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UBS Sells Credit Suisse's Stake in Swisscard
UBS Sells Credit Suisse's Stake in Swisscard to American Express
UBS Divests Swisscard Stake to American Express UBS has announced the sale of its 50% stake in Swisscard, a credit card provider, to its joint venture partner, American Express. This strategic decision follows
UBS sells 50% interest in Swisscard to Amex - report
UBS (UBS) announced the sale of its 50% stake in Swisscard to its joint venture partner American Express (AXP)
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 sole owner of the business, Swisscard said Monday. Credit Suisse and American Express established Swisscard as a joint venture in 1998.
American Express to become sole owner of Swisscard as UBS sells its 50% stake
UBS sells its 50% stake in Swisscard to American Express, transferring Credit Suisse cardholders to its platform by 2025. Amex becomes sole owner of Swisscard as UBS refines its post-acquisition strategy.
22h
Swiss finish would take shine off UBS’s M&A gift
Was UBS’s Credit Suisse acquisition the “deal of the century”? That phrase, coined by a Swiss lawmaker last year, sums up the ...
1d
UBS Sells Its 50% Stake in Swisscard to American Express
ZURICH (Reuters) - UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen ...
5d
Debt Swaps Created by Credit Suisse Find Favor on Wall Street
In a niche corner of global debt markets, a product first structured three years ago by a group of Credit Suisse bankers is ...
6d
What about me? UBS, Credit Suisse tech integration misfires with advisers
Street Talk understands wealth advisers are fired up about a global edict that will keep them wedded to the Credit Suisse ...
1d
Wall Street Breakfast Podcast: Perplexity AI Targets $8B Valuation In New Funding
AI search startup Perplexity aims for $8B valuation in new round. UBS sells 50% interest in Swisscard to Amex - report.
Spear's Magazine
11d
Meltdown: A thorough analysis of the rise and turbulent fall of Credit Suisse
The chequered 167-year history of Credit Suisse is deftly analysed in this new release, says Martin Vander Weyer.
Pensions&Investments
12d
Apollo’s bet on private credit hit snags before Atlas CEO’s exit
The deal had all the hallmarks of Wall Street’s inevitable power shift: Apollo Global Management Inc., king of the rising non ...
chronicle.lu
1d
UBS Completes Merger of Credit Suisse Luxembourg into UBS Europe SE
On Monday 21 October 2024, UBS Europe SE, Luxembourg Branch announced that it has completed the integration of... }} ...
3d
on MSN
UBS launches its experiential "House of Craft" campaign in New York as Credit Suisse integration continues
UBS's "House of Craft" campaign, which highlights artisanship, is the bank's first experiential brand initiative since its ...
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UBS
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