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Credit Suisse Group AG ( French pronunciation: [kʁe.di sɥis], lit. 'Swiss Credit') is a global investment bank and financial services firm founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world and provides services in investment banking, private banking, asset ...
The final deal to purchase Credit Suisse for CHF 3 billion ($3.2 billion) was accepted by the board of Credit Suisse prior to the opening of Asian financial markets on Monday morning. The acquisition was an all-stock deal, with Credit Suisse shareholders receiving 1 UBS share per 22.48 Credit Suisse shares, equivalent to CHF 0.76 per share. [1 ...
UBS expects to shed around 3,000 jobs in Switzerland to help it cut $10 billion in costs as it undertakes a sweeping overhaul following its emergency rescue of Credit Suisse earlier this year.
Thomas Gottstein. Thomas P. Gottstein, Dr oec. (born 1964) is a former Swiss bank manager. He was a member of the Group Executive Board of Credit Suisse from October 2015 to July 2022. From February 2020 to July 2022, he was Chairman of the Executive Board (Group CEO) of Credit Suisse .
UBS has reported its first quarterly profit since buying ailing rival Credit Suisse, marking a sharp turnaround from six months of losses that immediately followed the closure of the rescue deal ...
UBS. UBS Group AG [nb 1] is a multinational investment bank and financial services company founded and based in Switzerland. Headquartered in Zürich, it maintains a presence in all major financial centres as the largest Swiss banking institution and the largest private bank in the world.
Career. In 1989, Körner began his professional career as an auditor with Price Waterhouse, Zurich. From 1993 to 1998, he was a management consultant with McKinsey & Company in Zurich. Körner joined Credit Suisse as chief financial officer (CFO) for Switzerland in 1998. He then became head of technology and services in 2000, before assuming ...
He was a non-executive director of UBS from 2009 to 2015 before joining the bank full-time, and in 2016 he appointed its chief operating officer. [4] He was president of UBS Switzerland from 2018 and 2021. [4] In October 2021, Lehmann became a board member of Credit Suisse as head of its risk committee. [4]
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