UK banks can be wound down without public funds – BoE
The Bank of England (BoE) announced on Tuesday that Britain's top eight banks, including HSBC, Barclays, Lloyds,…
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Credit Suisse
UBS completes merger with Credit Suisse’s Swiss unit
Swiss bank UBS announced on Monday the completion of its merger with Credit Suisse's domestic operations.
Switzerland’s economy to grow 1.4% in ’25 – IMF
The International Monetary Fund (IMF) has forecast a gradual recovery for Switzerland’s economy, predicting an…
Foreign lenders eye Swiss market post UBS-Credit Suisse deal
As Credit Suisse fades into history following its takeover by UBS, global banks are expanding their presence in…
UBS, Credit Suisse Swiss units merger expected by July 1
The merger of the Swiss units of UBS and Credit Suisse could be finalised as early as July 1, as reported by…
Swiss central bank to elect new chief soon
The Swiss National Bank's (SNB) supervisory board is nearing a decision on its nominee to succeed Chairman Thomas…
Swiss Minister flags legal concerns in global bank closures
Swiss Finance Minister Karin Keller-Sutter emphasised the need for international financial authorities to address…
UBS job cuts to start late ’24 – CEO
UBS's CEO announced on Tuesday that the bulk of job reductions in Switzerland, the bank’s home market, would…
UBS to begin layoffs in June post Credit Suisse buyout
Swiss banking behemoth UBS will initiate five-stage layoffs starting in June as part of its cost-cutting programme…
UBS Group gears up for fresh wave of job reductions
UBS Group is reportedly gearing up for another wave of workforce reductions following its acquisition of Credit…
