The current pace of job cuts means UBS is set to miss the internal target of reducing its full-time headcount to 85,000 by the end of 2026, when it is set to complete the integration of its former ...

According to a media report, the planned job cuts at UBS are progressing more slowly than expected. But the fact that the ...

The person added that the cost-reduction process was “not a straight line” and that UBS could not shut down some legacy Credit Suisse systems until client migration is completed, which is expected by ...

The Zurich-based lender’s agreement with the U.S. Justice Department will resolve the remaining consumer relief obligations ...

The deal settles Credit Suisse’s outstanding obligations relating to mortgage-backed bonds sold before the 2008 financial ...

UBS hits a 52-week high on strong Q2 results, Credit Suisse integration gains, and solid capital position despite expense ...

UBS said Monday that it has completed its takeover of embattled rival Credit Suisse in a bid to safeguard Switzerland's reputation as a global financial center and choke off market turmoil.

UBS has finalized its emergency takeover of fallen rival Credit Suisse, creating a giant Swiss bank with nearly $1.7 trillion in assets in the biggest banking tie-up since the 2008 global ...

UBS and the Swiss government have agreed on how they will share losses linked to the bank’s emergency takeover of Credit Suisse, which will create a giant Swiss bank. The agreement clears the ...

UBS, Switzerland's largest bank, has agreed to buy rival Credit Suisse for more than $3 billion in an emergency deal to avoid turmoil stemming from the current banking crisis.

GENEVA — Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators in an effort to avoid further market-shaking turmoil in the ...

Swiss President Alain Berset said banking giant UBS is acquiring its smaller rival Credit Suisse for almost $3.25 billion in an effort to avoid further market-shaking turmoil in global banking. The… ...