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  2. Acquisition of Credit Suisse by UBS - Wikipedia

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

    The final deal to purchase Credit Suisse for CHF 3 billion ($3.2 billion) was accepted by the board of Credit Suisse prior to the opening of Asian financial markets on Monday morning. The acquisition was an all-stock deal, with Credit Suisse shareholders receiving 1 UBS share per 22.48 Credit Suisse shares, equivalent to CHF 0.76 per share. [1 ...

  3. 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: More than $3 billion. Who Will Run the Combined Entity: UBS chair Colm Kelleher and UBS CEO Ralph Hamers. Other: UBS sees the deal as ...

  4. What Wall Street is saying about UBS buying Credit Suisse - AOL

    www.aol.com/finance/wall-street-saying-ubs...

    After much speculation and concern about a banking crisis, UBS (UBS) made its play for its stricken long-time Swiss rival late Sunday by agreeing to a $3.2 billion takeover of Credit Suisse (CS ...

  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. Credit Suisse - Wikipedia

    en.wikipedia.org/wiki/Credit_Suisse

    Website. credit-suisse.com. Credit Suisse Group AG (French pronunciation: [kʁe.di sɥis], lit. 'Swiss Credit') is a global investment bank and financial services firm founded and based in Switzerland as a standalone firm but now a subsidiary of UBS.

  7. 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.

  8. UBS - Wikipedia

    en.wikipedia.org/wiki/UBS

    UBS will keep the Swiss business of Credit Suisse but will retire its brand. UBS says it plans to cut costs by $10 billion. UBS also announced at the end of August 2023 that money outflows have stopped at Credit Suisse. [216] In early September 2023, UBS had clearly profited from the takeover as its stocks were increasingly valuable.

  9. UBS completes Credit Suisse takeover to become wealth ... - AOL

    www.aol.com/news/ubs-completes-credit-suisse...

    ZURICH (Reuters) -UBS on Monday said it had completed its emergency takeover of embattled local rival Credit Suisse, creating a giant Swiss bank with a balance sheet of $1.6 trillion and greater ...

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