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Tag: UBS Group AG
Europe stocks higher ahead of central bank meets; UBS up 1% after completing Credit Suisse takeover
[ad_1] 3 Hours Ago UBS shares tick higher after completed Credit Suisse takeover UBS shares rose 1.1% after the Swiss bank said it had completed the takeover of its former…
UBS says it has completed the takeover of stricken rival Credit Suisse
[ad_1] UBS has completed the legal takeover of its former Swiss rival Credit Suisse. The $3.2 billion deal was agreed in March amid worries about Credit Suisse losses would destabilize the banking…
UBS and the Swiss government sign loss protection agreement over Credit Suisse takeover
[ad_1] Swiss authorities brokered the controversial emergency rescue of Credit Suisse by UBS for 3 billion Swiss francs ($3.37 billion) over the course of a weekend in March. Fabrice Coffrini…
Why wealthy Americans love UBS, the secretive Swiss banking giant
[ad_1] With its $3.2 billion acquisition of Credit Suisse, UBS is poised to climb the ranks of global mega banks. UBS is no stranger to blockbuster mergers. The modern company…
Saudi National Bank loses over $1 billion on Credit Suisse investment
[ad_1] Saudi National Bank confirmed to CNBC on Monday that it had been hit with a loss of around 80% on its investment in Credit Suisse. The Riyadh-based bank bought…
‘A financial banana republic’: UBS-Credit Suisse deal puts Switzerland’s reputation on the line
[ad_1] UBS agreed on Sunday to buy its embattled domestic rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) as part of a government-backed, cut-price deal. Swiss authorities and…
Sony backs maker of tiny Raspberry Pi computers with fresh funding, access to A.I. chips
[ad_1] A Raspberry Pi 2 Model B single-board computer. Olly Curtis | Future Publishing | Future | Getty Images The company behind the Raspberry Pi line of computers has raised…
UBS weighs retaining Credit Suisse’s private banking unit in India
[ad_1] UBS Group AG is considering retaining Credit Suisse Group AG’s private banking unit in India after the emergency rescue of its smaller rival last month, paving the way for…