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  • Reuters

    New UBS CEO plays down concerns over size of Swiss bank combination

    Incoming UBS Chief Executive Sergio Ermotti has sought to ease worries about the size of the new bank being created by its takeover of Credit Suisse. Critics have voiced concern about the forced deal, designed to help secure financial stability globally during a period of turmoil, which will create a new Swiss bank with $1.6 trillion in assets and more than 120,000 staff. "Even putting UBS and Credit Suisse together, we won't be at the top of the classification for international banks in terms of size," Ermotti said in an interview with Italian business daily Il Sole 24 Ore.

  • PR Newswire


    Building on 2022's best-ever market share achievement, Kia America opened 2023 with a record first quarter of 184,136 units, a 15-percent increase over the previous high set in 2021.

  • Simply Wall St.

    Medica Group's (LON:MGP) Shareholders Will Receive A Bigger Dividend Than Last Year

    Medica Group Plc's ( LON:MGP ) periodic dividend will be increasing on the 21st of July to £0.0188, with investors...