GENEVA — Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators in an effort to avoid further market-shaking turmoil in the ...

UBS said Monday that it has completed its takeover of embattled rival Credit Suisse in a bid to safeguard Switzerland's reputation as a global financial center and choke off market turmoil.

UBS (UBS) agreed on March 19 to buy Credit Suisse (CS) for the bargain price of 3 billion Swiss francs ($3.25 billion) in a rescue orchestrated by Swiss authorities to avert a banking sector meltdown.

UBS was already the largest private wealth manager in the world before it agreed to buy fellow Swiss bank Credit Suisse. A forced merger will now broaden UBS's already sprawling client base, but ...

UBS (UBS) and Credit Suisse rank among the 30 most important banks in the global financial system, and together they have almost $1.7 trillion in assets. Regulators applaud the takeover ...

UBS, Switzerland's largest bank, has agreed to buy rival Credit Suisse for more than $3 billion in an emergency deal to avoid turmoil stemming from the current banking crisis.

UBS and the Swiss government have agreed on how they will share losses linked to the bank’s emergency takeover of Credit Suisse, which will create a giant Swiss bank. The agreement clears the ...

ZURICH, May 9 (Reuters) - UBS Group (UBSG.S) said on Tuesday that Credit Suisse CEO Ulrich Koerner will stay on after the takeover of its Swiss rival as part of a new leadership team of the ...

UBS executives sought to assure investors on Wednesday that Switzerland's largest bank can make its unexpected takeover of Swiss rival Credit Suisse work and pay off for its shareholders.

Swiss President Alain Berset said banking giant UBS is acquiring its smaller rival Credit Suisse for almost $3.25 billion in an effort to avoid further market-shaking turmoil in global banking. The… ...