The deal marks the end of 167 years of independence for the troubled bank and the beginning of a new stretch in financial history with one dominant Swiss manager of money for the global elite.

UBS Completes Acquisition of Credit Suisse

04:53am, Monday, 12'th Jun 2023
UBS Group AG completed the deal to acquire former rival Credit Suisse Group AG, sealing the biggest merger in banking since the 2008 financial crisis and creating a global wealth-management titan. Mar

Swiss regulator welcomes UBS's strategic focus

04:24am, Monday, 12'th Jun 2023
Swiss financial regulator FINMA has specified the central elements of its regulatory requirements for the merged UBS and Credit Suisse, it said on Monday.
UBS said Monday that it has finalized its takeover of Credit Suisse AG, ending a monthslong saga that saw the collapse of one of Switzerland's biggest financial institutions.
Swiss bank UBS released an open letter Monday saying that it had formally completed the takeover of its rival Credit Suisse.
Credit Suisse Group AG Chief Executive Ulrich Koerner, in a memo circulated to employees on Friday, indicated that the bank's takeover by UBS Group AG will close on Monday. This is what is called
UBS AG is set to impose tight restrictions on Credit Suisse bankers, including a ban on new clients from high-risk countries and on complex financial products, the Financial Times said on Sunday, citi
Credit Suisse Group AG Chief Executive Ulrich Koerner has indicated to employees that the bank's takeover by UBS AG will close on Monday, Bloomberg News reported on Saturday, citing a memo.
Macy's, Inc. (NYSE:M) already had a Sell rating from analysts at UBS. Now, with the firm expecting worsening macro conditions, the firm is lowering its price target to $12 from $12.75.
Various efficiency programs and strategic acquisitions support UBS Group AG's (UBS) financials. However, expectations of a decline in NII and rising costs are concerning.
UBS and the Swiss government have agreed on how they will share losses linked to the bank's emergency takeover of Credit Suisse, which will create a giant Swiss bank. The agreement clears the way for
UBS and the Swiss government agreed on Friday on how they will share losses linked to the bank's emergency takeover of Credit Suisse , clearing the way for the deal to close in the coming days.

5 Things to Know Before Markets Open

07:35am, Friday, 09'th Jun 2023
General Motors will join the Tesla electric vehicle charging network and Meta plans to roll out a Twitter competitor. Here's what investors need to know today.
UBS Chief Executive Sergio Ermotti hinted on Friday his bank's takeover of Credit Suisse will close on Monday, the earliest expected date.
Some big technology companies racked up scores of artificial-intelligence mentions on their latest earnings calls, so by contrast, Amazon.com Inc. has been quieter about its efforts.
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