Etiket: Suisse
UBS share weaker: Credit Suisse boss Körner brought to UBS group management
shares in this article UBS 17.45 euros-0.14% As the bank announced, UBS AG and Credit Suisse AG will act independently for the time being, and the integration is to be…
Credit Suisse stock falls: Credit Suisse bondholders take legal action against AT1 write-down
shares in this article UBS 17.97 euros-1.64% The bondholders, who hold around 4.5 billion Swiss francs of subordinated Credit Suisse bonds, want the decision to write off their bonds reversed…
This is how the Swiss Minister of Justice justifies the exceptional situation surrounding the takeover of Credit Suisse by UBS
shares in this article UBS 18.73 euros1.08% • Minister of Justice Baume-Schneider defends the encroachment on shareholders’ rights • Baume-Schneider: “The best solution” – bankruptcy would have been a “disaster”…
After Credit Suisse debacle: Bafin receives more complaints about banks
shares in this article In 2022, the number of complaints rose by a fifth to 15,000, according to Bafin surveys available to Reuters. Consumers complained most frequently about account suspensions…
Credit Suisse shares firmer: CS President apologizes to shareholders – Lehmann re-elected as Chairman of the Board of Directors
shares in this article He is sorry that the turnaround failed. “The loss of trust has broken our necks,” said Lehmann, who has been in office for a good year,…
After Credit Suisse takeover: “Major Swiss bank UBS wants to cut tens of thousands of jobs”
The major Swiss bank UBS wants to reduce its workforce by 20 to 30 percent after taking over ailing competitor Credit Suisse. Globally, 25,000 to 36,000 jobs would be at…
Competition law and shareholder rights in focus: Emergency law enables takeover of Credit Suisse by UBS
shares in this article • Credit Suisse and UBS before forced merger • Federal Council uses emergency law to initiate emergency merger • Shareholder rights severely curtailed and competition concerns…
‘The best horse’ must arrange merger UBS and Credit Suisse. And that’s not Ralph Hamers
Nine days after the announcement that the Swiss megabank UBS is saving the ailing Swiss counterpart Credit Suisse (CS) from collapse, Ralph Hamers unexpectedly has to make way. The Dutchman…
UBS is apparently considering terminating the contract with CS star banker Michael Klein – UBS wants to buy back Bali-In bonds – UBS wants to stop the Credit Suisse spin-off
shares in this article She therefore wanted to seek talks with Klein, according to a report by the Financial Times on Tuesday evening, which cited insiders as the source. UBS…
Hundreds of protesters gather at Credit Suisse headquarters in Zurich after takeover by UBS
About two hundred demonstrators protested this evening outside the headquarters of the Swiss bank Credit Suisse because of the takeover of the ailing bank by the larger Swiss rival UBS.…