Ubs

Credit Suisse bankers jostle for slim pickings at UBS, say sources

In order to move rapidly on possible new employment after the merger is done, UBS bankers have recently started meeting with their Credit Suisse colleagues in the world's largest financial cities, according to sources

Following backlash, Swiss parliament calls emergency session on Credit Suisse bailout

Swiss parliamentarians have criticized the rapid rescue effort, which saw Credit Suisse taken over by UBS for 3 billion Swiss francs and propped up with over 250 billion francs in guarantees. The Swiss parliament will meet in Bern for an extraordinary session to discuss Credit Suisse’s downfall

'Truly sorry': Credit Suisse chiefs apologise to angry shareholders

The 167-year-old bank's final AGM was the first chance Credit Suisse shareholders had to voice their frustrations, and some were in tears as they counted the cost of the bank's implosion

Up to 30% of jobs may go in UBS-Credit Suisse merger, say reports

The takeover by UBS of Credit Suisse was hastily arranged by the Swiss government on 19 March to prevent a global financial meltdown, following fears of contagion from the collapse of banks in the United States

Shotgun Marriage: Union Bank of Switzerland chief says integrating UBS-Credit Suisse is risky

UBS and Credit Suisse, the second-biggest bank in Switzerland, were both among the select banks around the world considered to be global systemically important financial institutions

UBS and Credit Suisse merger: Why it might not lead to Swiss bliss

The Swiss National Bank, which played matchmaker in Sunday's takeover of Credit Suisse, said the formation of one giant bank in Switzerland would create competition issues that would need addressing carefully

How Credit Suisse's takeover by UBS could affect their sports sponsorships

The Swiss national football team, the country's top football division, tennis great Roger Federer, golf star Sergio Garcia, and Zurich's new stadium were all sponsored by Credit Suisse, which is being taken over by Swiss rival UBS. This has raised concerns about the bank's sponsorship deals

UBS and Credit Suisse will create Switzerland’s biggest bank: Will the superbank be too big for its own good?

The deal struck late Sunday prevented the collapse of Switzerland's second-biggest lender by folding it into the largest. Some in business, industry and politics are not convinced that one even bigger bank will turn out for the better

Inside story of how and why Credit Suisse went down

The chain of events led to the erasure of one of Switzerland's flagships, a merger backed by 260 billion Swiss francs ($280 billion) of state funds and a move that would upend global finance: favouring the bank's shareholders to the detriment of bond investors.

UBS takeover of Credit Suisse to spark job crisis in London as 10,000 positions on the line across world

UBS told Credit Suisse wealth bankers that it sought to reassure them and that it was willing to keep them on board