By John Revill BERN (Reuters) -UBS Chief Executive Sergio Ermotti on Friday warned of painful decisions about job cuts ...
Separately, some holders of Credit Suisse AT1 bonds wiped out by the merger instruct lawyers to represent them for possible ...
ZURICH: UBS said on Monday it expected to complete its takeover of Credit Suisse “as early as June 12”, creating ...
The deal’s completion is subject to the registration statement, which covers shares to be delivered, being declared effective ...
UBS Chief Executive Sergio Ermotti said on Friday that the situation at Credit Suisse has stabilized and he did not think outflows at the embattled bank were continuing. Addressing the Swiss Media ...
ZURICH: UBS Group AG has rehired Sergio Ermotti as CEO to steer its massive takeover of neighbour Credit Suisse - a surprise move that seeks to take advantage of his experience in rebuilding the ...
UBS is reportedly considering delaying its financial results from July 25 to late August due to the complex issues involved ...
UBS CEO Sergio Ermotti largely leaned on UBS executives in pulling together his new team. Some media had speculated that a number of Credit Suisse bankers would take up senior roles at the new group.
Credit Suisse posted a profit of CHF 12.43 billion for Q1 of 2023. UBS CEO Sergio Ermotti said that the Swiss government and central bank would avoid taking a financial hit from the emergency rescue.
UBS CEO Sergio Ermotti largely leaned on UBS executives in pulling together his new team. Some media had speculated that a number of Credit Suisse bankers would take up senior roles at the new group.
"We won't be able to create, short term, job opportunities for everybody. Synergies is part of the story," Ermotti said at an ...
ZURICH: UBS said on Monday (Jun 5) it expected to complete its takeover of Credit Suisse "as early as Jun 12", creating a ...