UBS Chief Executive Sergio Ermotti on Friday warned of painful decisions about job cuts following the takeover of Credit ...

UBS is poised to finalize its acquisition of Credit Suisse, with a potential completion date in sight. Here's the latest the ...

Separately, some holders of Credit Suisse AT1 bonds wiped out by the merger instruct lawyers to represent them for possible ...

UBS Chief Executive Sergio Ermotti said on Friday that the situation at Credit Suisse has stabilized and he did not think outflows at the embattled bank were continuing. Addressing the Swiss Media ...

ZURICH: UBS said on Monday (Jun 5) it expected to complete its takeover of Credit Suisse "as early as Jun 12", creating a ...

ZURICH: UBS Group AG has rehired Sergio Ermotti as CEO to steer its massive takeover of neighbour Credit Suisse - a surprise move that seeks to take advantage of his experience in rebuilding the ...

UBS is reportedly considering delaying its financial results from July 25 to late August due to the complex issues involved ...

Shares of UBS rise Monday after the company appoints Sergio Ermotti as interim CEO after a $2.3 billion rogue trading loss forces the resignation of Oswald Gruebel. Shares of UBS rise Monday after ...

Credit Suisse posted a profit of CHF 12.43 billion for Q1 of 2023. UBS CEO Sergio Ermotti said that the Swiss government and central bank would avoid taking a financial hit from the emergency rescue.

UBS CEO Sergio Ermotti largely leaned on UBS executives in pulling together his new team. Some media had speculated that a number of Credit Suisse bankers would take up senior roles at the new group.

"We won't be able to create, short term, job opportunities for everybody. Synergies is part of the story," Ermotti said at an ...