Exclusive: US scrutinizes Russia accounts UBS took over from Credit ...
1 day ago · [1/2] Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland, August 30, 2023. REUTERS/Denis Balibouse/File Photo Purchase Licensing Rights, opens new tab.
UBS completes Credit Suisse takeover. Here’s what it means
Jun 12, 2023 · UBS has finalized its emergency takeover of fallen rival Credit Suisse, creating a giant Swiss bank with nearly $1.7 trillion in assets in the biggest banking tie-up since the 2008 global...
Live updates: Credit Suisse deal, global stock market news - CNN
Mar 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...
What happened at Credit Suisse and how did it reach crisis point?
Mar 16, 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...
Live updates: Credit Suisse-UBS deal and global stock market news - CNN
Mar 20, 2023 · Credit Suisse, hobbled for decades by mismanagement, scandal and bad bets, finally succumbed to the emerging global banking crisis. Its stunning and rapid takeover by rival UBS, orchestrated by...
Latest on the takeover of Credit Suisse | UBS Switzerland
1 July 2024 – The legal merger between Credit Suisse (Switzerland) Ltd. and UBS Switzerland AG was completed today. Read the news release. Announcements published so far. Your questions, our answers. The questions and answers are …
UBS reaches milestone in Credit Suisse absorption as parent …
ZURICH, May 31 (Reuters) - UBS (UBSG.S) on Friday completed the merger of the main parent companies of the Swiss bank and Credit Suisse, which it acquired last year after its longtime rival...
Credit Suisse deal averted crisis, Swiss central bank says
Mar 23, 2023 · The Swiss central bank has hiked its key interest rate and declared that a government-orchestrated takeover of troubled Credit Suisse by rival bank UBS ended the financial turmoil.
UBS agrees to buy Credit Suisse for more than $2bn - Financial Times
Mar 19, 2023 · UBS has agreed to buy Credit Suisse after increasing its offer to more than $2bn, with Swiss authorities poised to change the country’s laws to bypass a shareholder vote as they rush to announce...
UBS completes Credit Suisse acquisition
Zurich, 12 June 2023 – UBS has completed the acquisition of Credit Suisse today, crossing an important milestone. Credit Suisse Group AG has been merged into UBS Group AG and the combined entity will operate as a consolidated banking group.