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UBS, Switzerland’s largest bank, has agreed to buy rival Credit Suisse for more than $3 billion in an emergency deal to avoid turmoil stemming from the current banking crisis.
Pedestrians pass the Credit Suisse Group AG headquarters in Zurich, Switzerland, on Friday, March 17, 2023. UBS Group AG and Credit Suisse Group AG are opposed to a forced combination, even as ...
A year after the failure of Credit Suisse, the Swiss government says UBS may have to find as much as $27 billion to absorb potential losses. Now, the giant Swiss lender is hitting back, saying its ...
Money & Macro on MSN5d
The Banking Battle That Ended It All: Credit Suisse vs UBSHow did Credit Suisse go from transforming Switzerland’s economy to being swallowed by UBS? This video unpacks its scandalous ...
UBS said Monday that it has completed its takeover of embattled rival Credit Suisse in a bid to safeguard Switzerland's reputation as a global financial center and choke off market turmoil.
UBS Group AG has ended a multimillion dollar contract with BlackRock Inc.’s Aladdin technology platform that it inherited ...
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UBS expects Brent crude oil prices to remain within the $60–70 per barrel trading range in the near term, it said on ...
UBS CEO Sergio Ermotti has taken on a challenge unprecedented in the history of global banking, and the stakes for him, the bank and global financial markets are sky-high.
UBS expects to complete its takeover of Credit Suisse "as early as June 12", ... Switzerland's no. 1 bank agreed on March 19 to pay 3 billion Swiss francs ($3.37 billion) ...
Confidential chats among traders gave banks an unfair edge, EU judges found — but a flawed calculation led the court to cut ...
Item 1 of 2 A logo of Swiss bank UBS is seen in Zurich, Switzerland March 29, 2023. REUTERS/Denis Balibouse [1/2] A logo of Swiss bank UBS is seen in Zurich, Switzerland March 29, 2023.
UBS, Switzerland and Those Angry AT1 Investors. This shotgun wedding may turn out to be very awkward for UBS if it’s unable to appease Credit Suisse’s wealthy Asian clients.
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