Tag: UBS
UBS Will Pay $3 Billion For Credit Suisse
Swiss banking giant UBS will purchase struggling rival Credit Suisse in a $3 billion government-supported deal.
Switzerland’s central bank announced the takeover Sunday (March 19), saying the move would restore confidence...
UBS, Credit Suisse Oppose Idea Of Forced Combination
According to Bloomberg News' Thursday report, UBS Group and Credit Suisse are both against any type of coerced merger.
UBS prefers to focus on its...
UBS Calls Off Wealthfront $1.4 Billion Merger
UBS Group and robo advisor Wealthfront have agreed to scrap their planned $1.4 billion merger, the companies said on Friday.
UBS announced the deal for...
UBS To Settle US SEC Fraud Charges
Wealth manager and banking group UBS will pay $25 million to settle fraud charges relating to an options trading strategy, the US Securities and Exchange...
UBS To Buy US Wealthfront For $1.4B
Swiss bank UBS has agreed to buy US-focused automated wealth management provider Wealthfront, which has more than US$27 billion in assets under management, in...
Big Banks Brace As UK’s FX Class Action May Advance
A specialist London court will decide whether a long-awaited multi-billion pound class action against some of the world’s biggest banks over alleged foreign exchange...
Credit Suisse May Seek UBS Merger
Credit Suisse executives are looking for ways to overhaul the bank and a merger with Swiss rival UBS may be on the cards, reported...
EU Antitrust Regulators Fine Nomura, UBS, UniCredit 371M
EU antitrust regulators on Thursday, May 20, fined Nomura, UBS, and UniCredit a total of €371 million (US$452 million) for taking part in a...
UBS, Credit Suisse Reportedly Explore Merger
Leadership at two of the largest Swiss banks are exploring a merger that could create the biggest bank in Europe, according to a report...
EU: UBS, Deutsche Bank held talks on investment banking alliance
RBS and Deutsche Bank held talks about combining their businesses earlier this year, including discussions in mid-June about an investment banking alliance, the...
