UBS Group AG's joint venture in Japan, in collaboration with SuMi TRUST Wealth Management Co, is set to acquire Credit Suisse's wealth management business in Japan, following UBS's acquisition of Credit Suisse last year. This move comes as UBS faces scrutiny under Switzerland's 'too big to fail' regulations, with the Swiss government preparing to introduce proposals this month aimed at safeguarding the country from the risks posed by large financial institutions. The acquisition and regulatory developments follow UBS's rescue of Credit Suisse, which has placed the bank under the spotlight regarding how Switzerland will protect itself against the potential failure of its major banks.
UBS is in talks to attain full ownership of its China platform by swapping its holding in Credit Suisse’s onshore securities venture with a Beijing government investment fund, sources say https://t.co/uEHzFC8MfD via @markets #Switzerland
UBS is in talks to attain full ownership of its China platform by swapping its holding in Credit Suisse’s onshore securities venture with a Beijing government investment fund, sources say https://t.co/kS8sTVwoPT
UBS on the brink of Switzerland’s ‘too big to fail’ reckoning https://t.co/Tjm4W76DI8
UBS Group AG’s joint venture firm in Japan will acquire Credit Suisse’s wealth management business in the country, according to people familiar with the matter, following the lender’s takeover of its smaller Swiss rival last year. https://t.co/eayHyO0nsU @business #Switzerland
Since UBS rescued its stricken rival Credit Suisse a year ago, it has been waiting to hear how authorities will protect Switzerland from the risk of the country's only remaining big bank also imploding. It is about to find out https://t.co/jKEv9ix9ew
Since UBS rescued its stricken rival Credit Suisse a year ago, it has been waiting to hear how authorities will protect Switzerland from the risk of the country's only remaining big bank also imploding. It is about to find out. More here: https://t.co/fiXYed0wA2
Swiss government's 'too big to fail' proposals loom for UBS https://t.co/4yLMoxQfU0 https://t.co/5itUqLyIWi
⚠️ UBS JV TO ACQUIRE CREDIT SUISSE JAPAN WEALTH MANAGEMENT BUSINESS Full Story → https://t.co/N5zLcwpPsw UBS said on Monday its Japanese wealth management joint venture with SuMi TRUST Wealth Management Co, will acquire Credit Suisse's wealth management business in Japan…
UBS on the brink of Switzerland's 'too big to fail' reckoning https://t.co/Cp95RRPnIQ https://t.co/KyvcGOCirJ
⚠️ FACTBOX-SWISS GOVERNMENT'S 'TOO BIG TO FAIL' PROPOSALS LOOM FOR UBS Full Story → https://t.co/OqxAzFa5oR The Swiss government will this month present proposals aimed at protecting the country against the risk of banks deemed "too big to fail" in response to UBS's emergence… https://t.co/JUty56IfxE
⚠️ UBS ON THE BRINK OF SWITZERLAND'S 'TOO BIG TO FAIL' RECKONING Full Story → https://t.co/OYNFr02SHb Since UBS rescued its stricken rival Credit Suisse a year ago, it has been waiting to hear how authorities will protect Switzerland from the risk of the country's only… https://t.co/irHpVVF3B1
UBS Group AG’s joint venture firm in Japan will acquire Credit Suisse’s wealth management business in the country, according to people familiar with the matter, following the lender’s takeover of its smaller Swiss rival last year. https://t.co/TBRe2OwiY3
UBS CEO says integrating Credit Suisse will become a 'case study' for future big bank mergers https://t.co/J73AApJQNu
Switzerland is revamping its financial rulebook after Credit Suisse collapse, placing UBS into heightened scrutiny. https://t.co/OT2jxgqoxK