SWITZERLAND: Sergio Ermotti has been rehired by UBS Group AG (UBSG.S) as CEO to oversee its large acquisition of neighbouring Credit Suisse (CSGN.S). This...
SWITZERLAND: The Swiss government forced rival UBS to take over ailing bank Credit Suisse for nearly $3.25 billion (£2.65 billion), far below its market value,...
SWITZERLAND: Struggling bank Credit Suisse has been rescued by its Swiss competitor UBS in a deal backed by the government.
Sunday's announcement followed a weekend...
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