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2. Acquisition of Credit Suisse by UBS - Wikipedia

   en.wikipedia.org/wiki/Acquisition_of_Credit...

   UBS only wanted Credit Suisse if the price was low, and if Swiss authorities indemnified UBS from any Credit Suisse regulatory violations. [15] [16] On the morning of 19 March, UBS made an offer of 0.25 Swiss francs ($0.27) per share, valuing Credit Suisse at around $1 billion, but the price outraged the Mideast investors. SNB urged Credit ...

3. UBS buys Credit Suisse for $3.2 billion as regulators look to ...

   www.aol.com/ubs-reportedly-offers-buy-credit...

   UBS agreed to buy its embattled rival Credit Suisse for $3.2 billion Sunday, with Swiss regulators playing a key part in the deal as governments looked to stem a contagion threatening the global ...

4. After UBS buys Credit Suisse, here's where investors may ...

   www.aol.com/finance/ubs-buys-credit-suisse-heres...

   Here are the UBS-Credit Suisse deal details: Purchase Price: ... Axel Lehmann attend a news conference on Credit Suisse after UBS takeover offer, in Bern, Switzerland, March 19, 2023.

5. UBS reports huge 2Q profit skewed by Credit Suisse takeover ...

   www.aol.com/news/ubs-reports-huge-2q-profit...

   In a separate statement, Credit Suisse, calling itself a UBS subsidiary following the completion of the deal on June 12, announced a loss of 8.9 billion Swiss francs ($10.1 billion) as it wrapped ...

6. UBS reports pre-tax loss in 3Q but says benefits of Credit ...

   www.aol.com/news/ubs-reports-pre-tax-loss...

   UBS has said the two banks will operate separately until a planned legal merger next year, and the Credit Suisse brand — with its storied yet recently troubled legacy in Swiss finance — would ...

7. Biggest test of Credit Suisse rescue yet to come, says UBS - AOL

   www.aol.com/biggest-test-credit-suisse-rescue...

   2024 will be the “pivotal” year in the takeover of Credit Suisse by UBS, with the migration of IT systems presenting huge risks as the two megabanks merge operations across more than 50 ...

8. UBS posts large loss on costs of Credit Suisse takeover - AOL

   www.aol.com/ubs-posts-785-million-loss-083017166...

   UBS made a hefty loss in the first full quarter since it closed a deal to rescue its stricken rival Credit Suisse, even as the bank attracted billions of dollars in new deposits from customers.

9. UBS will cut 3,000 jobs in Switzerland as it absorbs Credit ...

   www.aol.com/ubs-targets-cost-cuts-10-055132904.html

   UBS expects to shed around 3,000 jobs in Switzerland to help it cut $10 billion in costs as it undertakes a sweeping overhaul following its emergency rescue of Credit Suisse earlier this year.