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Breakings ·  13:30

- UBS Ubsg.s Is Offloading Part of the Credit Suisse Business It Acquired Last Year With a Deal to Sell the Fallen Bank's 50% Stake in Credit Card Provider Swisscard.

UBS Will Sell Its 50% Holding in the Company to Its Joint Venture Partner American Express Axp.n, Swisscard Said in a Statement.

Terms of the Deal Were Not Disclosed.


(Reporting by John Revill, Editing by Miranda Murray)

((John.revill@Thomsonreuters.com; +41 41 528 36 37; Reuters Messaging: John.revill.thomsonreuters.com@Reuters.net))

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