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Mar 28, 2023 · Credit Suisse, the second-largest bank in Switzerland, collapsed in March 2023 and was bought by rival UBS for 3 billion CHF (about $3.3 billion USD). Credit Suisse faced numerous scandals in...
Mar 19, 2023 · UBS has agreed to buy Credit Suisse after increasing its offer to more than $2bn, with Swiss authorities poised to change the country’s laws to bypass a shareholder vote as they rush to announce...
1 July 2024 – The legal merger between Credit Suisse (Switzerland) Ltd. and UBS Switzerland AG was completed today. Read the news release. Announcements published so far. Your questions, our answers. The questions and answers are updated and expanded on a regular basis.
Jun 12, 2023 · UBS completed its emergency takeover of embattled local rival Credit Suisse on Monday, forging a Swiss banking and wealth management giant with a $1.6 trillion balance sheet.
May 31, 2024 · ZURICH, May 31 (Reuters) - UBS (UBSG.S) on Friday completed the merger of the main parent companies of the Swiss bank and Credit Suisse, which it acquired last year after its longtime rival...
Jun 12, 2023 · UBS has finalized its emergency takeover of fallen rival Credit Suisse, creating a giant Swiss bank with nearly $1.7 trillion in assets in the biggest banking tie-up since the 2008 global...
Jun 14, 2023 · UBS has completed the acquisition of Credit Suisse today, crossing an important milestone. Credit Suisse Group AG has been merged into UBS Group AG and the combined entity will operate as a consolidated banking group. Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules.
Oct 10, 2023 · Switzerland’s government managed to head off a spiralling European banking crisis when it orchestrated UBS’s $3.3bn takeover of Credit Suisse six months ago — but the long-term pain has only...
May 31, 2024 · UBS Group AG completed the historic acquisition of its former rival Credit Suisse, marking a new chapter for the Swiss financial sector as the defunct bank’s legal existence has formally ended.
Oct 27, 2022 · Credit Suisse Unveils Sweeping Revamp to Revive Its Fortunes - The New York Times. The restructuring includes shrinking its investment bank and raising $4 billion in capital from investors,...
