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Takeover benefits: UBS investors warm to Credit Suisse deal

UBS's emergency
takeover of Credit Suisse may lead to thousands of job losses,
departures of key staff and a risky integration challenge, but
for many UBS investors it increasingly looks like a good...

Blonay , Switzerland-general- , Switzerland , Zurich , Züsz , Swiss , Colm-kelleher , David-holmes , Julius-baer , Andreas-thomae , John-revill , Kian-abouhossein

Analysis-Takeover benefits: UBS investors warm to Credit Suisse deal

UBS's emergency takeover of Credit Suisse may lead to thousands of job losses, departures of key staff and a risky integration challenge, but for many UBS investors it increasingly looks like a good deal for Switzerland's biggest bank. Since UBS bought Credit Suisse in a 3 billion Swiss franc ($3.4 billion) deal completed last month, investors have come to share the optimism of UBS Chairman Colm Kelleher, who has highlighted the many opportunities as well as potential pitfalls arising from the takeover. Several fund managers who hold UBS stock have told Reuters they think UBS has bought Credit Suisse at a good price, with some even describing it as a steal.

Blonay , Switzerland-general- , Switzerland , Zurich , Züsz , Swiss , John-revill , Deka-thomae , Andreas-thomae , Julius-baer , Oliver-hirt , David-holmes

Thousands of jobs lost but UBS investors warm to Credit Suisse deal

Bank faces risk of losing many of Credit Suisse's best client as rivals have poached entire teams

Zurich , Züsz , Switzerland , Blonay , Switzerland-general- , Swiss , Julius-baer , Andreas-thomae , Colm-kelleher , Kian-abouhossein , Deka-thomae , Financial-services-index

Analysis-Takeover Benefits: UBS Investors Warm to Credit Suisse Deal

Analysis-Takeover Benefits: UBS Investors Warm to Credit Suisse Deal
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Zurich , Züsz , Switzerland , Blonay , Switzerland-general- , Swiss , Oliver-hirt , Andreas-thomae , Julius-baer , Deka-thomae , Kian-abouhossein , Colm-kelleher

UBS investors warm to Credit Suisse deal

UBS's emergency takeover of Credit Suisse may lead to thousands of job losses, departures of key staff and a risky integration challenge, but for many UBS investors it increasingly looks like a good deal for Switzerland's biggest bank.

Zurich , Züsz , Switzerland , Blonay , Switzerland-general- , Swiss , John-revill , Andreas-thomae , Julius-baer , Deka-thomae , Kian-abouhossein , Colm-kelleher

Commerzbank shareholders pave way for Jens Weidmann as chairman

FRANKFURT (Reuters) -Commerzbank shareholders on Wednesday cleared the way for the economist Jens Weidmann to take over as chairman of the German lender, ...

Germany , Frankfurt , Brandenburg , German , Jens-weidmann , Alexandra-annecke , Helmut-gottschalk , Jan-harvey , Tom-sims , Deka-andreas-thomae , Kirsten-donovan , Frank-siebelt

Deutsche Bank investors raise questions, call for tweaks amid praise at AGM

Deutsche Bank investors on Wednesday questioned the sustainability of the lender's growth plans and called for a shift of resources from the investment bank, even as they praised CEO Christian... | May 17, 2023

Phoenix , Arizona , United-states , Tom-sims , Andreas-thomae , Alexandra-annecke , Deutsche-bank , Union-investment , Rachel-more , Deutsche-bank-ag-stock-exchange , Ews , Nformation

Credit Suisse investor loses faith in management over cash outflows

Credit Suisse's senior management has lost the confidence of investors after revealing cash outflows had persisted despite signalling they had stabilised, one of Germany's top investment managers... | February 11, 2023

Germany , Switzerland , Swiss , Ulrich-koerner , Oliver-hirt , John-revill , Andreas-venditti , Axel-lehmann , Andreas-thomae , Bank-vontobel , Credit-suisse , Moody

Credit Suisse investor loses faith in management over cash outflows

ZURICH (Reuters) - Credit Suisse's senior management has lost the confidence of investors after revealing cash outflows had persisted despite signalli...

Germany , Zurich , Züsz , Switzerland , Swiss , Ulrich-koerner , Oliver-hirt , John-revill , Andreas-venditti , Axel-lehmann , Andreas-thomae , Bank-vontobel

Deutsche Bank CEO Won't Rule Out Job Cuts

FRANKFURT—Deutsche Bank CEO Christian Sewing on Thursday refused to rule out job cuts as the bank strives to ...

Germany , Andreas-thomae , Goldman-sachs , Deutsche-bank , Reuters , Investment-bank , New-york , Wall-street , Bank , Deutsche , Jobs , Results