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Parliament on Thursday voted to empower special commission of inquiry into downfall of bank
Pushing second-quarter results until the end of August would buy the bank time to work through complex takeover
Accounting rules mean mergers would lead to assets being revalued at significantly lower levels
Swiss bank contested regulator’s justification for wiping out $17bn of bonds
If at first you don’t succeed . . .
To deploy an accounting cherry attractively, you first need a cake to put it on
Swiss bank expects asset writedowns and litigation provisions to total $17bn
Decision on Swiss domestic unit expected within months
Credit Suisse chief Ulrich Körner to join UBS’s executive board as part of shake-up
Chief executive Sergio Ermotti is betting on them to help make the rescue deal work
Examples of innovative services and advice developed by legal teams in Asia-Pacific
Law firm Pallas says Finma had no authority to issue emergency ordinance
Forced purchase of struggling Swiss peer enables the bank to move closer to US rival in valuation
Swiss lender attracted $28bn of new money as clients moved accounts from rival - but integration risk still high
Clients pulled SFr61.2bn ($68.6bn) of assets from Credit Suisse in the first quarter
*drumroll*
Results expose scale of task for UBS after state-orchestrated rescue to take over Swiss rival
The bank’s exchange traded funds suffered €2bn in outflows in March, more than any other issuer in Europe
A spin-off might appeal to some politicians but domestic arm is both profitable and a feeder for UBS’s wealth management business
MPs oppose SFr109bn government-backed package underpinning UBS’s takeover of rival
Two weeks after Switzerland forced together its two biggest banks, investors had the opportunity to voice their concerns
Executive team will lose outstanding variable pay entirely following lender’s rescue by UBS
Chair Colm Kelleher warns of ‘significant execution risks’ in emergency takeover
Plus, L’Oréal agrees its biggest deal ever and Jamie Dimon’s JPMorgan finds itself in multiple courtroom dramas
Executives had been braced for protests from Swiss citizens outraged at UBS takeover
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