American Express Aktie
WKN: 850226 / ISIN: US0258161092
21.10.2024 16:59:45
|
UBS To Sell 50% Stake In Swisscard To American Express
(RTTNews) - UBS Group AG (UBS), Monday reportedly decided to sell its 50 percent stake in Swisscard to its joint venture partner American Express Co. (AXP), making the latter the sole owner of the company. The financial details of the transaction have not been disclosed.
Media reports added that Swisscard would continue to issue all other cards it issues under the American Express, Mastercard and Visa licenses. Also, it will continue its American Express business in Switzerland. The bank said that it would continue the credit card business. However, issuing credit cards in Switzerland through Swisscard did not "align with the existing operational setup and strategic priorities of UBS as legal successor to Credit Suisse."
Further, the Switzerland-based bank added that the clients with Credit Suisse-branded cards will be informed about new card issuance in the first half of 2025.
Currently, UBS's stock is trading at $32.50, down 1.01 percent on the New York Stock Exchange.

Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu UBSmehr Nachrichten
17:58 |
Börse Zürich: SPI verliert letztendlich (finanzen.at) | |
17:58 |
SIX-Handel SLI beginnt den Donnerstagshandel wenig verändert (finanzen.at) | |
17:58 |
Schwache Performance in Zürich: SMI schwächelt zum Handelsende (finanzen.at) | |
15:59 |
Freundlicher Handel: SLI am Donnerstagnachmittag stärker (finanzen.at) | |
15:59 |
Zurückhaltung in Zürich: SPI verliert nachmittags (finanzen.at) | |
15:59 |
Handel in Zürich: SMI sackt ab (finanzen.at) | |
12:27 |
SIX-Handel SMI verbucht am Donnerstagmittag Abschläge (finanzen.at) | |
12:27 |
Börse Zürich in Grün: SLI verbucht mittags Zuschläge (finanzen.at) |
Analysen zu UBSmehr Analysen
08.10.25 | UBS Buy | Deutsche Bank AG | |
07.10.25 | UBS Outperform | RBC Capital Markets | |
06.10.25 | UBS Underweight | Morgan Stanley | |
03.10.25 | UBS Underweight | Barclays Capital | |
29.09.25 | UBS Overweight | JP Morgan Chase & Co. |
Aktien in diesem Artikel
American Express Co. | 303,90 | -0,02% |
|
UBS | 32,95 | 0,80% |
|