UBS to Sell Stake in Swisscard
American Express To Become Sole Owner Of Swisscard As UBS Sells Its 50% Stake
American Express Company (NYSE:AXP) is poised to become the sole owner of Swisscard after UBS Group AG (NYSE:UBS) announced plans to sell its 50% stake. This comes just days after American Express reported mixed third-quarter results,
American Express to take over UBS’s stake in Swisscard
American Express (AmEx) is to acquire UBS's 50% stake in credit card provider Swisscard, which the two groups currently hold in equal shares.
UBS sells 50% interest in Swisscard to Amex - report
UBS (UBS) announced the sale of its 50% stake in Swisscard to its joint venture partner American Express (AXP)
UBS to Sell Stake in Swisscard to American Express
UBS Group is selling a 50% stake in credit-card joint venture Swisscard it inherited from Credit Suisse to partner American Express for an undisclosed sum. The deal will make American Express the sole owner of the business, Swisscard said Monday. Credit Suisse and American Express established Swisscard as a joint venture in 1998.
UBS Sells Credit Suisse's Stake in Swisscard to American Express
UBS Divests Swisscard Stake to American Express UBS has announced the sale of its 50% stake in Swisscard, a credit card provider, to its joint venture partner, American Express. This strategic decision follows
UBS Sells 50 Percent Stake in Swisscard to American Express
UBS is selling its 50 percent stake in Swisscard to its joint venture partner, American Express. Swisscard announced this on Monday. The combined bank had acquired the stake last year as part of the integration of Credit Suisse. Swisscard issues American Express, Mastercard, and Visa cards to Credit Suisse customers.
UBS' Erika Najarian on Amex Q3 results: Seeing some consumer spend trends decelerate
Erika Najarian, UBS large cap banks and consumer finance analyst, joins 'Squawk Box' to discuss American Express' quarterly ...
World Street | American Express earnings beat, AI giant Genesys prepares for IPO, UBS offloads Swisscard stake, and more
From Disney's management rejig to Jeff Bezos-backed Perplexity AI's fundraise plans, here's a look at some of the major developments from across the world.
Wall Street Breakfast Podcast: Perplexity AI Targets $8B Valuation In New Funding
AI search startup Perplexity aims for $8B valuation in new round. UBS sells 50% interest in Swisscard to Amex - report.
Business Insider India1mon
UBS is going head-to-head with JPMorgan and American Express by dropping a new luxury travel rewards credit card
UBS has joined the ranks of America's biggest banks vying for wealthy spenders by dropping a new luxury travel rewards credit card. Beginning May 27, the Swiss financial services company will ...
Campaigners want UBS barred from US pension market, Sueddeutsche Zeitung says
A group of campaigners wants UBS to lose its exemption from U.S. regulations that allows the Swiss bank to operate in the ...
UBS Sells Its 50% Stake in Swisscard to American Express
ZURICH (Reuters) - UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen ...