Swiss banks merge to form new giant Zurich based United Bank of Switzerland
Swiss Bank Corp and Union Bank of Switzerland announce a merger creating the world’s second largest bank by assets and the largest in Europe. The deal aims to cut costs and lift profits, with about 13,000 jobs to be shed across the combined firm over three to four years.
MENTIONED IN THIS ARTICLE
Paris
Switzerland
Swiss Bank Corp
SBC
Union Bank of Switzerland
UBS
U.S
Fidelity Investments
Europe
London
Georges Blum
Zurich
United Bank of Switzerland
Japan
Bank of Tokyo-Mitsubishi
Deutsche Bank
United States
Opening Stocks Lead Early Price Movements on NYSE
NYSE early prices show activity across industries with several listings advancing. Notable names include JayNutwk, Genm, and Fort, with mixed gains and losses amid fluctuating highs and lows as traders react to initial trades.
MENTIONED IN THIS ARTICLE
New York
NYSE
ASME
wcOne
Nader presses phone firms to bill by the second
Consumer advocate Ralph Nader urged AT&T MCI and Sprint to switch to one second billing, arguing long distance firms overcharge by billions. He cited LCI International which plans second billing after the first minute. Spokesmen doubted consumer demand and savings.
MENTIONED IN THIS ARTICLE
Washington
Ralph Nader
At&t
MCI
Sprint
Nader
LCI International Inc
LCI
U.S
Robin Pence
Brad Burns
Jim McGann
TeleChoice Inc
McGann
Burns
Bills Project
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New Bank
Credit Suisse
Winterthur Swiss Insurance Co
Marisa Lopez
Winchester
Mass
Toys R Us
Puerto Rico
Vrraped
Ted Most
Burkerts
HateyDs
Nantes
Philos
Mae
mSwa
Easty Quonton
Aon Investment Securties
Aegon USA Securities, Inc
SIPC
Invacare Corp
Keycop Lear Seating
LNB Bancorp To
Lesco Inc
Limited
Mic-Am, Inc
Nordson Corp
Northam Savings
Otie Edison Pnc
Camp Parker Hannifin Rpm Inc
Royal Appliance Sherwin Wiliams Sunrse Medical
York International
Consumer Advocate
Northern Savings & Loan
Visa
Elyria
Midway Mall
College Park
North Ridgeville
Ngrthern Savings & Loan
Northernsavings Com
MR Spars
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