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UBS brings back former chief to oversee Credit Suisse takeover
Sergio Ermotti, who stepped down in 2020, will rejoin Swiss bank as it prepares to absorb troubled rival

Jasper Jolly

29, Mar, 2023 @9:31 AM

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Head of Credit Suisse talks of his profound sadness over UBS takeover
Ulrich Körner acknowledges an ‘emotional and challenging week’ after emergency deal was forced through by Swiss authorities

Alex Lawson

24, Mar, 2023 @6:24 PM

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Deutsche Bank leads sell-off in European bank shares
FTSE 100 also falls amid fears another bank could slip into trouble after UBS takeover of Credit Suisse

Anna Isaac and Mark Sweney

24, Mar, 2023 @3:11 PM

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Switzerland’s national pride dealt heavy blow by the merger of its banking titans
‘A monster is born’, say local press, as Credit Suisse takeover by UBS creates bank twice the size of the Swiss economy

Philip Oltermann in Zurich

22, Mar, 2023 @9:00 AM

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Thousands of UK jobs at risk after UBS takeover of Credit Suisse
Investment banking roles expected to be worst hit at Credit Suisse in London

Anna Isaac City editor

21, Mar, 2023 @2:14 PM

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UK and US shares climb as banks and ministers aim to calm Credit Suisse fears
FTSE 100 rises and European banking shares are up after early jitters over what UBS takeover deal means for bondholders

Anna Isaac , Graeme Wearden and Mark Sweney

20, Mar, 2023 @6:35 PM

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Swiss solve one problem at Credit Suisse, but create another for bondholders | Nils Pratley
Decision over bonds rips up convention and could undermine confidence in banking system

Nils Pratley

20, Mar, 2023 @3:52 PM

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UBS agrees to takeover of stricken Credit Suisse for $3.25bn
Swiss government forces through takeover at well below market value amid fears of global banking crisis

Rob Davies, Anna Isaac and Phillip Inman

19, Mar, 2023 @7:29 PM

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Millions paid in bonuses to UK Silicon Valley Bank staff days after £1 rescue
Workers reported to have received payouts from ‘modest’ pool of £15m-£20m following takeover deal by HSBC

Jon Ungoed-Thomas

18, Mar, 2023 @7:09 PM

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Barclays and UBS face questions over Roman Abramovich’s billion-dollar trusts
Exclusive: Leak shows oligarch was a major client of Barclays in Monaco and UBS in Zurich, with at least $940m in assets held at the banks

Harry Davies and Anna Isaac

30, Jan, 2023 @8:13 AM

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US court drops Libor rate-rigging charges against ex-UBS trader
Judge dismisses case against British former trader Tom Hayes, who was jailed over interest rate scandal

Jasper Jolly

31, Oct, 2022 @12:35 PM

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UBS should be banned from doing business in PNG after loan deal, PM tells parliament
James Marape says failed deal cost country ‘in excess of $AUD340m’ and accused bank of overcharging by AUD$175m

Lyanne Togiba in Port Moresby and Ben Butler in Melbourne

22, Apr, 2022 @4:14 AM

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