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UBS faces new lawsuit by Appaloosa over Credit Suisse $17 bln bond wipeout
Reuters· 2 days agoA new lawsuit by U.S. hedge fund Appaloosa LP accuses the formerCredit Suisse of misleading...
UBS Group (UBS) to Cut Jobs for $10 Billion Cost Reduction
Zacks via Yahoo Finance· 4 days agoUBS Group (UBS) plans to cut jobs in five separate waves, starting June 2024, to save costs. The...
UBS Plans Five Waves of Layoffs From June to November — Financial News
Morningstar· 4 days agoUBS Group will roll out five waves of job cuts starting in June as it pushes through its takeover of Credit Suisse, which is expected to lead to thousands ...
UBS’s Swiss Rivals Hope Credit Suisse Hires Will Win Wealthy Clients
The Wall Street Journal· 4 days agoUBS Group’s smaller Swiss rivals have been on a hiring spree for former Credit Suisse employees,...
Credit Suisse Group (NYSE:CS) Coverage Initiated at StockNews.com
ETF DAILY NEWS· 3 days agoStockNews.com started coverage on shares of Credit Suisse Group (NYSE:CS – Free Report) in a research report released on Monday. The firm issued a hold ...
Switzerland says UBS may need more cash. The bank is fuming
CNN Business via Yahoo Finance· 2 days agoA year after the failure of Credit Suisse, the Swiss government says UBS may have to find as much as...
Appaloosa Sues Credit Suisse Over $17 Billion AT1 Bond Wipeout
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Hedge fund Appaloosa LP became the latest to sue over the $17 billion wipeout of...
3 Credit Suisse Mutual Funds for Consistent Returns
Zacks via Yahoo Finance· 4 days agoCredit Suisse AG is an owned subsidiary of UBS Group AG, following its acquisition by the latter in June 2023. It was previously known as Credit ...
Five waves of UBS layoffs to start in June, SonntagsZeitung says
Reuters· 5 days ago, opens new tab cost-cutting programme announced after its takeover of Credit Suisse will take place...
Lemssouguer’s Hedge Fund Drops 6.6% in March on Credit Bets
Bloomberg· 2 days agoFormer Credit Suisse trader Hamza Lemssouguer’s hedge fund suffered its second-biggest monthly loss in March as some of his credit bets soured.