UBS’s Acquisition of Credit Suisse: Anticipating Significant Costs and Benefits
UBS has indicated that its acquisition of Credit Suisse could bring significant costs and benefits, highlighting the high...
Credit Suisse
Credit Suisse
Credit Suisse executives likely to remain part of merged UBS team
According to people familiar with the matter, UBS Group AG’s CEO Sergio Ermotti has reportedly identified the Credit...
Deutsche Bank’s Restructuring Plan Pays Off with 11 Consecutive Quarters of Profit
Deutsche Bank, a German lender, announced on Thursday that it had recorded a net profit of 1.158 billion...
£55bn Vanishes in Thin Air: The Shocking Story Behind Credit Suisse’s Rescue
Introduction: The recent news of a massive £55bn withdrawal from Credit Suisse before its rescue has sent shockwaves...
Credit Suisse Faces Allegations of Impeding Investigation into Historical Ties to Nazis
The allegations against Credit Suisse of maintaining accounts for senior Nazi officials and Nazi-affiliated groups have sparked a...
Credit Suisse Faces Setback as Swiss Parliament Votes Against Rescue Package
The lower house of Switzerland’s parliament has rejected the 109 billion Swiss francs of financial guarantees that the...
Switzerland’s parliament approves 109B Swiss francs to rescue Credit Suisse
On Tuesday, Switzerland’s parliament failed to give its approval for the 109 billion Swiss francs ($120.5 billion) of...
Swiss government cancels up to $66M in bonuses for top Credit Suisse executives
The Swiss government has mandated reductions to the bonuses of Credit Suisse’s top executives. Almost 1,000 managers are...
Credit Suisse Acquisition Triggers UBS Workforce Reduction of Up to 36,000
The recent news of UBS considering a workforce reduction of up to 30% following its buyout of Credit...
Swiss prosecutor to investigate Credit Suisse deal, cuts 30% job UBS stock was down 3.1 per cent at 18.68 Swiss francs.
While the emergency merger of the country’s two largest banks is taking shape, Switzerland’s top prosecutor launched an...