Price: Shares of Tata Motors Ltd has been downgraded by the brokerage firm UBS from neutral to sell. However, it has raised its twelve-month target price for the company’s shares to Rs 450 from Rs 320 earlier.Meanwhile,…

The spread of artificial intelligence (AI) has the potential to be “highly disruptive” to financial markets as the technology aids the publication of false information, and makes leaks of intellectual property more likely, according to…

A court in Singapore on Friday (May 26) ordered fallen banking giant Credit Suisse to pay USD 926 million to a former Georgian prime minister. The payment was ordered as it was determined by the court that Credit Suisse failed in its duty…