UBS profit smashes analyst estimates as it steps up Credit Suisse integration Banking Swiss banking titan UBS has reported a profit well ahead of analysts' forecasts for the three months to June as it steps up its integration of fallen rival Credit Suisse.
UBS offers to repay former Credit Suisse clients 90 per cent of Greensill funds Banking Swiss banking giant UBS has offered to repay former Credit Suisse clients 90 per cent of the funds they invested with specialist finance firm Greensill Capital, which collapsed in 2021.
UBS and Credit Suisse complete merger Banking The merger of UBS and Credit Suisse is now formally complete.
Credit Suisse-UBS merger: Withers preps Hong Kong arbitration claim against Switzerland May 14, 2024 Law firm Withers is prepping an international arbitration against the Swiss government for its role in the merger of Credit Suisse and UBS
UBS sails past earnings estimates as it aims to draw a line under Credit Suisse deal May 7, 2024 Swiss banking giant UBS has returned to profit after two straight quarterly losses, driven by its wealth management and investment banking divisions, as it continues to integrate former domestic rival Credit Suisse.
UBS to launch new share buyback as Credit Suisse deal continues to pay off April 2, 2024 Swiss banking giant UBS has promised to launch a new share buyback programme of up to $2bn, after suspending its previous plan last year following its acquisition of former rival Credit Suisse.
UBS seals deal to sell $8bn in loans to Apollo as it presses on with Credit Suisse integration March 27, 2024 UBS and private equity giant Apollo Global Management have finalised a deal to sell $8bn worth of Credit Suisse's securitised products as the bank winds down non-core businesses of its former rival after acquiring it last year.
One year on from Credit Suisse deal, $100bn UBS finally has the scale to take on Wall Street March 19, 2024 Swiss banking giant UBS has reinforced its status as one of the world's leading wealth managers after its market capitalisation sailed past $100bn shortly before the first anniversary of its landmark deal to acquire rival Credit Suisse.
UBS reinstates dividend and plans share buyback despite second consecutive quarterly loss February 6, 2024 UBS has announced that it will resume share buybacks in the second half of this year and plans to award shareholders up to $1bn (£797m) as it integrates fallen rival Credit Suisse.
Week ahead: BP’s strategy under new chief, UBS’ Credit Suisse integration update February 4, 2024 Markets are bracing for full-year results from BP and UBS this week, while several regions will release data on the performance of the services sector.