Mike Dargan, who has been with UBS for 7 years, and Francesca McDonagh, who joined Credit Suisse last September, will be tasked with unifying the two banks.Credit Suisse for 3 billion Swiss francs in stock and to assume up to 5 billion francs in losses, in a merger engineered by Swiss authorities.
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UBS races to seal Credit Suisse deal as soon as late April, sources sayThe Swiss authorities and UBS Group AG are racing to close the takeover of Credit Suisse Group AG within as little as a month, according to two sources with knowledge of the plans, to try to retain the lender's clients and employees. they are bailing. get out of banks now. its a corrupt system keeping everyone broke. wale the fuck up En ting er vigtig at huske Pas på dig selv, alt har en løsning Jeg ved at Du kan , jeg vil tænke på dig ønsker det bedste love You
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UBS offers retention packages to Credit Suisse Asia wealth bankers -sourcesUBS promised retention packages to wealth-management staff in Asia at Credit Suisse , two people with knowledge of the matter said, as the bank tries to stem a talent exodus after the takeover of its former Swiss rival.
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UBS offers sweeteners to Credit Suisse Asia wealth bankers to retain talent -sourcesUBS has promised retention packages to wealth management staff in Asia at Credit Suisse , two people with knowledge of the matter said, as the Swiss bank tries to stem a talent exodus after the takeover of its former rival. The Swiss are now a Banana Republic. This whole deal is an utter farce.
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UBS's Dargan and Credit Suisse's McDonagh to lead merger -newspaperThe integration team tasked with merging Switzerland's two largest banks is to be headed by UBS's chief technology officer and Credit Suisse's chief operating officer, the Tages-Anzeiger newspaper reported on Saturday. UBS now twice the size of the Swiss economy. Bit scary. The Credit Suisse zombie is dead But a monster rises instead A giant UBS Wades out of the mess Will the Swiss come to view it with dread?
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Credit Suisse rescue sends shockwaves far and wide by ViewsroomThe ailing Swiss lender was saved by UBS with a $3 bln takeover. In this Viewsroom podcast, Breakingviews columnists debate why the deal pushes up bank funding costs, how the new mega-lender affects Switzerland’s financial system, and why bank deposits are becoming less reliable. Breakingviews peter_tl LJucca Unmack1 aimeedonnellan More people are familiar with CS than with UBS. Media hype.... How strange.
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Explainer: Credit Suisse bondholders seek legal advice on AT1 wipe-outCredit Suisse bondholders are seeking legal advice after the Swiss regulator ordered 16 billion Swiss francs ($17.5 billion) of Additional Tier-1 (AT1) debt to be wiped out under its rescue takeover by UBS . This should be interesting
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