UK’s FCA says minded to back Swiss moves to support financial stability

[ad_1] LONDON, March 19 (Reuters) – Britain’s Financial Conduct Authority said on Sunday it was minded to approve Swiss bank UBS’ takeover of Credit Suisse bank, both of which have…

Credit Suisse, SVB, Signature Bank: What you need to know

[ad_1] March 19 (Reuters) – UBS (UBSG.S) agreed to buy rival Swiss bank Credit Suisse (CSGN.S) for 3 billion Swiss francs ($3.23 billion) and agreed to assume up to $5.4…

Two major banks in Europe worry about contagion, look to regulators for reassurance

[ad_1] LONDON, March 19 (Reuters) – At least two major banks in Europe are examining scenarios of contagion possibly spreading in the region’s banking sector and looking to the Federal…

Credit Suisse’s First Boston plan in doubt amid crisis talks -Bloomberg

[ad_1] March 19 (Reuters) – Credit Suisse’s (CSGN.S) plan to spin off its investment bank under the First Boston brand are being thrown into doubt by takeover talks, Bloomberg News…

Pornhub owner MindGeek sold to Canada’s Ethical Capital

[ad_1] March 16 (Reuters) – Canadian private equity firm Ethical Capital Partners (ECP) on Thursday said it had acquired Pornhub owner MindGeek, which has been mired in controversy over recent…

Goldman Sachs cuts outlook for European bank debt over Credit Suisse crisis

[ad_1] LONDON, March 18 (Reuters) – Goldman Sachs has cut its recommendation on exposure to European bank debt to neutral from overweight, saying a lack of clarity on Credit Suisse’s…

UBS mulls takeover of Credit Suisse with possible Swiss government guarantees

[ad_1] FRANKFURT, March 18 (Reuters) – UBS (UBSG.S) is examining a takeover of Credit Suisse (CSGN.S) that could see the Swiss government offer a guarantee against the risks involved, said…

BlackRock says not participating in any Credit Suisse takeover plan

[ad_1] March 18 (Reuters) – BlackRock (BLK.N) said on Saturday it had no plans or interest in acquiring embattled Swiss lender Credit Suisse (CSGN.S), a spokesperson for the U.S. asset…

Credit Suisse weighs survival options as regulators push UBS deal

[ad_1] March 18 (Reuters) – UBS AG (UBSG.S) was examining on Saturday a takeover of embattled lender Credit Suisse (CSGN.S) that could see the Swiss government offer a guarantee against…

UBS in talks to acquire Credit Suisse -FT

[ad_1] March 17 (Reuters) – Banking giant UBS (UBSG.S) is in discussions to take over all or parts of Credit Suisse (CSGN.S), with the boards of Switzerland’s two biggest lenders…