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UBS Sells Credit Suisse's Stake in Swisscard
American Express to become sole owner of Swisscard as UBS sells its 50% stake
UBS is divesting a portion of the Credit Suisse business it acquired last year by selling the fallen bank’s 50% stake in credit card provider Swisscard. According to a statement from Swisscard, UBS will transfer its 50% ownership in the company to its joint venture partner,
UBS sells 50% interest in Swisscard to Amex - report
UBS (UBS) announced the sale of its 50% stake in Swisscard to its joint venture partner American Express (AXP)
UBS Sells Credit Suisse's Stake in Swisscard to American Express
UBS Divests Swisscard Stake to American Express UBS has announced the sale of its 50% stake in Swisscard, a credit card provider, to its joint venture partner, American Express. This strategic decision follows
UBS Sells Its 50% Stake in Swisscard to American Express
ZURICH (Reuters) - UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank's 50% stake in credit card provider Swisscard. UBS will sell its 50% holding in the company to its joint venture partner American Express, Swisscard said in a statement.
Perplexity AI Targets $8B Valuation In New Funding
Wall Street Breakfast Podcast: Perplexity AI Targets $8B Valuation In New Funding
AI search startup Perplexity aims for $8B valuation in new round. UBS sells 50% interest in Swisscard to Amex - report. Activist investor Starboard takes stake in Kenvue.
AI search start-up Perplexity targets $8bn valuation in fourth financing round this year
Investor frenzy over artificial intelligence continues after OpenAI valued at $150bn in latest fundraising
Perplexity is reportedly looking to fundraise at an $8B valuation
AI search engine Perplexity is in fundraising talks and hopes to raise around $500 million at an $8 billion valuation, according to the Wall Street Journal. If a deal happens with those terms, it would more than double Perplexity’s valuation from its $3 billion valuation when it raised from SoftBank over the summer.
10h
Swiss finish would take shine off UBS’s M&A gift
Was UBS’s Credit Suisse acquisition the “deal of the century”? That phrase, coined by a Swiss lawmaker last year, sums up the ...
2d
on MSN
UBS launches its experiential "House of Craft" campaign in New York as Credit Suisse integration continues
UBS's "House of Craft" campaign, which highlights artisanship, is the bank's first experiential brand initiative since its ...
4d
Debt Swaps Created by Credit Suisse Find Favor on Wall Street
In a niche corner of global debt markets, a product first structured three years ago by a group of Credit Suisse bankers is ...
Reuters on MSN
9h
Car parts supplier Forvia posts slightly lower Q3 sales
Sales for the third-quarter reached 6.53 billion euros ($7.09 billion), a 2.6% decrease year-on-year. UBS is offloading part ...
5d
What about me? UBS, Credit Suisse tech integration misfires with advisers
Street Talk understands wealth advisers are fired up about a global edict that will keep them wedded to the Credit Suisse ...
chronicle.lu
6h
UBS Completes Merger of Credit Suisse Luxembourg into UBS Europe SE
On Monday 21 October 2024, UBS Europe SE, Luxembourg Branch announced that it has completed the integration of... }} ...
2m
UBS To Sell 50% Stake In Swisscard To American Express
Monday reportedly decided to sell its 50 percent stake in Swisscard to its joint venture partner American Express ...
2d
SLVO: Don't Blow This Bull Run On Covered Calls
Silver's fundamentals look strong, but I'm bearish on Credit Suisse X-Links Silver Shares. See more on SLVO ETF's long-term ...
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