Ermotti Says UBS Is Thinking About What’s Next After Credit …
2 days ago · 2 minutes. (Bloomberg) — Eighteen months after its rescue takeover of rival Credit Suisse, UBS Group AG Chief Executive Officer Sergio Ermotti said his firm is starting to think about what comes ...
Swiss regulator orders UBS to strengthen emergency plans
ZURICH, Oct 15 (Reuters) - UBS must improve its emergency and recovery plans following its takeover of Credit Suisse to ensure it can be wound down or sold without risking financial stability and...
UBS shares soar as smashes profit forecast, sticks to share …
ZURICH, May 7 (Reuters) - UBS (UBSG.S) stunned investors with a $1.8 billion first-quarter profit on Tuesday, saying it was sticking with share buybacks, easing concerns about Swiss plans...
UBS completes Credit Suisse takeover to become wealth …
Jun 12, 2023 · UBS completed its emergency takeover of embattled local rival Credit Suisse on Monday, forging a Swiss banking and wealth management giant with a $1.6 trillion balance sheet.
UBS completes Credit Suisse takeover. Here’s what it means
Jun 12, 2023 · UBS has finalized its emergency takeover of fallen rival Credit Suisse, creating a giant Swiss bank with nearly $1.7 trillion in assets in the biggest banking tie-up since the 2008 global...
News releases | UBS Global
UBS publishes 2023 Annual Report and Sustainability Report. UBS Group AG (UBS) and Apollo conclude investment management and transition services agreements as final step in carve-out of former Credit Suisse Securitized Products business, Atlas SP. Redemption of UBS Group AG senior unsecured notes.
UBS breaks record with $29bn profit after Credit Suisse deal
Aug 31, 2023 · UBS has reported the biggest-ever quarterly profit for a bank, after recording a $29bn gain linked to its takeover of Credit Suisse.
UBS completes merger of UBS Switzerland AG and Credit Suisse …
Jul 1, 2024 · UBS Switzerland AG has succeeded to all the rights and obligations of Credit Suisse (Schweiz) AG. The merger of the Swiss entities facilitates the migration of clients and operations from Credit Suisse (Schweiz) AG to the UBS platform, following business, client- and product-specific requirements.
UBS completes merger of UBS Switzerland AG and Credit Suisse …
Jul 1, 2024 · UBS Switzerland AG has succeeded to all the rights and obligations of Credit Suisse (Schweiz) AG. The merger of the Swiss entities facilitates the migration of clients and operations from...
How UBS fell out with Switzerland’s establishment after rescuing …
Jul 10, 2024 · UBS staff at a company-wide meeting last month were taken aback by the criticism levelled against Switzerland’s establishment by chief executive Sergio Ermotti and chair Colm Kelleher. “They...