The merger of the Swiss units of UBS and Credit Suisse could be completed as early as July 1, a senior executive at UBS was quoted as saying on Tuesday.
U.S. stocks could soon be on the road again to record highs, barring any big surprises this week on the inflation front or from the Federal Reserve's two-day policy meeting, according to UBS.
A group of Credit Suisse bondholders filed a lawsuit against the Swiss government, seeking full compensation over the contentious decision to write down the failed bank's Additional Tier 1 (AT1) debt. Law firm Quinn Emanuel Urquhart & Sullivan, which represents the plaintiffs, on Thursday said that it had filed a lawsuit in the U.S. District Court for the Southern District of New York.
A group of Credit Suisse bondholders holding $82 million worth of the failed bank's Additional Tier 1 (AT1) debt have filed a lawsuit against Switzerland seeking compensation, U.S. court filings on Thursday showed.
UBS (UBS) reported earnings 30 days ago. What's next for the stock?
UBS Group (UBS) wraps up the merger between UBS AG and Credit Suisse AG. The company now aims to integrate the U.S. holding company business and Credit Suisse (Schweiz) AG operation.
Recent disclosures from Nvidia highlight just how concentrated its customer base is. The company said just two customers represented 24% of its revenue in the first quarter.
Following is a timeline outlining the 168-year history of Credit Suisse Group, the Zurich-based bank that was formally absorbed on Friday by Swiss rival UBS after a 3 billion franc takeover last year.
The historic takeover of Credit Suisse is now complete, UBS, arch rival of the failed Swiss bank announced Friday.
Swiss bank UBS said on Friday it had completed the merger of the main parent companies of the Swiss lender and its longtime rival Credit Suisse, which it acquired last year.
Scorching-hot tech powerhouse Nvidia (NASDAQ: NVDA ) saw its shares incur a rare dip on Thursday. This volatility comes following a CNBC report that one customer provides the lion's share of top-line contributions.
UBS on Thursday announced a shake-up of its senior management, splitting its top wealth role between two executives who are both seen as potential successors to CEO Sergio Ermotti.