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UBS Expects to Close Credit Suisse Merger by Next Monday

UBS Expects to Close Credit Suisse Merger by Next Monday
UBS Group said on Monday it is expecting to close the acquisition of rival Credit Suisse Group as 'as early as 12 June,' which will create a Swiss banking giant with a balance sheet of $1.6 trillion. UBS and Credit Suisse Merger "UBS expects to complete the acquisition of Credit Suisse as early as 12 June 2023. At that time, Credit Suisse Group AG will be merged into UBS Group AG," an official announcement on Monday stated. "Completion is subject to the registration statement, which covers shar... Read More
Posted: Jun 5 2023, 06:49
Author Name: financemagnates
Views: 102424

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