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Credit Suisse
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UBS is reportedly planning to reduce its workforce by 30% while retaining Credit Suisse’s domestic business.
UBS, the Swiss banking giant, is reportedly contemplating a significant reduction in its workforce following its emergency takeover of Credit Suisse.
UBS has highlighted a potential financial impact of $17 billion resulting from its acquisition of Credit Suisse.
UBS Group AG, in a regulatory presentation ahead of the completion of its takeover of Credit Suisse Group AG, has projected a significant financial impact of approximately $17 billion.
The chairman of Saudi National Bank has stepped down following Credit Suisse’s acquisition.
The acquisition of a large stake in Saudi National Bank (SNB) by Credit Suisse has been met with controversy in the Saudi Arabian business community.
UBS is aiming to finalize the acquisition of Credit Suisse by July 2021.
The merger between UBS and Credit Suisse is set to be completed by July, creating a banking giant with total assets of roughly CHF 1 trillion.
The chairman of UBS has stated that the integration of Credit Suisse will require up to four years.
The Chairman of UBS, Axel Weber, has revealed that the integration of Credit Suisse may take up to…
The OECD has revised its global GDP growth forecast, modestly increasing it to 2.7%.
In its latest Economic Outlook report released on Wednesday, the Organisation for Economic Co-operation and Development (OECD) announced a modest upward revision in its growth forecast for the world economy.
Strategies for Financial Planning and Wealth Management in the UAE
The United Arab Emirates (UAE) is known for its affluent lifestyle and luxurious amenities. With a thriving economy…
