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  2. UBS - Wikipedia

    en.wikipedia.org/wiki/UBS

    UBS. UBS Group AG [nb 1] is a multinational investment bank and financial services company founded and based in Switzerland. Headquartered in Zürich, it maintains a presence in all major financial centres as the largest Swiss banking institution and the largest private bank in the world.

  3. Union Bank of Switzerland - Wikipedia

    en.wikipedia.org/wiki/Union_Bank_of_Switzerland

    29,100 (1996) [1] Union Bank of Switzerland ( UBS) [a] was a Swiss investment bank and financial services company located in Switzerland. The bank, which at the time was the second largest bank in Switzerland, merged with Swiss Bank Corporation in 1998 to become UBS. This merger formed what was then the largest bank in Europe and the second ...

  4. Acquisition of Credit Suisse by UBS - Wikipedia

    en.wikipedia.org/wiki/Acquisition_of_Credit...

    Completed. 12 June 2023. On 19 March 2023, Swiss bank UBS Group AG agreed to buy Credit Suisse for CHF 3 billion ( US$ 3.2 billion) in an all-stock deal brokered by the government of Switzerland and the Swiss Financial Market Supervisory Authority. [1] [2] [3] The Swiss National Bank supported the deal by providing more than CHF 100 billion ...

  5. UBS makes first profit since Credit Suisse rescue - AOL

    www.aol.com/ubs-makes-first-profit-since...

    UBS has reported its first quarterly profit since buying ailing rival Credit Suisse, marking a sharp turnaround from six months of losses that immediately followed the closure of the rescue deal ...

  6. What Wall Street is saying about UBS buying Credit Suisse

    www.aol.com/finance/wall-street-saying-ubs...

    After much speculation and concern about a banking crisis, UBS made its play for its stricken long-time Swiss rival late Sunday by agreeing to a $3.2 billion takeover of Credit Suisse .

  7. Biggest test of Credit Suisse rescue yet to come, says UBS - AOL

    www.aol.com/biggest-test-credit-suisse-rescue...

    2024 will be the “pivotal” year in the takeover of Credit Suisse by UBS, with the migration of IT systems presenting huge risks as the two megabanks merge operations across more than 50 ...

  8. Banking in Switzerland - Wikipedia

    en.wikipedia.org/wiki/Banking_in_Switzerland

    Steve Kroft, host of Banking: A Crack In the Swiss Vault In November 2013, the Zürcher Kantonalbank was classified as a systemically important bank in Switzerland by order of the Swiss National Bank (SNB), alongside UBS, Credit Suisse, Raiffeisen (Switzerland) and PostFinance, and must meet stricter capital requirements and prepare contingency plans for times of crisis. In another step toward ...

  9. UBS smashes estimates with first profit since Credit Suisse ...

    www.aol.com/news/ubs-reports-first-profit-since...

    UBS on Tuesday reported net income for January-March that was nearly triple estimates as the bank logged its first quarterly profit since taking over fallen rival Credit Suisse. The group's wealth ...

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