WEBMar 18, 2023 · Credit Suisse was thrown a $54 billion lifeline by the Swiss central bank on Thursday to shore up liquidity after a slump in its shares and bonds intensified fears about a global banking crisis...
DA:12PA:72MOZ Rank:82
UBS completes Credit Suisse takeover. Here’s what it means
WEBJun 12, 2023 · UBS agrees to buy Credit Suisse. 08:31 - Source: CNN. London CNN — UBS has finalized its emergency takeover of fallen rival Credit Suisse, creating a giant Swiss bank with nearly $1.7...
DA:62PA:23MOZ Rank:94
Global watchdog reveals tensions at heart of Credit Suisse debacle
WEBLONDON, Oct 10 (Reuters) - Global regulators defended Switzerland's move to back a rescue deal for Credit Suisse in March instead of liquidating it, in a report that exposed shortcomings of...
DA:63PA:53MOZ Rank:68
UBS plans next round of layoffs in Credit Suisse integration, …
WEB2 days ago · UBS Group is planning another round of job cuts after its takeover of Credit Suisse that is expected to affect over a hundred positions across the group's global investment bank, Bloomberg News ...
DA:69PA:39MOZ Rank:75
Biggest test of Credit Suisse rescue yet to come, says UBS
WEBNov 15, 2023 · London CNN — 2024 will be the “pivotal” year in the takeover of Credit Suisse by UBS, with the migration of IT systems presenting huge risks as the two megabanks merge operations across more...
WEBMar 19, 2023 · Credit Suisse and UBS have entered into a merger agreement on Sunday following the intervention of the Swiss Federal Department of Finance, the Swiss National Bank and the Swiss Financial Market Supervisory Authority FINMA (FINMA). UBS will be the surviving entity upon closing of the merger transaction.
DA:43PA:1MOZ Rank:84
Live updates: Credit Suisse deal, global stock market news - CNN
WEBMar 16, 2023 · Shares in Credit Suisse surged on Thursday after it agreed to a $53 billion loan from the Swiss central bank. Troubles at Switzerland's second-biggest lender have sparked fears that banking...
DA:83PA:94MOZ Rank:88
Swiss regulator defends controversial $17 billion writedown of Credit
WEBMar 23, 2023 · After its share price plunged to an all-time low last week, Credit Suisse announced that it had secured a loan of up to 50 billion Swiss francs from the Swiss National Bank, and provided...
DA:23PA:48MOZ Rank:17
Credit Suisse Unveils Sweeping Revamp to Revive Its Fortunes
WEBApr 10, 2024 · The Credit Suisse experience was one reason why “we do want to remind investors that [bank] debt is at risk and we do have a resolution process”, Gruenberg added. ... Share News Tips Securely ...
