UBS made a hefty loss in the first full quarter since it closed a deal to rescue CreditSuisse, highlighting the scale of the challenge the bank faces as it absorbs its stricken rival. The Swiss ...
UBS Group said Thursday that it has priced an issue of $3.5 billion in so-called Additional Tier 1 bonds in the first such issuance since the acquisition of its former cross-town rival Credit ...
Switzerland’s biggest bank has fallen to its first quarterly loss in nearly six years as UBS took a $2 billion hit from the complicated task of absorbing its troubled rival CreditSuisse.
2024 will be the “pivotal” year in the takeover of CreditSuisse by UBS, with the migration of IT systems presenting huge risks as the two megabanks merge operations across more than 50 ...
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