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UBS faces new lawsuit by Appaloosa over Credit Suisse $17 billion bond wipeout By Reuters
Investing.com· 1 day agoAppaloosa said Credit Suisse Chief Executive Ulrich Koerner falsely proclaimed that liquidity was...
Switzerland says UBS may need more cash. The bank is fuming | CNN Business
CNN.com· 1 day agoA year after the failure of Credit Suisse, the Swiss government says UBS may have to find as much as...
UBS Plans Five Waves of Layoffs From June to November — Financial News
Morningstar· 3 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 plans next round of layoffs in Credit Suisse integration, Bloomberg News reports
Reuters via Yahoo Finance· 1 week agoThe layoffs are scheduled to take place in the upcoming weeks, the report said, citing people with...
UBS’s Swiss Rivals Hope Credit Suisse Hires Will Win Wealthy Clients
The Wall Street Journal· 3 days agoUBS Group’s smaller Swiss rivals have been on a hiring spree for former Credit Suisse employees,...
UBS flags 'serious' concern about new Swiss capital requirements By Reuters
Investing.com· 1 day agoUBS executives on Wednesday told shareholders that the bank has major concerns about the Swiss...
UBS to Regulators: We Don't Need Extra Capital
The Wall Street Journal· 1 day agoUBS Chairman Colm Kelleher criticized Switzerland’s plans to increase the bank’s loss buffers, saying “additional capital is the wrong remedy” to prevent...
3 Credit Suisse Mutual Funds for Consistent Returns
Zacks via Yahoo Finance· 3 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 ...
European markets close lower as momentum falters; tech stocks hold gains
CNBC· 1 day agoUBS shareholders on Wednesday afternoon approved changes to the bank's Additional Tier 1 (AT1) bond...
You Can't Rely On Bank Regulators To Protect Your Cash
GoldSeek.com· 6 days agoAccording to the Financial Times, the FINMA, which is the Swiss financial regulator, blocked the disclosure of key documents to the former holders of Credit Suisse ...