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At Close: Jun 04, 2026
UBS Group (UBS) Notes Likely Losses, Gains From Credit Suisse Deal
01:33pm, Wednesday, 17'th May 2023
Fair value adjustments of the combined group's financial assets and liabilities, litigation provisions, and other factors are expected to hit UBS Group (UBS) shareholders' equity by $28.3 billion.
UBS says it was rushed into Credit Suisse deal
11:06am, Wednesday, 17'th May 2023
UBS Group AG (NYSE:UBS) did not want to buy Credit Suisse Group AG (NYSE:CS) and was rushed into purchasing the failed bank for close to US$3.5bln, according to a regulatory document. The Swiss lender
5 Things to Know Before Markets Open
10:30am, Wednesday, 17'th May 2023
House Speaker Kevin McCarthy said a debt ceiling deal could be ready by the end of the week and Target's earnings show that consumers are buying more necessities and fewer discretionary items. Here's
UBS to make $35bn in Credit Suisse takeover – but lose $17bn in rushed deal
06:01am, Wednesday, 17'th May 2023
UBS says it will absorb costs related to litigation, regulatory matters and liability adjustments in emergency rescue
UBS Is Biggest Winner From Banking Turmoil With $35 Billion Gain
05:37am, Wednesday, 17'th May 2023
UBS will also set aside $4 billion for legal expenses from the deal.
UBS Braces To Lose Billions After Rushed Credit Suisse Rescue
05:29am, Wednesday, 17'th May 2023
UBS said it didn't want to acquire its rival and its inability to do thorough due diligence means it's possible it “agreed to a rescue that is considerably more difficult and risky than it had conte
UBS expects $17 billion hit from Credit Suisse rescue, flags hasty due diligence
03:44am, Wednesday, 17'th May 2023
UBS estimates a financial hit of around $17 billion from its emergency takeover of Credit Suisse, according to a regulatory filing.
UBS Plans for $4 Billion Legal Hit From Credit Suisse Deal
01:32am, Wednesday, 17'th May 2023
The Swiss bank released new details about the acquisition's likely impact on its balance sheet.
UBS says it was rushed into unwanted Credit Suisse rescue merger
01:26am, Wednesday, 17'th May 2023
UBS Group AG was rushed into buying cross-town rival Credit Suisse Group AG in a deal it did not want, as a global bank crisis worsened the latter's finances and prompted authorities to take swift act
UBS estimates $34.8 bln of 'negative goodwill' from Credit Suisse buy -filing
06:24pm, Tuesday, 16'th May 2023
Swiss bank UBS Group AG said on Tuesday it estimated a "negative goodwill" of $34.8 billion from its acquisition of Credit Suisse.
Exclusive: EU antitrust regulators to okay UBS, Credit Suisse deal, sources say
12:32pm, Tuesday, 16'th May 2023
EU antitrust regulators are expected to give unconditional clearance to UBS' planned takeover of struggling fellow Swiss bank Credit Suisse following the end of its preliminary review, people familiar
Exclusive: Top Barclays M&A bankers decamp for UBS-sources
05:04pm, Monday, 15'th May 2023
At least seven top Barclays Plc bankers have resigned to join to UBS Group AG in the United States in the last few days, people familiar with the matter said.
Banks: 10 Weeks Into The Bank Wreck. Where Do We Stand?
07:30am, Monday, 15'th May 2023
Regional banks remain under pressure 10 weeks after the start of the bank crisis. Regulators, JPMorgan's Jamie Dimon aim at short sellers.
Credit Suisse outflows stemmed, job cuts coming, UBS boss confirms
07:52am, Friday, 12'th May 2023
Collapsed Swiss bank Credit Suisse Group AG (NYSE:CS) is no longer seeing outflows, Sergio Ermotti, the chief executive officer at its new owner UBS Group AG (NYSE:UBS), has confirmed. The newly ap
UBS CEO Ermotti: Credit Suisse no longer seeing outflows, situation has stabilised
03:47am, Friday, 12'th May 2023
UBS Chief Executive Sergio Ermotti said on Friday that the situation at Credit Suisse has stabilized and he did not think outflows at the embattled bank were continuing.
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