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CS Stock News Image - Reuters

UBS has halted plans to set up a new fund unit in China and decided to maintain ownership in a mega fund joint venture from its Credit Suisse takeover, two people with direct knowledge of the matter said.

Reuters 2023 Jul 11
CS Stock News Image - Reuters

A rare Swiss parliamentary investigation due to start this week aims to establish what went wrong before the dramatic fall of Credit Suisse, once Switzerland's second biggest bank.

Reuters 2023 Jul 11
CS Stock News Image - Market Watch

Evercore Inc. EVR, +0.32% said Monday it has hired former Credit Suisse analyst Michael Binetti as senior managing director at Evercore ISI to provide research services for the department store and specialty retailer sectors. Binetti has nearly 20 years of research experience and most recently worked as managing director at Credit Suisse covering retail and digital commerce for more than five years.

Market Watch 2023 Jul 10
CS Stock News Image - Reuters

Saudi National Bank wanted to increase its stake in Credit Suisse to around 40% from 9.88%, but was prevented from doing so by Swiss regulator FINMA, Blick newspaper reported on Sunday.

Reuters 2023 Jul 09
CS Stock News Image - Bloomberg Markets and Finance

Private bankers at Credit Suisse are being told to dust off their resumes ahead of a selection of new managers following the takeover by UBS. Nabila Ahmed reports on Bloomberg Television.

Bloomberg Markets and Finance 2023 Jul 04
CS Stock News Image - Bloomberg Markets and Finance

Credit Suisse's private bankers are being told to dust off their resumes ahead of the selection of new managers following the takeover by UBS. Tom Metcalf reports on Bloomberg Television.

Bloomberg Markets and Finance 2023 Jul 04
CS Stock News Image - Reuters

UBS Group AG is aiming to avoid using a $10 billion backstop for Credit Suisse amid a backlash, the Financial Times reported on Sunday.

Reuters 2023 Jul 02
CS Stock News Image - Proactive Investors

Credit Suisse Group AG (NYSE:CS) rescuer UBS Group AG (NYSE:UBS) is reportedly poised to lay off tens of thousands of staff from the embattled bank in a move that could well mark another blow for London's Canary Wharf. Some 35,000 posts could be removed from Credit Suisse as the bank is merged with UBS, according to Bloomberg, with cuts set to affect offices in Asia, New York and London.

Proactive Investors 2023 Jun 28
CS Stock News Image - Reuters

UBS is weighing cutting tens of thousands of jobs following its emergency takeover of Credit Suisse, as the Swiss bank leans towards keeping the domestic operations of its fallen rival, according to a person familiar with the discussions.

Reuters 2023 Jun 28
CS Stock News Image - Market Watch

UBS is preparing a dramatic cull of Credit Suisse bankers in wake of its rescue deal for its Swiss rival.

Market Watch 2023 Jun 28
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