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 ...
UBS has rolled out a blockchain-based digital currency system ... warranty or guarantee, whether express or implied as to its ...
What Happened: UBS is divesting its half-share in Swisscard to American Express, as per Reuters on Monday. This decision aligns with UBS’s strategic shift following its acquisition of Credit Suisse.
(RTTNews) - UBS Group AG (UBS), Monday reportedly decided to sell its 50 percent stake in Swisscard to its joint venture partner American Express Co. (AXP), making the latter the sole owner of the ...
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 ...