BUSINESSCredit Suisse Reported $69 Billion of Outflows Amid Meltdown That Led to UBS MergeradminApril 24, 2023April 24, 2023 April 24, 2023April 24, 2023 Credit Suisse reported a total of 61.2 billion Swiss francs (CHF) ($69 billion) in outflows in the first quarter of 2023, with a net asset...
BUSINESSUS Fed Approves UBS’s Plan to Takeover US Subsidiaries of Credit SuisseadminApril 15, 2023April 15, 2023 April 15, 2023April 15, 2023 UBS Group AG has received approval from the US Federal Reserve to acquire Credit Suisse’s US subsidiaries. The deal, brokered by the Swiss authorities, will...
MARKETSIndian Client Services won’t be affected after UBS acquisition, says Credit Suisse SpokespersonadminMarch 22, 2023March 22, 2023 March 22, 2023March 22, 2023 Credit Suisse has confirmed that its merger with UBS will not affect services to its Indian clients, as the bank is focused on ensuring a...
STARTUPSByju’s to Raise $150 Million From UBS Group at Valuation of $16.5 BillionadminApril 29, 2021April 29, 2021 April 29, 2021April 29, 2021 Byju’s is raising about $150 million from UBS Group AG at a valuation of about $16.5 billion, multiple people familiar with the deal said. The...
BUSINESSDBS in List Global Banks Surrendering Hong Kong Office SpaceadminMarch 24, 2021March 24, 2021 March 24, 2021March 24, 2021 DBS Group Holdings Ltd is set to join UBS Group AG and other global banks giving up office space in pricey Hong Hong with so...