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 ...
Business Insider1mon
UBS to sell 50% stake in Swisscard to American Express, Reuters reports
UBS (UBS) will sell the 50% stake in credit card provider Swisscard it acquired last year to joint venture partner American Express (AXP), Reuters reports. Terms of the deal have not been not ...
Nasdaq1mon
UBS (NYSE:UBS) Sells Stake in ‘Swisscard’ to American Express
Swiss banking giant UBS Group (UBS) has announced that it is selling its 50% stake in credit card provider Swisscard to American Express (AXP). UBS had inherited the stake in Swisscard through its ...
Financial Planning8d
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 ...
UBS flags 'sluggish' Europe growth as it takes $170 mln credit hit
UBS CFO Todd Tuckner said on Thursday that weak economic growth in Europe has hit companies as he revealed the bank faced a ...