Ubs

Credit Suisse's senior bonds have been trading up in advance of its shotgun marriage to UBS

The government guarantee is seen as one of the final hurdles to completing the landmark merger between the Swiss lenders

UBS agreed to acquire Credit Suisse for $3.25bn in March

Senior dealmakers have been quitting Credit Suisse in droves since its takeover by UBS

The French bank is bulking up its dealmaking team in the US

Panel rules credit default swaps will not be triggered for AT1 holders that were zeroed after landmark takeover

UBS expects to book a $34.8bn gain on negative goodwill, which is when a company acquires assets for less than their worth

UBS has largely stuck with its own management team for top jobs

Credit Suisse has seen a stream of senior exits since it announced a takeover by rival UBS

The UK lender saw an increase in dealmaking fees and trading revenue during the first quarter

UBS views the Credit Suisse acquisition as a way to bolster its investment bank, but it needs to act fast

Moelis has nearly doubled the size of its technology team with the new hires

Salvatore 'Chicco' Di Stasi's appointment at UniCredit is effective from 1 June

In its investment bank, pre-tax profit declined by 49% to $477m, as both investment banking fees and trading income declined

Bluhm will remain in his role and on UBS's group executive board for the 'foreseeable future'