[ad_1] Credit Suisse’s demise was sealed by an uncontrollable bank run. Keystone / Martin Ruetschi read aloud pause The final months of the doomed Credit Suisse bank are a hot…
Tag: Suisse
UBS against the clock in Credit Suisse takeover talks
[ad_1] British finance minister Jeremy Hunt and Bank of England Governor Andrew Bailey are also in regular contact this weekend over the fate of Credit Suisse, a source familiar with…
Credit Suisse deal halted crisis, Swiss central bank says – Times of India
[ad_1] GENEVA: The Swiss central bank hiked its key interest rate on Thursday and insisted that a government-orchestrated takeover of troubled Credit Suisse by rival bank UBS ended the financial…
UBS-Credit Suisse Deal Aided by Four of Biggest US Law Firms
[ad_1] UBS Group AG purchased embattled rival Credit Suisse Group AG for $3.2 billion with the help of four of the biggest law firms in the US. Davis Polk &…
Swiss financial regulator calls for tougher powers after Credit Suisse collapse
[ad_1] Stay informed with free updates Simply sign up to the European banks myFT Digest — delivered directly to your inbox. Switzerland’s financial regulator has called for tougher powers to…
Swiss regulator calls for more powers after Credit Suisse collapse
[ad_1] Axel Lehmann, chairman of Credit Suisse Group AG, Colm Kelleher, chairman of UBS Group AG, Karin Keller-Sutter, Switzerland’s finance minister, Alain Berset, Switzerland’s president, Thomas Jordan, president of the…
UBS offers up to $1 billion for Credit Suisse in race to save bank: Report – Times of India
[ad_1] UBS Group AG has offered to buy Credit Suisse for up to $1 billion, with the Swiss government planning to change the country’s laws to bypass a shareholder vote…
Switzerland’s Financial Regulator Calls for Additional Powers After Credit Suisse Crisis
[ad_1] Published: Dec. 19, 2023 at 4:42 a.m. ET By Pierre Bertrand Switzerland’s financial market supervisory body called for stricter standards and additional powers following its post-mortem review of the…
UBS-Credit Suisse deal casts shadow over Switzerland
[ad_1] UBS Group has emerged as Switzerland’s one and only global bank with a state-backed rescue of its smaller peer Credit Suisse, a risky bet that makes the Swiss economy…
Singapore to Inspect Credit Suisse, Others in $2 Billion Scandal
[ad_1] Singapore’s financial regulator will conduct an on-site inspection of Credit Suisse Group AG after at least one of its customers was charged for money laundering in a scandal that…