Credit Suisse posted $4 billion loss in second quarter
Credit Suisse, which is now a subsidiary of UBS (UBSG.S), posted a loss of 3.5 billion Swiss francs ($4.0 billion) in ...
Tag: UBS
UBS to cut more than half of Credit Suisse workforce
UBS Group (UBSG.S) is looking to cut more than half of Credit Suisse's workforce from next month as a result of the ...
Swiss National Bank calls for new measures after Credit Suisse crash
The Swiss National Bank (SNB) on Thursday said it was crucial to draw lessons from the Credit Suisse crisis that ...
UBS says it has completed the takeover of stricken rival Credit Suisse
UBS has completed the legal takeover of its former Swiss rival Credit Suisse. The $3.2 billion deal was agreed in March amid ...
UBS says it was rushed into unwanted Credit Suisse rescue merger
UBS Group AG (UBSG.S) was rushed into buying cross-town rival Credit Suisse Group AG (CSGN.S) in a deal it did not want, as a ...
Withdrawals of £55bn forced Credit Suisse to seek rescue from UBS
Credit Suisse has laid bare the magnitude of the bank run that forced it to succumb to a rescue takeover ...
Credit Suisse investors sue after facing billions in losses
A group of Credit Suisse investors has sued Swiss financial regulators after a government-engineered takeover of the struggling bank by ...
EU leaders grapple with bank risks as economy weakens
European Union leaders are gauging the risk of a banking crisis developing from recent global financial turmoil and hitting an ...
Switzerland’s secretive Credit Suisse rescue rocks global finance
Days before a hastily convened press conference late on Sunday that would make the world's front pages, Switzerland's political elite ...
Shares of Credit Suisse plunge 63%, UBS down 14% after news that UBS will buy Credit Suisse to stave off market turmoil
Shares of Credit Suisse plunge 63%, UBS down 14% after news that UBS will buy Credit Suisse to stave off ...