CNBC: UBS veteran boss Ermotti may have pulled off the deal of the decade with the Credit Suisse rescue.UBS agreed to buy its embattled rival Credit Suisse. UBS′ announcement of faster progress on cost savings also pleased investors. The bank now expects to reach $7 billion in cost savings in 2024. - Sky-Tide Media

CNBC: UBS veteran boss Ermotti may have pulled off the deal of the decade with the Credit Suisse rescue.UBS agreed to buy its embattled rival Credit Suisse. UBS′ announcement of faster progress on cost savings also pleased investors. The bank now expects to reach $7 billion in cost savings in 2024.

August 26, 2024

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