-
BNP Weighing Up to 150 Job Cuts in Geneva to Slash Costs
03 May 2024 18:37 GMT
… has more than 1,000 employees in Switzerland across Geneva, Zurich … that Barclays Plc started culling employees in global markets, investment banking … Switzerland following the takeover of Credit Suisse by UBS Group AG, and …
-
UBS’s Swiss rivals hope Credit Suisse hires will win wealthy clients
22 Apr 2024 16:58 GMT
… ,000 fewer employees than UBS and Credit Suisse’s combined … .
“The collapse of Credit Suisse unleashed an extraordinary race … hired around 190 former Credit Suisse relationship managers last year, … to June 2023.
Before Credit Suisse collapsed, wealthy clients …
-
UBS plans fresh cuts amid Credit Suisse integration: report
18 Apr 2024 18:01 GMT
… streamline its workforce after acquiring Credit Suisse, Bloomberg reported Wednesday.
The upcoming … headcount to approximately 120,000 employees. Last June, the lender announced … announced last week that its employee reduction tied to its reorganization …
-
UBS plans next round of job cuts across units after Credit Suisse takeover
18 Apr 2024 02:49 GMT
… The emergency acquisition of Credit Suisse resulted in a … to about 120,000 employees. This impending layoff marks … displayed limited interest in Credit Suisse's investment … integration and restructuring of Credit Suisse. Chairman Colm Kelleher cautioned …
-
UBS SuMi To Acquire Credit Suisse's Japanese Wealth Arm
10 Apr 2024 23:46 GMT
… in Japan will acquire Credit Suisse’s wealth
management … will bring Credit Suisse
Securities Japan unit’s employees and clients’ … to clients held by
Credit Suisse Securities, possibly making some … swapping its holding in Credit Suisse’s
onshore securities …
-
UBS to acquire Credit Suisse’s Japan wealth management business in JV deal
10 Apr 2024 12:31 GMT
UBS is to acquire Credit Suisse’s Japan wealth … the wealth management business of Credit Suisse Securities (Japan), according to … assets as well as employees of the Credit Suisse unit, including client … of UBS AG and Credit Suisse AG which is expected …
-
UBS Tries to Reverse Credit Suisse Judgment in Singapore
10 Apr 2024 11:39 GMT
… on the appeal remains outstanding.
Credit Suisse has also appealed the decision … . Instead, Ivanishvili and other former Credit Suisse clients impacted by Lescaudron held … Credit Suisse subsidiary in Singapore have indicated to the court that bank employees …
-
Singapore court’s verdict was wrong; Credit Suisse unit did ‘incompetent best’ for client: lawyer
09 Apr 2024 03:05 GMT
… , the lead lawyer for Credit Suisse Trust told a Singapore court … . Since the litigation began, Credit Suisse has been taken over by … , used the analogy of employees guarding a vault being confronted … Lee argued the trust’s employees were acting in good faith …
-
UBS SuMi to Acquire Credit Suisse’s Wealth Business in Japan
08 Apr 2024 07:18 GMT
… Co. will absorb Credit Suisse Securities Japan unit’s employees and clients’ assets … , which completed the acquisition of Credit Suisse last year, provides wealth management … applied to clients held by Credit Suisse Securities, according to people familiar …
-
Nike will sack over 700 employees at Oregon Headquarters
20 Apr 2024 12:02 GMT
… layoffs to sack nearly 740 employees. On Friday, the company … workforce of approximately 83,700 employees. This strategic move is … workforce post the acquisition of Credit Suisse.
The reductions are expected … workforce by 5,000 employees. The layoff will impact …