{
American Express Company

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}
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ubs acquires credit card portfolios from swisscard with no changes for holders

UBS will take over the credit card portfolios from Credit Suisse, with no changes for existing cardholders. Swisscard will continue to issue cards under American Express, Mastercard, and Visa licenses. UBS remains committed to its credit card business despite operational incompatibilities.
investrends.ch
United States Dollar Swiss Franc UBS SA Visa Inc. Mastercard Incorporated American Express Company Credit Suisse Anlagestiftung CHE CHN Show more
TradFi, Market Report
06:34 21.10.2024

ubs sells stake in swisscard to american express amid business streamlining

UBS is selling its 50 percent stake in Swisscard to American Express as part of its ongoing business streamlining following the integration of Credit Suisse. Customers will see no immediate changes, with card usage continuing as usual until new cards are issued in early 2025. After the sale, American Express will become the sole owner of Swisscard, which will manage all card portfolios under its licenses.
finews.com
United States Dollar Swiss Franc UBS SA American Express Company Credit Suisse Anlagestiftung Mastercard Incorporated Visa Inc. CHE Show more
Finance & Economy, Press Release
05:56 21.10.2024

DAX poised for record high amid ECB meeting and US earnings season

The DAX is nearing record highs as the ECB meeting and US earnings season approach. Key events include the ZEW index release, with expectations of an increase, and potential ECB rate cuts. US retail sales and unemployment claims will also be closely monitored, alongside significant data from China and major US bank earnings reports.
IG
Euro Chinese Yuan United States Dollar The Goldman Sachs Group, Inc. The Procter & Gamble Company American Express Company Bank of America Corporation Morgan Stanley Citigroup Inc. DEU CHN USA American Express Netflix Morgan Stanley Procter & Gamble Christine Lagarde Show more
TradFi, Market Report
14:18 14.10.2024
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