UBS Sells 50% Stake in Swisscard to American Express, Consolidates Credit Card Business
Zurich, October 21, 2024 – UBS, as part of its ongoing efforts to streamline operations after acquiring Credit Suisse, has reached an agreement to sell its 50% stake in Swisscard, a leading Swiss credit card provider, to its joint venture partner, American Express. This strategic move marks another step in UBS’s divestment of certain Credit […]
