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UBS names South Korea, India, others as 'slow' on Credit Suisse approval | Business News

UBS has identified at least four countries, including South Korea and India, as being "slow" to grant the regulatory approvals needed to complete its takeover of Credit Suisse, an internal document reviewed by Reuters shows. ....

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RBI allows UBS-acquired Credit Suisse to retain Indian banking license

The Reserve Bank of India has allowed UBS to retain the banking license of Credit Suisse in India, as UBS plans to cut over half of Credit Suisse s workforce. UBS also has yet to decide on the future of the Swiss domestic business it acquired from Credit Suisse. ....

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