UBS profit beats forecast as Credit Suisse merger nears end
Swiss banking giant UBS said Tuesday that it remained on track to substantially wrap up its mega-merger with Credit Suisse by ...
Swissinfo12h
Asian investors sue Switzerland over Credit Suisse bond losses
More than 500 investors from Singapore, Japan and Hong Kong have launched claims against Switzerland in relation to AT1 bonds.
Business Times1d
Over 500 investors, including 300 Singaporeans, kick off claim against Switzerland over Credit Suisse bond losses of over US$250 million
MORE than 500 investors have started their claims process against Switzerland for its forced write-down of Credit Suisse’s ...
UBS says Credit Suisse integration to practically complete next year
UBS, Switzerland's largest bank, announced Tuesday it is on schedule with its 2024 targets for integrating Credit Suisse. The ...
Business Times1d
Over 500 investors start claims process against Switzerland for Credit Suisse AT1 write-down
MORE than 500 investors have started their claims process against Switzerland for its forced write-down of Credit Suisse’s ...
UBS said to cut hundreds of Swiss jobs amid Credit Suisse integration
UBS Group (UBS) is reportedly cutting hundreds of jobs in Switzerland, affecting several levels, as part of its integration ...
UBS CEO takes aim again at Swiss capital rules, spooking shares
UBS shares sank on Tuesday after its CEO warned again about the negative impact of new Swiss capital rules and the bank said ...
finews10d
Credit Suisse AT1 Bond Disputes: Switzerland in the Hot Seat
The fallout from Credit Suisse’s collapse continues as lawsuits targeting Switzerland’s write-off of AT1 bonds intensify. A ...
finews2d
UBS Posts $5.1 Billion Profit as Credit Suisse Integration Accelerates
The Swiss banking giant closed 2024 with strong earnings, driven by asset inflows and investment banking gains. The Credit ...
Swissinfo1d
Switzerland’s Finma Pushes Back Against Calls to Protect UBS
Switzerland’s financial watchdog signaled it’s opposed to giving UBS Group AG any special treatment to aid its competitiveness against global rivals, as the country undergoes a regulatory overhaul ...
Financial Advisor2d
UBS Has Cut 10,000 Jobs Since Credit Suisse Takeover In 2023
UBS made the deepest job cuts in the immediate aftermath of the takeover, with headcount dropping by more than 3,000 in the third quarter of 2023. That pace has slowed since and the workforce declined ...
UBS initiates job cuts in Switzerland following Credit Suisse integration - Bloomberg
UBS had previously announced that there would be approximately 3,000 redundancies in Switzerland as part of the integration process. These layoffs coincide with UBS's efforts to remove most public ...