Utah Master Agreement between Credit Suisse Financial Products and Bank One National Association
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How to fill out Master Agreement Between Credit Suisse Financial Products And Bank One National Association?
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FAQ
What were the scandals? Many banks attract regulatory censure from time to time. But in recent years, Credit Suisse and its employees have been investigated, fined, made settlements and even been imprisoned for various money laundering, corruption, tax evasion and even corporate espionage scandals.
Credit Suisse shares were removed from the stock exchange in June and exchanged for UBS shares. There was one new UBS share for 22.48 Credit Suisse shares.
As a result of biggest banking deal since 2008 crisis, UBS will oversee $5 trillion in assets, giving it the lead position in key markets.
One Bank Collaboration (OBC) is all about having an established network of colleagues who have the trust in each other to execute and deliver the right solutions to the bank's clients. Through this strategy, Credit Suisse generates creative solutions and enables stronger client relationships.
Switzerland's largest bank was in March strong-armed by Swiss authorities into a $3.25-billion takeover of Credit Suisse, to keep its closest domestic rival from going under. At the time, investors gasped at the risks UBS was taking on with the purchase.
Credit Suisse scored higher in 7 areas: Overall Rating, Culture and Values, Diversity and Inclusion, Work-life balance, Senior Management, Compensation & Benefits and Career Opportunities. UBS scored higher in 3 areas: CEO Approval, Recommend to a friend and Positive Business Outlook.
Ultimately the deal promises to give UBS a leading position in key markets it would otherwise have needed years to grow in size and reach. "UBS got Credit Suisse for practically nothing, so ingly the deal will work out for them," another investor told Reuters.