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UBS to Sell Stake in Swisscard
American Express to become sole owner of Swisscard as UBS sells its 50% stake
UBS is divesting a portion of the Credit Suisse business it acquired last year by selling the fallen bank’s 50% stake in credit card provider Swisscard. According to a statement from Swisscard, UBS will transfer its 50% ownership in the company to its joint venture partner,
UBS sells 50% interest in Swisscard to Amex - report
UBS (UBS) announced the sale of its 50% stake in Swisscard to its joint venture partner American Express (AXP)
UBS to Sell Stake in Swisscard to American Express
UBS Group is selling a 50% stake in credit-card joint venture Swisscard it inherited from Credit Suisse to partner American Express for an undisclosed sum. The deal will make American Express the sole owner of the business, Swisscard said Monday. Credit Suisse and American Express established Swisscard as a joint venture in 1998.
UBS Sells Credit Suisse's Stake in Swisscard to American Express
UBS Divests Swisscard Stake to American Express UBS has announced the sale of its 50% stake in Swisscard, a credit card provider, to its joint venture partner, American Express. This strategic decision follows
1d
Swiss finish would take shine off UBS’s M&A gift
Was UBS’s Credit Suisse acquisition the “deal of the century”? That phrase, coined by a Swiss lawmaker last year, sums up the ...
3d
on MSN
UBS launches its experiential "House of Craft" campaign in New York as Credit Suisse integration continues
UBS's "House of Craft" campaign, which highlights artisanship, is the bank's first experiential brand initiative since its ...
14h
UBS bankers under pressure to rethink ESG labels
ZURICH: UBS Group AG is asking its bankers to rethink the way they discuss some sustainable products in public following ...
7d
UBS Must Revise Post-Takeover Emergency Plans, Finma Says
UBS Group AG must revise its emergency planning and ensure it can be safely wound down in a crisis, taking account of the ...
6d
What about me? UBS, Credit Suisse tech integration misfires with advisers
Street Talk understands wealth advisers are fired up about a global edict that will keep them wedded to the Credit Suisse ...
6d
Swiss regulator orders UBS to strengthen emergency plans
UBS must improve its emergency plans following its takeover of Credit Suisse to ensure the bank can be wound down or sold ...
chronicle.lu
1d
UBS Completes Merger of Credit Suisse Luxembourg into UBS Europe SE
On Monday 21 October 2024, UBS Europe SE, Luxembourg Branch announced that it has completed the integration of... }} ...
1d
UBS Sells Its 50% Stake in Swisscard to American Express
ZURICH (Reuters) - UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen ...
Neue Zürcher Zeitung
13h
As US investment banking booms again, Switzerland's UBS faces a dilemma
The investment banking frenzy among American rivals may reignite debate over what role this business should play at
UBS
.
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