- UBS expects to seal Credit Suisse takeover as early as June 12Markets ·
June 5, 2023 · 4:13 PM UTC
UBS expects to complete its takeover of Credit Suisse "as early as June 12", which will create a giant Swiss bank with a balance sheet of $1.6 trillion following a government-backed rescue earlier this year.
- Aerospace & DefenseStanChart in talks to sell aviation finance unit to AviLease - Bloomberg News
AviLease, a jet lessor owned by Saudi Arabia's Public Investment Fund (PIF), is said to be in advanced talks to buy Standard Chartered's aviation finance business in a deal which could be valued at 3.5 billion euros ($3.75 billion), Bloomberg News reported on Monday.
- WorldAustrian banker loses fight against extradition to U.S. on Odebrecht charges
The former chief executive of an Austrian bank can be extradited to the United States in relation to a bribery and money laundering conspiracy involving Brazilian construction company Odebrecht, a London court ruled on Monday.