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UBS Plans Next Round of Layoffs in Credit Suisse Integration

UBS Group AG is planning another round of job cuts as the firm continues to trim headcount following its rescue of Credit Suisse, according to people with knowledge of the matter. read more

UBS Ends Apollo Management Deal Struck by Credit Suisse

UBS Group AG agreed to sell $8 billion in unwanted assets to Apollo Global Management Inc. as part of the carve-out of Credit Suisse’s securitized products group, after renegotiating key parts ... read more

UBS still reviewing risk of misstatement in Credit Suisse's books

opens new tab said it is still reviewing potential misstatements in Credit Suisse's financial reports and talks with regulators to address the issue are ongoing. The bank said on Thursday in its ... read more

UBS, Apollo Complete Carveout of Former Credit Suisse Business

The Swiss bank said Wednesday that it and New York-based asset manager Apollo agreed to end deals for the management of Atlas SP, the former securitized products business of Credit Suisse that ... read more

UBS to sell $8bn of loans to Apollo

UBS has agreed to sell $8bn worth of loans to private capital group Apollo as part of a renegotiated deal to hive off a Credit Suisse business that securitised loans for assets such as yachts. read more

Credit Suisse ‘weighs options’ to rebound

ZURICH: Credit Suisse is in the early stages of weighing options to bolster its capital after a string of losses eroded its financial buffers, two people with knowledge of the matter told Reuters. read more

Switzerland lays out new 'too big to fail' rules in wake of Credit Suisse banking turmoil last year

The agency played a key role, along with government officials and bank executives, in striking the UBS megamerger worth 3 billion Swiss francs ($3.48 billion) after Credit Suisse customers rapidly ... read more

UBS sells $8 billion of Credit Suisse assets to Apollo

ZURICH (Reuters) - UBS has sealed the sale of Credit Suisse's securitised products business to Apollo Global Management as part of efforts to shed non-core assets after its takeover of the ... read more

UBS CEO Ermotti to Stay to See Through Credit Suisse Integration

UBS Group said Sergio Ermotti is set to stay as chief executive officer to see through the integration of Credit Suisse, and sought to address concerns about its size and potential needs for ... read more