UBS feels no pressure to merge

Article Abstract:

UBS AG chief executive officer Marcel Ospel said that his company is not being pressured to become involved in the expected series of cross-border European banking mergers. UBS was created in 1998 from the merger of Union Bank of Switzerland and Swiss Bank Corp. The banking industry in Europe is expected to see rapid restructuring and greater consolidation with mergers across borders.

Comment:

CEO Marcel Ospel said co not being pressured to become involved in expected series of cross-border European banking mergers

Commercial Banks, Commercial Banking, Banking industry, Abstract, UBS AG

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Federal case

Article Abstract:

Chief executive officer Jens Alder tries to convince the Swiss government to sell its controlling stake in Swisscom AG so the company can form an alliance in the future.

Telecommunications, Telephone Communication, Telecommunications services industry, Telecommunications industry, Brief Article, Acquisitions and mergers, Swisscom AG, Alder, Jens

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Sulzer calls off a restructuring

Article Abstract:

Sulzer AG has decided to end plans for a corporate restructuring. The plan was cancelled due to pressure from both local and US institutional investors.

Medical Instruments and Supplies, Medical Instruments & Equipment, Medical Equipment and Supplies Manufacturing, Management, Medical equipment, Medical equipment and supplies industry, Medical equipment industry, Sulzer AG

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