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UBS signals more layoffs, may cut 10,000 jobs by 2027: Report

A reduction of 10,000 positions would represent roughly 9% of UBS’s global workforce.

Updated: December 7, 2025 21:03 IST

SpiceJet has completed a payment of $24 million to Credit Suisse.

SpiceJet settles $24 million Credit Suisse dispute after 10 years: What’s next?

The dispute between SpiceJet and Credit Suisse reached the Madras High Court in 2015 and the Supreme Court of India…

September 8, 2025 18:06 IST

stamp duty exemption, legal burden, Business Contracts, dispute resolution, commercial agreement, MSMEs, startups

Clear Credit Suisse dues by March 15: Supreme Court to SpiceJet

“There is no scope of belated payment. The respondent is not justified in saying so. The very fact that the…

Updated: February 20, 2024 09:20 IST

UBS restarts share buybacks, targets more cost savings from Credit Suisse takeover

The Swiss bank said it now expected $13 billion in cost savings by the end of 2026, with around half…

February 6, 2024 16:19 IST

UBS, Credit Suisse, leadership revamp, management changes, wealth unit, wealth management, appointments

UBS revamps leadership in Mideast wealth unit, Latin America

Credit Suisse’s Bruno Daher will become Christl Novakovic’s deputy for the Middle East region, among the round of management changes…

July 7, 2023 07:40 IST

UBS picks Credit Suisse’s Mihir Doshi to head combined India business

Mihir Doshi, managing director and country chief executive of Credit Suisse since 2006, will take over as the head of…

June 13, 2023 10:27 IST

UBS completes Credit Suisse takeover to become wealth management behemoth

“This is the start of a new chapter – for UBS, Switzerland as a financial centre and the global financial…

Updated: June 12, 2023 13:08 IST

UBS, Credit Suisse Group, high-risk countries, assets, bankers, balance sheet

UBS to impose risk limits on CS with deal set to close, FT says

A list consisting of almost two dozen “red lines” will prohibit Credit Suisse staff from a range of activities, a…

June 12, 2023 10:51 IST

Investment Banking, Equity Capital Markets, Government, Infrastructure, Debt, Capital Markets, markets, deals

Credit Suisse loses three more investment bankers to Banco Santander

Since the UBS merger was orchestrated by the Swiss govt in March, over a dozen Credit Suisse investment bankers have…

June 10, 2023 07:45 IST

Credit Suisse puts up China brokerage venture for sale: Sources

Sources have also said that Credit Suisse has scrapped plans to set up a locally incorporated bank in China due…

June 9, 2023 13:29 IST

UBS moves to retain more than 100 Credit Suisse Asia dealmakers

UBS Group is currently in advanced discussions to keep dozens of Credit Suisse’s senior dealmakers in the region, spanning from…

June 5, 2023 12:33 IST

Credit Suisse aborts China bank plan to avoid regulatory conflict under UBS

Credit Suisse had been planning over the last few years to set up a wholly owned local bank in China…

Updated: May 31, 2023 11:16 IST

UBS says Credit Suisse CEO Ulrich Koerner to join leadership of combined group

Announcing its leadership reshuffle, UBS also promoted Todd Tucker, now finance chief of its core asset management business to group…

Updated: May 9, 2023 14:50 IST

Credit Suisse, Silicon Valley Bank, First Republic Bank, BNP, European banks, banking turmoil, US banking sector, deposit growth, lender, repayments, interest rates

Why BNP, UniCredit and other European banks aren’t stressed out

Apart from the failure of Credit Suisse Group AG, an already troubled Swiss bank with shrinking returns, there have been…

May 9, 2023 11:54 IST

Nomura, banking sector, banking crisis, fixed income, profit, revenue, investment banking, Credit Suisse, Silicon Valley Bank, retrenchment mode

Nomura profit falls 76% as banking turmoil hits trading

Net income slid 76% from a year earlier in the three months ended March 31 to 7.4 billion yen ($55…

April 26, 2023 13:02 IST

Credit Suisse saw $69 billion of outflows in first quarter

The Swiss lender reported 47.1 billion francs of net outflows at the key wealth management unit, and said that a…

April 24, 2023 11:20 IST

UBS makes changes to buyback programme following Credit Suisse takeover

UBS said it will use some of the shares for the takeover rather than cancelling them as originally planned after…

Updated: April 18, 2023 11:22 IST

UBS weighs retaining Credit Suisse unit serving India’s rich

Credit Suisse has just over 40 wealth management employees in India, and around 7,000 people overall in the country, according…

April 12, 2023 14:42 IST

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