[ad_1] ZURICH, March 20 (Reuters) – Credit Suisse and UBS could benefit from more than 260 billion Swiss francs ($280 billion) in state and central bank support, a third of…
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Shocked Credit Suisse staff fear uncertain future despite UBS rescue deal
[ad_1] SINGAPORE/HONG KONG, March 20 (Reuters) – Credit Suisse staff arriving to work in Hong Kong and Singapore on Monday morning fretted about retrenchments and retaining business after larger Swiss…
Exclusive: Credit Suisse says some clients may want to move wealth assets after UBS deal
[ad_1] SHANGHAI/HONG KONG, March 20 (Reuters) – Credit Suisse told staff its wealth assets are operationally separate from UBS for now, but once they merged clients might want to consider…
Credit Suisse takeover, central bank action calm jittery markets
[ad_1] March 20 (Reuters) – Moves by authorities to avert a global banking crisis appeared to have lifted market confidence on Monday as investors welcomed emergency dollar liquidity from top…
Macron sees decisive next few days for Ukraine after Putin meeting
[ad_1] Macron confident of getting some results, even if not easy Putin to speak again with Macron after Ukraine meeting Germany and U.S. in “lockstep’ on standoff -Biden High-cost sanctions…
Analysis: UBS swallows Credit Suisse, casting shadow over Switzerland
[ad_1] LONDON, March 20 (Reuters) – UBS Group (UBSG.S) emerged as Switzerland’s one and only global bank with a state-backed rescue of its smaller peer Credit Suisse, a risky bet…
UBS seals Credit Suisse takeover in bid to calm market nerves
[ad_1] UBS to pay 3 bln Swiss francs ($3.23 bln) for Credit Suisse Yellen, Powell welcome deal to support financial stability UBS to assume up to $5.4 bln in losses;…
Credit Suisse lifeline, First Republic rescue: What you need to know
[ad_1] March 17 (Reuters) – Credit Suisse and First Republic Bank shares came under renewed pressure on Friday despite multi-billion dollar support deals, while a source said European Central Bank…
ECB meets over banking stress as US rescue eases immediate fears
[ad_1] March 17 (Reuters) – European Central Bank supervisors met to tackle growing cracks in the banking system on Friday after a $30 billion lifeline for U.S. lender First Republic…