State officials cancel incentives package for Credit Suisse
An incentives package was canceled after Credit Suisse failed to meet employment targets.
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UBS reports big loss but Credit Suisse unit, which has big RTP presence, is hiring
By Hanna Ziady, CNN LONDON — UBS made a hefty loss in the first full quarter since it closed a deal to rescue its stricken rival Credit Suisse, even as the bank attracted billions of dollars in new deposits from customers. [Credit Suisse has a major presence in Research Triangle Park....
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UBS (owner of Credit Suisse which has big Triangle operation) denies investigation into Russia ties
Swiss multinational investment bank UBS says it is not aware of a probe by the US Department of Justice into suspected compliance-related missteps by its subsidiary Credit Suisse that reportedly allowed Russian clients to skirt sanctions.
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UBS, parent company to Credit Suisse which has big RTP presence, announces layoffs
The bank, which has a combined global workforce of nearly 122,000, gave no further details on the numbers of likely layoffs outside of Switzerland in its earnings statement — the first report since it acquired its rival.
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UBS closes on takeover of Credit Suisse, which has big RTP presence and is still hiring
UBS said Monday that it has completed its takeover of embattled rival Credit Suisse, nearly three months after the Swiss government hastily arranged a rescue deal to combine the country’s two largest banks in a bid to safeguard Switzerland’s reputation as a global financial center and choke off market turmoil.
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Takeover of Credit Suisse, which has big Triangle tech center, by UBS nears
Switzerland’s UBS said Monday that it expects to complete its takeover of longtime rival Credit Suisse as early as next week. Here are the details.
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Credit Suisse, which has big NC presence, to operate separately from UBS
UBS said Tuesday it’s bringing the CEO of Credit Suisse on to its executive board and will keep the two banks operating separately “for the foreseeable future” as it moves forward with a high-profile merger expected to close within two weeks.
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Credit Suisse depositors are draining billions from accounts ahead of UBS takeover
Credit Suisse bled customer deposits worth 67 billion Swiss francs ($75.2 billion) in the first three months of the year, and money is still leaving the bank as UBS races to complete a rescue of its stricken rival. So says the bank in its latest financial update.
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Investors sue Swiss regulators over Credit Suisse-UBS merger
A group of Credit Suisse investors have sued Swiss financial regulators after a government-engineered takeover of the struggling bank by rival UBS left them with billions in losses.
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