[ad_1] UBS Group AG will keep Credit Suisse’s domestic bank and fully integrate it, overriding local criticism that a merged entity will hold excessive sway over the country’s financial system.…
Tag: Sergio P Ermotti
Credit Suisse Disbands China Onshore Wealth Unit, Dozens Depart
[ad_1] Credit Suisse dismissed its entire wealth management team in China, scrapping its ambition to become one of the biggest foreign money managers in the country as UBS Group AG…
Switzerland Needs Another Major Local Bank, Swatch CEO Says
[ad_1] Nick Hayek, the head of Swatch Group AG, says he regrets the loss of Credit Suisse as it will open Switzerland to more foreign lenders. The watchmaker is now…
UBS’s Ermotti Says Bank Size Presents No Danger for Switzerland
[ad_1] UBS’s Ermotti Says Bank Size Presents No Danger for Switzerland Bloomberg [ad_2] Source link
The Remarkable Rise of UBS as the Billionaires’ Bank
[ad_1] UBS CEO Sergio Ermotti on Credit Suisse Acquisition and Bank’s … Bloomberg [ad_2] Source link
Credit Suisse Prepares for More Job Cuts, Financial News Says
[ad_1] UBS Group AG is poised to start its next wave of job cuts at Credit Suisse, this time targeting about 10% of support staff, likely in areas such as…
UBS Storms AT1 Market With First Sale Since Credit Suisse’s Fall
[ad_1] UBS Group AG’s hotly-anticipated sale of additional tier 1 bonds, its first since Credit Suisse roiled the market with a historic writedown, pulled in roughly 10 times the bids…