Tag: SNB
Takeover completed: Credit Suisse is history – its billion-dollar risks remain
takeover completed Credit Suisse is history – its billion-dollar risks remain By Max Borowski 6/12/2023, 4:42 p.m Almost three months after the announcement of the hectic decision to take over…
SNB President ready to step up fight against inflation
Published on 06/10/2023 at 22:46 ZURICH, June 10 (Reuters) – The Swiss National Bank (SNB) is ready to raise its key rate again…
The principle of hope reigns – what did the SNB know and what not? – News
The Swiss National Bank (SNB) has decided to raise the key interest rate by a further 0.5 percentage points to 1.5 percent. In doing so, she provides the answer to…
Key interest rate raised: Swiss central bank is not deterred by the banking crisis
interest rate raised The Swiss central bank is not deterred by the banking crisis 03/23/2023 10:33 am The state-orchestrated takeover of Credit Suisse by UBS made headlines at the weekend.…
Swiss financial expert Canetg: “Banks are inherently unstable entities”
The Swiss government and central bank are trying to stop the run on Credit Suisse with huge sums of money. The Swiss economist and host of the monetary policy podcast…
Owners, creditors, taxpayers: Who has to pay the billions for the Credit Suisse rescue
Owners, creditors, taxpayers Who has to pay the billion bill for the Credit Suisse rescue By Max Borowski 03/20/2023 4:33 p.m The rescue of the major Swiss bank Credit Suisse…
Major bank merger: UBS takes over badly hit Credit Suisse
Major bank merger UBS takes over ailing Credit Suisse 03/19/2023, 7:38 p.m As the weekend progressed, it became increasingly clear that the major Swiss bank UBS was taking over its…
Up to $1 billion: Report: UBS details offer for Credit Suisse
updates Up to a billion dollars Report: UBS details offer for Credit Suisse 03/19/2023 1:46 p.m It would be the largest bank merger in Europe since the financial crisis: the…
SNB credit for Credit Suisse – Switzerland boss of CS: “Sure, 50 billion is a big number” – News
The major Swiss bank Credit Suisse (CS) is in a crisis of confidence. Experts assume that she is struggling to get loans from other banks – and that customers continue…
Swiss bank is considering purchase: UBS is in talks about a Credit Suisse takeover
Swiss bank checks purchase UBS is in talks about a Credit Suisse takeover 3/18/2023 7:14 am The major bank Credit Suisse is experiencing a turbulent week. The Swiss National Bank…
SNB warns it will make liquidity available to Credit Suisse, if needed – 03/16/2023 at 08:47
(AOF) – The Swiss Financial Market Supervisory Authority (FINMA) and the Swiss National Bank (SNB) warn in a joint statement that there is no risk of direct contagion between the…
Help for Credit Suisse – CS shares have recovered strongly – SNB supports with 50 billion – news
In order to strengthen its liquidity, Credit Suisse (CS) wants to borrow up to CHF 50 billion from the Swiss National Bank (SNB). This would make CS the first globally…