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UBS to Sell Stake in Swisscard
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 bank's 50% stake in credit card provider Swisscard. UBS will sell its 50% holding in the company to its joint venture partner American Express, Swisscard said in a statement.
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)
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 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
American Express to become sole owner of Swisscard as UBS sells its 50% stake
UBS is divesting a portion of the Credit Suisse business it acquired last year by selling the fallen bank’s 50% stake in credit card provider Swisscard. According to a statement from Swisscard, UBS will transfer its 50% ownership in the company to its joint venture partner,
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.
3d
on MSN
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Wall Street Breakfast Podcast: Perplexity AI Targets $8B Valuation In New Funding
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American Express price target raised to $269 from $260 at TD Cowen
TD Cowen raised the firm’s price target on American Express (AXP) to $269 from $260 and keeps a Hold rating on the shares. The firm ...
3d
on MSN
American Express Beats Q3 Profit Forecast Despite Inflation Concerns
American Express reported stronger-than-expected third-quarter earnings, driven by consistent spending from its cardholders, ...
2d
Q3 2024 American Express Co Earnings Call
Ladies and gentlemen, thank you for standing by. Welcome to the American Express Q3 2024 earnings call. (Operator Instructions) As a reminder, today's call is being recorded. I'd now like to turn the ...
10h
UBS To Sell 50% Stake In Swisscard To American Express
Monday reportedly decided to sell its 50 percent stake in Swisscard to its joint venture partner American Express ...
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