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UBS sells its 50% stake in Swisscard
UBS sells its 50% stake in Swisscard to American Express
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,
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 50 Percent Stake in Swisscard to American Express
UBS is selling its 50 percent stake in Swisscard to its joint venture partner, American Express. Swisscard announced this on Monday. The combined bank had acquired the stake last year as part of the integration of Credit Suisse. Swisscard issues American Express, Mastercard, and Visa cards to Credit Suisse customers.
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,
7h
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 ...
1d
UBS Bankers Under Pressure From Lawyers to Rethink ESG Labels
UBS Group AG is asking its bankers to rethink the way they discuss some sustainable products in public following advice from ...
2d
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 ...
2d
on MSN
UBS' Erika Najarian on Amex Q3 results: Seeing some consumer spend trends decelerate
Erika Najarian, UBS large cap banks and consumer finance analyst, joins 'Squawk Box' to discuss American Express' quarterly ...
6d
UBS Must Revise Post-Takeover Emergency Plans, Finma Says
UBS Group AG must revise its emergency planning and ensure it can be safely wound down in a crisis, taking account of the ...
5d
Swiss regulator orders UBS to strengthen emergency plans
UBS must improve its emergency plans following its takeover of Credit Suisse to ensure the bank can be wound down or sold ...
2d
Why UBS is bumping up its price target for the stock market
Earnings growth that has been broadening out, expected Federal Reserve rate cuts and an improving inflation backdrop were among the factors that UBS Global Wealth Management pointed to as it bumped up ...
17h
'UBS underweight in Indian equities vs other EMs': Sunil Tirumalai
SUNIL TIRUMALAI, head of emerging market (EM) and Asia equity strategy at UBS Securities, tells Puneet Wadhwa in an email ...
1d
on MSN
UBS sees these 29 companies as industry leaders for 2030 for using tech to disrupt
The next decade of investing looks ready to favor companies that use technology for disruption, UBS said, and it put big ...
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