Tag: Suisse
UBS bank buys its rival Credit Suisse in distress
UBS has agreed to triple its initial outlay to buy Credit Suisse for just over 3 billion euros. DENIS BALIBOUSE / REUTERS NARRATIVE – The Swiss authorities pressed for an…
Mammoth merger in Switzerland: Credit Suisse emergency rescue to calm stock markets
Mammoth fusion in Switzerland Credit Suisse emergency rescue to calm stock markets 03/19/2023, 8:42 p.m It is a massive earthquake in the European banking scene. The takeover of the struggling…
Great Britain: The authorities in contact on the fate of Credit Suisse – source
LONDON (Reuters) – Britain’s Finance Minister Jeremy Hunt and Bank of England Governor Andrew Bailey have been in regular contact over the weekend over the fate of Credit Suisse, a…
Swiss bank UBS takes over Credit Suisse
Dhe crisis-ridden Credit Suisse (CS) loses its independence after 167 years and ends up in the arms of UBS. The Swiss industry leader is taking over CS in a share…
Crisis at Credit Suisse – UBS takes over CS +++ Stock exchanges start new trading week – News
Crisis at Credit Suisse – UBS takes over the CS +++ Stock exchanges start a new trading week – News – SRF Skip to content News Business Current article Contents…
Market: UBS is targeting a six billion dollar Swiss state guarantee for the takeover of Credit Suisse – source
by Oliver Hirt and Stefania Spezzati (Reuters) – UBS Group is seeking a guarantee of around six billion dollars (5.6 billion euros) from the Swiss Federal Council for a possible…
UBS absorbs Credit Suisse to save the Swiss financial center from debacle
Colm Kelleher (UBS) and Axel Lehmann (Credit Suisse) shake hands in front of journalists after the announcement of the acquisition by UBS of Credit Suisse, in Bern, March 19, 2023.…
Crisis at Credit Suisse – UBS CEO: “Together we can build an even better bank” – News
The negotiations for the takeover of CS by UBS were not easy. The head of UBS, Ralph Hamers, explains where the opportunities are now and how the new Superbank intends…
Market: UBS offers up to $1 billion to buy Credit Suisse, reports FT
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Crisis at Credit Suisse – UBS takes over CS +++ Asian stock exchanges start trading – News
Crisis at Credit Suisse – UBS takes over CS +++ Asian stock exchanges start trading – News – SRF Skip to content News Business Current article Contents Author: Leonard Flach…
Market: UBS makes an offer to buy Credit Suisse
by Oliver Hirt, Stefania Spezzati and John O’Donnell (Reuters) – UBS Group AG was holding emergency talks on Sunday to buy its compatriot Credit Suisse, for up to $1 billion…
Concerns about stock market tremors: Fed and ECB satisfied with Credit Suisse merger
Worry about stock market tremors Fed and ECB happy with Credit Suisse merger 03/19/2023, 10:13 p.m The hastily completed takeover of the major Swiss bank Credit Suisse is intended to…