Rival Credit Suisse
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Credit Suisse Merger With UBS To Cost 3,000 Jobs In Switzerland
Banking giant UBS said Thursday that its merger with former rival Credit Suisse and full absorbtion of its Swiss unit would cause 3,000 job cuts in Switzerland in the coming years.
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Swiss Bank UBS To Cut 35,000 Jobs After Credit Suisse Rescue: Report
Swiss banking group UBS plans to cut 35,000 jobs at Credit Suisse -- more than half its workforce -- as part of the emergency rescue takeover of its rival in March, according to a report by Bloomberg News on Tuesday.
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UBS Completes Takeover Of Credit Suisse
UBS announced Monday it had finalised the takeover of its former rival Credit Suisse, clearing the way for the Herculean task of integrating two of the world's most important banks.
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UBS Faces "Bumpy" Integration As It Takes Over Credit Suisse
UBS said Monday that it had finalised the takeover of its former rival Credit Suisse, clearing the way for a Herculean task of integration that will be closely watched by clients, employees and Swiss political leaders.
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Swiss Regulator Vows To Hold Credit Suisse Bosses To Account: Report
Swiss financial regulator Finma is probing how to hold bosses at Credit Suisse to account following its emergency takeover by rival UBS, a media report said on Sunday.
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Swiss Brace For Major Job Losses After Credit Suisse Buyout
Tens of thousands of jobs could disappear in Switzerland following UBS's emergency takeover of its troubled rival Credit Suisse, observers warned Tuesday, as unions demanded a rescue package for banking staff.
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Credit Suisse Shares Dip By 64% Post Takeover By Biggest Swiss Bank
UBS shares plunged by almost nine percent as markets opened Monday, a day after the announcement it will take over its troubled Swiss rival Credit Suisse for $3.25 billion.
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As UBS Acquires Credit Suisse, Central Banks Try To Calm Jittery Markets
Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal.
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Biggest Swiss Bank UBS Agrees To Buy Crisis-Hit Credit Suisse In Historic Deal
UBS will take over stricken rival Swiss bank Credit Suisse for "a merger consideration of three billion Swiss francs", ($3.24 billion), Credit Suisse said in a statement Sunday following intense talks in Bern.
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Biggest Swiss Bank Agrees To Buy Credit Suisse, Doubles Its Offer: Report
UBS has agreed to take over its troubled Swiss rival Credit Suisse after doubling its offer to $2 billion, the Financial Times reported amid urgent talks Sunday aimed at sparing the embattled bank from a bloodbath when the markets reopen.
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Switzerland's Biggest Banks In Spotlight Over Likely "Merger Of Century"
UBS was up against the clock Sunday in talks to finalise a mammoth takeover of its troubled rival Swiss bank Credit Suisse and reassure investors before the markets reopen.
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UBS In Talks To Acquire Crisis-Hit Swiss Bank Credit Suisse: Report
UBS Group AG is exploring an acquisition of all or parts of Credit Suisse Group AG at the urging of Swiss regulators after its smaller rival was pummeled by a crisis of confidence.
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Credit Suisse Merger With UBS To Cost 3,000 Jobs In Switzerland
Banking giant UBS said Thursday that its merger with former rival Credit Suisse and full absorbtion of its Swiss unit would cause 3,000 job cuts in Switzerland in the coming years.
-
Swiss Bank UBS To Cut 35,000 Jobs After Credit Suisse Rescue: Report
Swiss banking group UBS plans to cut 35,000 jobs at Credit Suisse -- more than half its workforce -- as part of the emergency rescue takeover of its rival in March, according to a report by Bloomberg News on Tuesday.
-
UBS Completes Takeover Of Credit Suisse
UBS announced Monday it had finalised the takeover of its former rival Credit Suisse, clearing the way for the Herculean task of integrating two of the world's most important banks.
-
UBS Faces "Bumpy" Integration As It Takes Over Credit Suisse
UBS said Monday that it had finalised the takeover of its former rival Credit Suisse, clearing the way for a Herculean task of integration that will be closely watched by clients, employees and Swiss political leaders.
-
Swiss Regulator Vows To Hold Credit Suisse Bosses To Account: Report
Swiss financial regulator Finma is probing how to hold bosses at Credit Suisse to account following its emergency takeover by rival UBS, a media report said on Sunday.
-
Swiss Brace For Major Job Losses After Credit Suisse Buyout
Tens of thousands of jobs could disappear in Switzerland following UBS's emergency takeover of its troubled rival Credit Suisse, observers warned Tuesday, as unions demanded a rescue package for banking staff.
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Credit Suisse Shares Dip By 64% Post Takeover By Biggest Swiss Bank
UBS shares plunged by almost nine percent as markets opened Monday, a day after the announcement it will take over its troubled Swiss rival Credit Suisse for $3.25 billion.
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As UBS Acquires Credit Suisse, Central Banks Try To Calm Jittery Markets
Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal.
-
Biggest Swiss Bank UBS Agrees To Buy Crisis-Hit Credit Suisse In Historic Deal
UBS will take over stricken rival Swiss bank Credit Suisse for "a merger consideration of three billion Swiss francs", ($3.24 billion), Credit Suisse said in a statement Sunday following intense talks in Bern.
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Biggest Swiss Bank Agrees To Buy Credit Suisse, Doubles Its Offer: Report
UBS has agreed to take over its troubled Swiss rival Credit Suisse after doubling its offer to $2 billion, the Financial Times reported amid urgent talks Sunday aimed at sparing the embattled bank from a bloodbath when the markets reopen.
-
Switzerland's Biggest Banks In Spotlight Over Likely "Merger Of Century"
UBS was up against the clock Sunday in talks to finalise a mammoth takeover of its troubled rival Swiss bank Credit Suisse and reassure investors before the markets reopen.
-
UBS In Talks To Acquire Crisis-Hit Swiss Bank Credit Suisse: Report
UBS Group AG is exploring an acquisition of all or parts of Credit Suisse Group AG at the urging of Swiss regulators after its smaller rival was pummeled by a crisis of confidence.
