Ubs Takeover Of Credit Suisse
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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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Over $68 Billion Withdrawn From Credit Suisse Before UBS Takeover
Tens of billions were withdrawn from Credit Suisse in the first three months of 2023, the bank's earnings report showed Monday, providing clues to the towering challenges ahead as UBS prepares an emergency takeover.
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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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Hong Kong Banking Shares Dip Amidst UBS's Takeover Of Credit Suisse
Banking shares in Hong Kong tumbled in early trade on Monday, even as the city's monetary authority said the sector had "insignificant" exposure to troubled Swiss banking giant Credit Suisse.
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UBS Takeover Of Credit Suisse: Six Key Points
The takeover of Credit Suisse by UBS will create a banking giant unprecedented in the history of Switzerland, where banking is a core part of the national identity.
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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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Credit Suisse Says Biggest Swiss Bank's $1 Billion Takeover Offer Too Low
UBS Group AG is offering to buy Credit Suisse Group AG for as much as $1 billion, a deal that the troubled Swiss firm is pushing back on with backing from its biggest shareholder.
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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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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.
-
Over $68 Billion Withdrawn From Credit Suisse Before UBS Takeover
Tens of billions were withdrawn from Credit Suisse in the first three months of 2023, the bank's earnings report showed Monday, providing clues to the towering challenges ahead as UBS prepares an emergency takeover.
-
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.
-
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.
-
Hong Kong Banking Shares Dip Amidst UBS's Takeover Of Credit Suisse
Banking shares in Hong Kong tumbled in early trade on Monday, even as the city's monetary authority said the sector had "insignificant" exposure to troubled Swiss banking giant Credit Suisse.
-
UBS Takeover Of Credit Suisse: Six Key Points
The takeover of Credit Suisse by UBS will create a banking giant unprecedented in the history of Switzerland, where banking is a core part of the national identity.
-
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.
-
Credit Suisse Says Biggest Swiss Bank's $1 Billion Takeover Offer Too Low
UBS Group AG is offering to buy Credit Suisse Group AG for as much as $1 billion, a deal that the troubled Swiss firm is pushing back on with backing from its biggest shareholder.
-
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.
