invezz on MSN1mon
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 ...
MarketWatch1mon
UBS to Sell Stake in Swisscard to American Express
UBS Group is selling a 50% stake in credit-card joint venture Swisscard it inherited from Credit Suisse to partner American Express for an undisclosed sum. The deal will make American Express the ...
Financial Planning5d
UBS to cut base pay for low-end producers — and some high-end
UBS is reducing its base compensation for its low-end producers while making more modest cuts higher up the income-generation scale. UBS is reducing pay substantially for sub-$750K producers and ...
Reuters8d
UBS boss Ermotti flags Credit Suisse client migration challenge
ZURICH, Nov 18 (Reuters) - UBS CEO Sergio Ermotti said on Monday that moving Credit Suisse clients in Switzerland onto the bank's own platform from next year promises to be the main challenge of ...