• Business Mag Search: Economy - Finance > Marketing

      Receive the "Market" Newsletter by email

  • Meet UBS CEO Ralph Hamers, a leader behind Credit Suisse negotiations who opts for open-necked shirts and wants to build 'Netflix of wealth'

    11 days ago - By Business Insider

    CEO Ralph Hamers of Swiss bank UBS addresses the Annual Meeting of Swiss Financial Institute in Zurich, Switzerland November 10, 2022. Arnd Wiegmann/Reuters
    UBS CEO Ralph Hamers is a key figure in negotiations to buy Credit Suisse and prevent its collapse.
    The 56-year-old exec has worked in Swiss banking for more than three decades and is a proponent of digital innovation.
    Here's a look at the life of Hamers.
    In tense, down-to-the-wire negotiations, UBS is working to eke out a deal to buy Credit Suisse and prevent a bank collapse before international markets open Monday, led in part by the...
    Read more ...

     

  • UBS Offers To Buy Embattled Bank Credit Suisse For Up To $1 Billion

    11 days ago - By Forbes

    A deal could be announced Sunday-but there's no guarantee UBS will buy its troubled rival.
    Read more ...

     

  • UBS Nears Deal to Buy Credit Suisse

    11 days ago - By NY Times

    The Swiss government is close to announcing a deal for UBS to buy Credit Suisse, its smaller rival, for about $1 billion.
    Read more ...

     

  • Switzerland mulls nationalization of Credit Suisse as UBS's $1 billion offer deemed too low

    11 days ago - By Fortune

    Swiss authorities are considering a full or partial nationalization and hope to finalize a solution by the time Asian markets open.
    Read more ...

     

  • UBS faces pushback after offering to buy Credit Suisse for $1 billion

    11 days ago - By Fortune

    Credit Suisse believes the UBS offer is too low and would hurt shareholders and employees who have deferred stock.
    Read more ...

     

  • UBS offers to buy Credit Suisse for up to $1 billion, the Financial Times reports

    11 days ago - By CNBC

    The deal, which could be signed as early as this evening, values Credit Suisse at around $7 billion less than its market value at Friday's close.
    Read more ...

     

  • UBS offers up to $1 billion to rescue Credit Suisse, report says

    11 days ago - By Business Insider

    UBS is said to be offering up to $1 billion for Credit Suisse. Getty Images
    UBS is offering to pay up to $1 billion to buy Credit Suisse, the Financial Times reported.
    UBS has been in talks this weekend about buying some or all of its troubled Swiss rival.
    Credit Suisse believed the offer was too low, Bloomberg reported.
    UBS is proposing to pay up to $1 billion to rescue its troubled Swiss rival Credit Suisse, the Financial Times reported Sunday. Swiss regulators plan to make an emergency change to laws so it can avoid a shareholder vote on the deal to speed up the process before markets...
    Read more ...