{
}
UBS's acquisition of Credit Suisse has raised concerns about its dominance in the Swiss banking market, prompting discussions among regulatory authorities, including the Price Supervisor and the Competition Commission. Complaints from the public and businesses regarding potential negative impacts on competition were addressed, although no formal agreements were reached. The authorities emphasized the need for ongoing communication, particularly regarding credit interest rates, while deciding to postpone a proposed Memorandum of Understanding.
On October 17, 2024, RTS announced 19 layoffs as part of its 2025 savings plan. In other news, former One Direction frontman Liam Payne tragically died at 31 after falling from a hotel. Additionally, Switzerland will provide three demining vehicles to Ukraine, and UBS has been instructed by FINMA to revise its contingency plans following the Credit Suisse crisis.
Liam Payne
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
concerns rise over ubss dominance after credit suisse acquisition
Euro
United States Dollar
Credit Suisse Anlagestiftung
Nestlé S.A.
UBS SA
GEO
UKR
RUS
ISR
CHN
CHE
GBR
Laurent Freixe
Viola Amherd
Stefan Meierhans
Yahya Sinwar
Liam Payne
Show more
10:18 18.10.2024
layoffs announced at rts as part of 2025 savings plan
Credit Suisse Anlagestiftung
Nestlé S.A.
UBS SA
UKR
CHE
RUS
GEO
Sergio Ermotti
Laurent Freixe
Viola Amherd
Liam Payne
Show more
10:17 15.10.2024
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Industry Mergers & Acquisitions
Finance Mergers & Acquisitions
Banking Regulations
Global Financial Events
Global Trade Developments
Retail and Consumer Goods
Domestic Politics
CEO Changes
Central Bank Actions
Market Analysis and Predictions
Startups & Entrepreneurship
Workplace Trends
Government Policies
Elections & Campaigns
Government Economic Policies
Inflation and Monetary Impact
Supply Chain Management
Countries:
Companies:
Tesla, Inc.
JPMorgan Chase & Co.
Barclays PLC
Deutsche Bank Money Market PP
Apple Inc.
UniCredit S.p.A.
Banco BPM S.p.A.
Credit Suisse Strategic Income I
Lloyds Banking Group plc
BNP Paribas SA
UBS Group AG
The Goldman Sachs Group, Inc.
CREDIT AGRICOLE
Banco Santander, S.A.
Amazon.com, Inc.
SpaceXCoin USD
Credit Agricole
Berkshire Hathaway Inc.
Reinsurance Group of America, Incorporated
Google Inc.
Currencies:
United States Dollar
Euro
British Pound Sterling
Swiss Franc
Chinese Yuan
Indian Rupee
Japanese Yen
South Korean Won
Canadian Dollar
Australian Dollar
Offshore Chinese Yuan
Hong Kong Dollar
Singapore Dollar
Mexican Peso
Vietnamese Đồng
Norwegian Krone
Filipino Peso
Indonesian Rupiah
New Zealand Dollar
Thai Baht
People: