Friday, April 18

Browsing: Credit Suisse

Swiss banks announce historic takeover

2 Mins ReadMarch 20, 2023

UBS Group and Credit Suisse Group, two of the biggest names in European banking, are coming together in a government-brokered…

Banks had a meltdown. What comes next?

6 Mins ReadMarch 19, 2023

New YorkCNN — Global banks just suffered their worst week since 2008. So what comes next? The fallout from this month’s banking turmoil —…

Is my money safe after bank collapses? Former Goldman Sachs CEO says sort of

4 Mins ReadMarch 19, 2023

New YorkCNN — In the wake of failures at Silicon Valley Bank and Signature Bank and separate issues at Credit Suisse and First Republic, many Americans…

Potential buyer seeks govt guarantees for Credit Suisse takeover – Reuters

2 Mins ReadMarch 19, 2023

UBS reportedly wants the Swiss state to partly cover the acquisition of the failing lender Multinational investment bank UBS wants…

Credit Suisse faces demise as UBS, Swiss regulators discuss takeover

3 Mins ReadMarch 19, 2023

Switzerland’s largest bank, UBS, is reported to be negotiating to buy all or part of Credit Suisse, with the blessing…

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