UBS Financial News
14.08 / 08:21
UBS
companies
Lawsuit
Credit Suisse
Swiss National Bank
Takeover
Credit Suisse shareholders sue over UBS takeover
SASV noted that UBS originally offered just CHF 1bn, then CHF 3bn for Credit Suisse, compared to the firm’s equity capital of CHF 54bn.
14.08 / 05:15
COST
Action
UBS
CHF
Takeover
UBS faces legal challenge over Credit Suisse takeover, investors to lodge claim in Zurich court today
Credit Suisse, as hundreds of individual shareholders, including former employees of Credit Suisse, are planning to lodge a claim in Zurich’s commercial court today, Financial Times reported. The Swiss Investor Protection Association (SASV), representing retail investors, intends to file the claim on behalf of around 500 Credit Suisse equity investors who experienced significant losses when UBS took over the bank in March. The takeover, orchestrated by Swiss authorities, didn't allow shareholders in both banks to vote on the deal.
13.08 / 18:11
Action
UBS
Credit Suisse shareholders to file suit over UBS merger
shareholders in Credit Suisse will file a legal suit over the bank's forced rescue merger with UBS to obtain compensation for their losses, The Financial Times reported Sunday. The complaint will be filed Monday in Zurich, Arik Roschke of the Swiss shareholders' defence association (SASV) told the AWP news agency, confirming the report.
12.08 / 19:25
UPS
UBS
MercadoLibre
Latin
Solar
fall
IonQ, Spectrum Brands rise; Maxeon Solar, Cano Health fall, Friday, 8/11/2023
Stocks that traded heavily or had substantial price changes Friday: IonQ, Spectrum Brands rise; Maxeon Solar, Cano Health fall
11.08 / 17:41
Provident
Aviat
Entertainment
Parke
UBS
Tapestry
Midday movers: Six Flags Entertainment, Cano Health, UBS and more
Investing.com — U.S. stocks were mixed on Friday after a reading of producer price inflation that came in higher than expected.
11.08 / 17:05
11.08 / 13:21
11.08 / 11:03
BLOCK
DOW
UBS
CHF
country
PPI ahead, News Corp's AI plans - what's moving markets
Investing.com -- Investors attempt to parse out the implications of softer-than-expected U.S. inflation data, with the July producer price index set to be released later on Friday. Elsewhere, News Corp sounds off on its generative artificial intelligence plans, while the Supreme Court places a temporary block on OxyContin-maker Purdue Pharma's $6 billion bankruptcy settlement.
11.08 / 08:55
11.08 / 08:44
UPS
Provident
UBS
Rescue
Swiss
Takeover
UBS ends rescue packages from Swiss gov't that paved way for Credit Suisse takeover
UBS says it has shut down rescue packages agreed with Swiss authorities that made available up to 200 billion Swiss francs (about $230 billion) to help shepherd through its takeover of ailing rival Credit Suisse and avert an international banking crisis
11.08 / 08:41
UBS
companies
Credit Suisse
Swiss National Bank
Swiss
Deal
Takeover
UBS ends loss protection deal agreed with Swiss government for Credit Suisse takeover
The loss protection deal marked the final step in UBS' takeover of Credit Suisse, which was completed on 12 June.
11.08 / 08:05
11.08 / 05:59
Provident
UBS
CHF
cover
Swiss
UBS ends Credit Suisse dependence on Swiss central bank loan
UBS on Friday said that it has ended a 9 billion Swiss franc ($10.27 billion) loss protection agreement and a 100 billion Swiss franc public liquidity backstop that were put in place by the Swiss government when it took over rival Credit Suisse in March.
11.08 / 05:13
11.08 / 02:25
10.08 / 08:33
10.08 / 08:33
JPMorgan
UBS
Telstra
Moelis
MA Moelis poaches real estate banker from JPMorgan
MA Moelis Australia has lured a real estate banker from JPMorgan, as it builds its talent bench.
09.08 / 12:37
COST
UPS
Target
UBS
UBS sees a 'long wait for improvement' for UPS
UPS (NYSE:UPS) shares are down more than 1% premarket after UBS downgraded the stock to Neutral from Buy and lowered the price target to $185 from $198 per share.
08.08 / 20:55
COST
Reuters
UBS
Moodys
Pinnacle
bank stocks
Bank stocks sink on Moody's downgrades, Italy's windfall tax
By Niket Nishant and Chibuike Oguh
08.08 / 11:45
08.08 / 07:49
UPS
Provident
Target
UBS
performer
Deal
Takeover
TPG’s InvoCare takeover proposal (almost) a done deal at $12.70
TPG Capital’s $1.8 billion pursuit of InvoCare appears to be finally over, with the private equity firm and its funeral services provider target agreeing to terms for a binding offer on Tuesday, sources told Street Talk.
what you should know about UBS
What is UBS and why is it relevant?
UBS is a trending topic that is in the spotlight. On our site, we regularly publish updates related to this subject.
Where can I find the latest updates on UBS?
All new posts about UBS can be found in the highlighted block. We publish information regularly.
How can I verify the accuracy of information on UBS?
We consult with professionals to ensure that the information about UBS is accurate and helpful for our readers.