2023-03-20: In a bid to prevent a crisis of confidence from threatening global financial markets, UBS agreed to buy rival Credit Suisse Group for CHF3 billion (about $3.25 billion) and incur losses of up to $5.4 billion, according to the website of Singapore's Lianhe Zaobao newspaper.
19 (UPI) -- UBS's historic
2023-03-20: Beijing, March 19 (Xinhua) -- Credit Suisse, Switzerland's second largest bank, has been plunged into crisis by the closure of banks in Silicon Valley, triggering an emergency bailout by Swiss regulators. Switzerland's largest bank, UBS, is considering a merger with Credit Suisse and has launched relevant
2023-03-21: UBS has agreed to buy Credit Suisse for $3.25 billion, according to the Financial Times website on March 19. Coupled with Swiss regulators, the parties engaged in intense and busy negotiations over the weekend to protect the country's banking system and try to prevent the crisis from spreading to global
2023-03-19: Shares in Credit Suisse, Switzerland's second-biggest banking group, have plunged recently amid concerns about whether Credit Suisse could be the next bank to be shut down According to previous Swiss media reports, Swiss financial regulators are pushing UBS to fully or partially acquire Credit Suisse.
2023-03-20: On March 19 local time, the Swiss Federal Council held a press conference in Bern to confirm that Switzerland's largest bank UBS will buy Credit Suisse, Switzerland's second largest banking group in crisis.
The Swiss Financial Market Supervisory Authority announced on the same day it approved the merger
2023-03-21: The Swiss government announced on the evening of March 19 that Switzerland's largest bank, UBS, had agreed to acquire Credit Suisse, the second largest bank, in order to avoid "irreparable economic turmoil" caused by Credit Suisse's current crisis. The move has sparked concerns among Swiss political
2023-03-20: 19 (UPI) -- Credit Suisse will be acquired by UBS, the Swiss federal government announced Tuesday.
At a press conference that evening, the Swiss federal government said that recent liquidity outflows and market volatility showed that it was no longer possible to restore the necessary confidence
2023-03-20: The Financial Times reported the same day that UBS agreed to buy crisis-hit Credit Suisse for more than $2 billion. Swiss local media reported that the Swiss Federal Council had informed the parties internally about the outcome of the consultation at 18: 00 local time (19: 00 GMT), meaning that the Swiss
2023-03-20: Geneva, March 19 (Xinhua) -- The Swiss federal government said at a press conference on the evening of March 19 that a quick and stable solution is absolutely necessary and that Credit Suisse will be acquired by UBS.
2023-03-20: Geneva, March 19 (Reporter Chen Yingjie) The Swiss federal government announced on March 19 that Credit Suisse will be acquired by UBS.
At a press conference that evening, the Swiss federal government said that recent liquidity outflows and market volatility showed that it was no longer possible to
2023-03-21: On March 19, UBS announced its acquisition of Credit Suisse for CHF3 billion. The incident marked the start of the collapse of the US bank in Silicon Valley, which had a severe impact on European financial markets and The acquisition was backed by the Swiss federal government, the Swiss Financial Market
2023-03-21: Good morning everyone, last night, the world witnessed history again, UBS acquired Credit Suisse this mess.
UBS overtakes Credit Suisse for $3 billion Just last night saw the biggest global banking merger since the financial crisis.
Last night at 2: 30 am Beijing time, the Swiss government held a
2023-03-20: On March 19 local time, the Swiss Federal Council held a press conference in Bern to confirm that Switzerland's largest bank UBS will buy Credit Suisse, Switzerland's second largest banking group in crisis.
Credit Suisse shareholders will pay 22.48 shares of Credit Suisse in exchange for one share
2023-03-20: In a bid to prevent a crisis of confidence from threatening global financial markets, UBS agreed to buy rival Credit Suisse Group for CHF3 billion (about $3.25 billion) and incur losses of up to $5.4 billion, according to the website of Singapore's Lianhe Zaobao newspaper.
19 (UPI) -- UBS's historic
2023-03-20: Beijing, March 19 (Xinhua) -- Credit Suisse, Switzerland's second largest bank, has been plunged into crisis by the closure of banks in Silicon Valley, triggering an emergency bailout by Swiss regulators. Switzerland's largest bank, UBS, is considering a merger with Credit Suisse and has launched relevant
2023-03-21: UBS has agreed to buy Credit Suisse for $3.25 billion, according to the Financial Times website on March 19. Coupled with Swiss regulators, the parties engaged in intense and busy negotiations over the weekend to protect the country's banking system and try to prevent the crisis from spreading to global
2023-03-19: Shares in Credit Suisse, Switzerland's second-biggest banking group, have plunged recently amid concerns about whether Credit Suisse could be the next bank to be shut down According to previous Swiss media reports, Swiss financial regulators are pushing UBS to fully or partially acquire Credit Suisse.
2023-03-20: On March 19 local time, the Swiss Federal Council held a press conference in Bern to confirm that Switzerland's largest bank UBS will buy Credit Suisse, Switzerland's second largest banking group in crisis.
The Swiss Financial Market Supervisory Authority announced on the same day it approved the merger
2023-03-21: The Swiss government announced on the evening of March 19 that Switzerland's largest bank, UBS, had agreed to acquire Credit Suisse, the second largest bank, in order to avoid "irreparable economic turmoil" caused by Credit Suisse's current crisis. The move has sparked concerns among Swiss political
2023-03-20: 19 (UPI) -- Credit Suisse will be acquired by UBS, the Swiss federal government announced Tuesday.
At a press conference that evening, the Swiss federal government said that recent liquidity outflows and market volatility showed that it was no longer possible to restore the necessary confidence
2023-03-20: The Financial Times reported the same day that UBS agreed to buy crisis-hit Credit Suisse for more than $2 billion. Swiss local media reported that the Swiss Federal Council had informed the parties internally about the outcome of the consultation at 18: 00 local time (19: 00 GMT), meaning that the Swiss
2023-03-20: Geneva, March 19 (Xinhua) -- The Swiss federal government said at a press conference on the evening of March 19 that a quick and stable solution is absolutely necessary and that Credit Suisse will be acquired by UBS.
2023-03-20: Geneva, March 19 (Reporter Chen Yingjie) The Swiss federal government announced on March 19 that Credit Suisse will be acquired by UBS.
At a press conference that evening, the Swiss federal government said that recent liquidity outflows and market volatility showed that it was no longer possible to
2023-03-21: On March 19, UBS announced its acquisition of Credit Suisse for CHF3 billion. The incident marked the start of the collapse of the US bank in Silicon Valley, which had a severe impact on European financial markets and The acquisition was backed by the Swiss federal government, the Swiss Financial Market
2023-03-21: Good morning everyone, last night, the world witnessed history again, UBS acquired Credit Suisse this mess.
UBS overtakes Credit Suisse for $3 billion Just last night saw the biggest global banking merger since the financial crisis.
Last night at 2: 30 am Beijing time, the Swiss government held a
2023-03-20: On March 19 local time, the Swiss Federal Council held a press conference in Bern to confirm that Switzerland's largest bank UBS will buy Credit Suisse, Switzerland's second largest banking group in crisis.
Credit Suisse shareholders will pay 22.48 shares of Credit Suisse in exchange for one share
Extensive access to millions of articles in WCR database, advanced search features, customisable feeds, keyword based alerts, subject-wise newsletters, and more.
Extensive access to millions of articles in WCR database, advanced search features, customisable feeds, keyword based alerts, subject-wise newsletters, and more.