UBS sells its 50% stake in Swisscard to American Express
UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank's 50% stake in ...
World Street | American Express earnings beat, AI giant Genesys prepares for IPO, UBS offloads Swisscard stake, and more
From Disney's management rejig to Jeff Bezos-backed Perplexity AI's fundraise plans, here's a look at some of the major developments from across the world.
Neue Zürcher Zeitung11h
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. With ...
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 ...
Bank of America boss sees team yanked away months after death of worker who logged 100-hour weeks
An embattled Bank of America executive was stripped of responsibility over a key money-making division — months after outcry over the headline-grabbing death of an overworked junior banker ...
Gulf Times20h
UBS bankers under pressure from lawyers to rethink ESG labels
UBS Group AG is asking its bankers to rethink the way they discuss some sustainable products in public following advice from ...
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 ...
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 ...