UBS

According to reports, UBS conducted its first intraday cross-border repurchase transaction with a global Asian bank using Broadridge\’s Distributed Ledger Repurchase (DLR). Beatriz

On April 2nd, according to foreign media reports, a senior manager of UBS revealed that UBS plans to cut 20% to 30% of its workforce after acquiring Credit Suisse, potentially cutt

According to reports, the US Senate released a report on the Credit Suisse incident, which showed that US Democratic Senator Wyden claimed that the US Internal Revenue Service had

According to reports, under the mediation of the Swiss government, UBS agreed to acquire rival Credit Suisse for 3 billion Swiss francs and agreed to bear losses of up to $5.4 billion. UBS said that the 22.48 shares held by its shareholders would be exchanged for one UBS share, equivalent to 0.76 Swiss francs per share, for a total consideration of 3 billion Swiss francs. The transaction is expected to be completed by the end of 2023, with annual cost savings of approximately $7 billion by 2027. The Swiss Central…

According to reports, Credit Suisse is said to be rejecting UBS’s $1 billion acquisition offer. Previously, UBS proposed to acquire Credit Suisse for up to US $1 billion and acquire Credit Suisse shares for 0.25 Swiss francs per share. Interpretation of this information: The news of Credit Suisse rejecting UBS’s acquisition offer has spread like wildfire. Reports suggest that Credit Suisse has declined the proposal, which included a US$1 billion cash bid and an offer to acquire Credit Suisse shares for 0.25 Swiss francs per share. This development has created…

According to reports, according to the Financial Times, UBS has proposed to acquire Credit Suisse for up to $1 billion. The Swiss authorities are planning to amend the country’s laws to bypass shareholder votes on the deal, as they are eager to finalize the deal by Monday. Four people familiar with the matter said that an all stock transaction between Switzerland’s two largest banks would be signed as early as Sunday night, and the transaction price would be only a small portion of Credit Suisse’s closing price on Friday, which…

According to reports, according to the Financial Times, Switzerland (the authorities) is preparing to take emergency measures to allow UBS to acquire Credit Suisse. Interpretation of this information: The recent report by Financial Times has brought to light that Switzerland’s authorities are preparing to take emergency measures. The measures are aimed at allowing UBS, the Swiss multinational investment bank, to acquire Credit Suisse, a leading financial services company. According to the report, the emergency measures are being taken to safeguard the Swiss banking industry, which has been facing significant challenges…

It is reported that UBS Group (UBS) is negotiating a partial or overall acquisition of Credit Suisse; The two sides will hold separate talks over the weekend; The Swiss Central Bank and the Swiss Financial Supervisory Authority (Finma) coordinate negotiations; Swiss regulators told the Federal Reserve and the Bank of England on Friday that merging the two banks is their “Plan A”; The two banks are discussing numerous options; Both parties assess regulatory restrictions in different jurisdictions; There is no guarantee that an agreement can be reached. (Financial Times) Interpretation…