UBS will hold its annual general meeting on Wednesday morning against a fraught political backdrop following its takeover of fallen rival Credit Suisse, announced last month.
UBS will seek to reassure shareholders on Wednesday that its unexpected takeover of rival Credit Suisse in the biggest bank rescue since the great financial crash can work.

Air Bags Deployed to Cushion Bank Crashes

05:29pm, Tuesday, 04'th Apr 2023
In recent years, COVID and a ZIRP (Zero Interest Rate Policy) caused out-of-control inflation to swerve the economy in the wrong direction. However, the Federal Reserve and its Chairman, Jerome Powell
The Bank of England has approved UBS Group AG's takeover of Credit Suisse Group AG in the United Kingdom, people familiar with the process told Reuters, a key market for the Swiss lenders racing to cl
UBS has secured a temporary green light from EU antitrust regulators to complete its acquisition of Credit Suisse but will still have to request clearance under EU merger rules, the European Commissio

UBS Stock Is Trading Below Its Fair Value

06:00am, Tuesday, 04'th Apr 2023
UBS' stock (NYSE: UBS) has gained 14% YTD, whereas the S&P500 has increased 7% over the same period. Further, at the current price of $20 per share, it is 13% below its fair value of $23 – Trefis' e
GENEVA (AP) — Once-venerable Credit Suisse is heading into a possible firestorm Tuesday as shareholders meet for what is shaping up to be their last crack at managers following a colossal collapse o
A police presence was established outside the Credit Suisse annual meeting as shareholders began arriving in droves.
There has been an incredible amount of turmoil forming in the market lately. The recent banking crisis, which ultimately led to a central bank-sponsored buyout of Credit Suisse (NYSE: CS ) by UBS Gr
The UBS takeover of rival Credit Suisse was engineered by Swiss authorities in a bid to rein in turmoil in global banking.

UBS set to reduce workforce by 20-30%: Report

11:07am, Monday, 03'rd Apr 2023
Yahoo Finance Live's Brad Smith discusses reports that UBS will reduce its workforce by 20-30%.
Credit Suisse and UBS shares fell on Monday after Switzerland's Federal Prosecutor opened an investigation into the emergency merger of the two lenders.
Sight deposits held by the Swiss National Bank declined last week, data showed on Monday, suggesting that Credit Suisse and UBS may have cut back on use of emergency funds offered them to facilitate t
UBS's Swiss government-brokered takeover of domestic rival Credit Suisse could see UBS's headcount slashed by as much as 30%, Swiss newspaper SonntagsZeitung has reported. Citing an unnamed senior man
Swiss investment bank UBS Group AG is preparing to lay off as many as 36,000 people in the wake of its takeover of rival Credit Suisse — significantly more than first planned, according to a report
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