Trump proposed a 10% cap on credit card interest, sending financial stocks tumbling on Monday. UBS said the plan would have unintended negative effects. Rather than offer cheaper credit cards, many ...
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 ...
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ZURICH, Oct 21 (Reuters) - UBS (UBSG.S), opens new tab 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 ...
Swiss banking giant UBS Group (UBS) has announced that it is selling its 50% stake in credit card provider Swisscard to American Express (AXP). UBS had inherited the stake in Swisscard through its ...
President Donald Trump's idea to cap credit card interest could have far-reaching unintended consequences, UBS said on Monday. On Friday, Trump posted on Truth Social that he was calling for a ...
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