Acquiring Company
UBS India
Acquired Company
Credit Suisse
Description
UBS Group AG has announced the completion of the merger with Credit Suisse AG. As a result, Credit Suisse AG was deregistered in the Commercial Register of the Canton of Zurich, and UBS AG will take over all its business activities. The merger marks a significant milestone in UBS's integration journey and is critical in facilitating the migration of clients onto UBS platforms.
Quick answer
UBS India is acquiring Credit Suisse, announced May 31, 2024.
- How much did UBS India pay for Credit Suisse?
- The deal value was not disclosed.
- What does UBS India do?
- UBS India is the Indian arm of UBS Group AG, a global wealth management and investment bank.
- Where are UBS India and Credit Suisse based?
- Credit Suisse is based in Zurich, Zurich, Switzerland.
- Who are the decision-makers at UBS India?
- Fundz holds 3 contacts at UBS India. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Access Bank solidifies its presence in East Africa with acquisition of African Banking Corporation of Tanzania (ABCT) Limited (June 11, 2024)
- National Bankshares, Inc. completes acquisition of Frontier Community Bank to expand its presence in the region (June 3, 2024)
- Atlantic Union Bank completes integration of American National Bank and Trust Company (May 28, 2024)
- Hope Bancorp to merge with Territorial Bancorp to create largest regional bank for multi-ethnic customers (April 29, 2024)
Who to call at UBS India, and when
When UBS India changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day UBS India raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at UBS India, from your own LinkedIn network
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Fundz sees it the moment UBS India makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Credit Suisse?
Credit Suisse was acquired by UBS India. The deal was reported on May 31, 2024. UBS India is the Indian arm of UBS Group AG, a global wealth management and investment bank. They cater to high-net-worth individuals with a range of financial services including investment management and advisory. UBS India is privately held and operates in Financial Services.
When did UBS India acquire Credit Suisse?
UBS India's acquisition of Credit Suisse was reported on May 31, 2024. UBS Group AG has announced the completion of the merger with Credit Suisse AG. As a result, Credit Suisse AG was deregistered in the Commercial Register of the Canton of Zurich, and UBS AG will take over all its business activities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Credit Suisse do?
Credit Suisse Asset Management is part of the Asset Management division of Credit Suisse Group. Asset Management manages assets worth over CHF 411.3 bn worldwide (as of September 30, 2022). It is publicly traded (GLDI), operating in Financial Services, and is based in Zurich.
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