UBS has completed the acquisition of Credit Suisse, 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.It marks the last trading day of Credit...
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June 12, 2023, 07:16 AM
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Following the recent announcement of the planned acquisition of Credit Suisse, UBS outlines its new operating model and leadership team, an important milestone in the combination of the two firms.UBS anticipates that the legal close will take place...
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May 09, 2023, 07:00 AM
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The Board of Directors of UBS Group AG (UBS) announced it has named Sergio P. Ermotti as its new Group Chief Executive Officer, effective April 5. The Board made the decision to appoint Ermotti as CEO in light of UBS’s new priorities following its...
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March 30, 2023, 07:18 AM
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UBS announced it plans to acquire Credit Suisse. The combination is expected to create a business with more than $5 trillion in total invested assets and sustainable value opportunities. It will further strengthen UBS’s position as the leading...
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March 20, 2023, 07:18 AM
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The Independent Community Bankers of America® (ICBA) President and CEO Camden R. Fine sent a letter to Federal Reserve Chair Janet Yellen, Comptroller of the Currency Thomas Curry, FDIC Chairman Martin Gruenberg, Securities and Exchange Commission...
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June 02, 2015, 07:07 AM
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Reuters reported that nine of the largest global banks expressed confidence they can be salvaged or dismantled without taxpayer bailouts if they became insolvent, as U.S. regulators released public portions of these banks' "living wills".According to...
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July 05, 2012, 08:00 AM
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