UBS announced the finalization of the deal for its rival Credit Suisse in an open letter to Swiss and other international newspapers.
UBS said Monday that it has finalized its takeover of Credit Suisse AG, ending a monthslong saga that saw the collapse of one of Switzerland’s biggest financial institutions.
UBS... UBS said Monday that it has finalized its takeover of Credit Suisse AG, ending a monthslong saga that saw the collapse of one of Switzerland’s biggest financial institutions.
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UBS says it has completed the takeover of stricken rival Credit SuisseSwiss bank UBS released an open letter Monday saying that it had formally completed the takeover of its rival Credit Suisse.
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UBS completes Credit Suisse takeover to become wealth management behemothUBS on Monday said it had completed its emergency takeover of embattled local rival Credit Suisse , creating a giant Swiss bank with a balance sheet of $1.6 trillion and greater muscle in wealth management.
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