The Business Times
business-time-50

UBS to announce on Aug 31 more milestones in Credit Suisse merger

Published Fri, Aug 11, 2023 · 02:14 PM
    • “It should be clear to all of us that we still have a lot of work ahead of us to realise the full potential value from this transaction,” according to UBS' memo to employees.
    • “It should be clear to all of us that we still have a lot of work ahead of us to realise the full potential value from this transaction,” according to UBS' memo to employees. PHOTO: REUTERS

    UBS said in a memo to employees seen by Reuters on Friday (Aug 11) that it would provide information on some more milestones it has reached in its merger with Credit Suisse as part of its second-quarter results on Aug 31.

    “It should be clear to all of us that we still have a lot of work ahead of us to realise the full potential value from this transaction,” according to the memo, which was sent as UBS said it had terminated its loss protection agreement with the Swiss government. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    UBSCredit Suisse Group

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    The Supreme Court has made bankruptcy orders against Lau Lee Sheng, Shen Xuhuai and Guo Yujia.

    Three ex-employees of Envy group join Ng Yu Zhi in bankruptcy

    From left: Pham Nhat Quan Anh, Pham Nhat Vuong, Pham Thu Huong and Pham Nhat Minh Hoang. The couple (centre) remain senior figures in Vingroup, with their children’s presence in the ecosystem growing.

    He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons

    From shy teenager to outspoken philanthropist, Chloe Tong has come a long way.

    Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose

    The government is reviewing civil servants’ property purchase transactions to address assertions made in a recently published research paper.

    Incidence of civil servants buying property near unannounced MRT stations ‘a concern’, but may not establish misconduct: PSD

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More