The EU Commission approves a merger between two Swiss based companies active in private and corporate banking and in the financial services business (Schweizerische Bankgesellschaft / Schweizerische Bankverein)

"Mergers Recent important decisions" On 4 February, 1998 the undertakings Schweizerische Bankgesellschaft (SBG) and Schweizerischer Bankverein (SBV), two Swiss based companies active in private and corporate banking and in the financial services business world wide, notified their proposal to merge their businesses into UBS AG (UBS), an entitiy which would replace SBG and SBV. The concentration has world wide scale given the fact

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Authors

  • European Commission - DG TRADE (Brussels)
  • DG COMP (Brussels)

Quotation

Geraldine Emberger, John Kemp, The EU Commission approves a merger between two Swiss based companies active in private and corporate banking and in the financial services business (Schweizerische Bankgesellschaft / Schweizerische Bankverein), 4 February 1998, e-Competitions February 1998, Art. N° 39437

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