Tag: UBS
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…
Market: Decisive weekend for Credit Suisse, pressure for a merger with UBS
by Stefania Spezzati and Oliver Hirt (Reuters) – Credit Suisse Group AG entered a decisive weekend for its future on Saturday as several rivals began to limit their dealings with…
The bigger, the more dangerous: Switzerland creates a banking Goliath
The bigger, the more dangerous Switzerland creates a banking Goliath A comment by Jan Ganger 03/20/2023 11:44 am The major Swiss bank UBS rescues its badly battered rival Credit Suisse.…
Market: UBS examines a takeover of Credit Suisse with the possible guarantee of the State
by John O’Donnell (Reuters) – UBS is considering a takeover of Credit Suisse with a possible risk guarantee from the Swiss government, two sources familiar with the matter told Reuters.…
Asian stock exchanges give way: Markets remain nervous despite the Credit Suisse takeover
Asian stock exchanges give way Markets remain nervous despite Credit Suisse takeover 03/20/2023, 08:47 am The most significant bank merger in Europe since the financial crisis is intended to allay…
UBS buys Credit Suisse for 3 billion Swiss francs with the support of the authorities – 03/20/2023 at 08:16
(AOF) – The suspense over the future of Credit Suisse ended on Sunday evening: the bank in difficulty will be bought by its competitor, UBS, for 3 billion Swiss francs,…
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…
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…