UBS Chief Executive Sergio Ermotti on Friday warned of painful decisions about job cuts following the takeover of Credit ...

Separately, some holders of Credit Suisse AT1 bonds wiped out by the merger instruct lawyers to represent them for possible ...

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 ...

Credit Suisse and the entire banking industry," said UBS CEO Sergio Ermotti, who was brought back to the bank to help see the deal through. “Together we will solidify and represent the Swiss ...

UBS is poised to finalize its acquisition of Credit Suisse, with a potential completion date in sight. Here's the latest the ...

ZURICH: UBS said on Monday it expected to complete its takeover of Credit Suisse “as early as June 12”, creating ...

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.

"We won't be able to create, short term, job opportunities for everybody. Synergies is part of the story," Ermotti said at an ...

UBS expects to complete its takeover of Credit Suisse "as early as June 12", which will create a giant Swiss bank with a ...