UBS agrees to buy Credit Suisse for more than $2bn
Swiss authorities engineer a deal that will combine the country’s two largest banks
| Date: | Mar. 19, 2023 12:51 PM ET |
| Link: | More at "Financial Times" |
| Source: | UK homepage - ft.com |
| Category: | Business |
Topics
Sort by
Filter
Date
Items per page
-
UBS agrees to buy Credit Suisse for more than $2bn
Swiss authorities engineer a deal that will combine the country’s two largest banks
Mar. 19, 2023 - World - World -
UBS Agrees to Buy Rival Credit Suisse to Shore Up Global Market
In a deal brokered by the Swiss government, Switzerland’s largest bank will buy its smaller rival for about $3.2 billion.
Mar. 19, 2023 - NYT > Top Stories - Top stories -
UBS agrees to buy rival Credit Suisse
Swiss banking giant UBS has agreed to buy rival Credit Suisse for $3 billion. The deal, brokered by the Swiss government, is aimed at staving off fears of a broader banking collapse.
Mar. 19, 2023 - Home - CBSNews.com - Top stories -
UBS agrees to buy rival Credit Suisse
Swiss banking giant UBS has agreed to buy rival Credit Suisse for $3 billion. The deal, brokered by the Swiss government, is aimed at staving off fears of a broader banking collapse.
Mar. 19, 2023 - World - CBSNews.com - World -
UBS Agrees to Buy Credit Suisse for More Than $3 Billion
The deal was engineered by regulators and is designed to restore trust in the banking system.
Mar. 19, 2023 - WSJ.com: US Business - Business -
UBS agrees to buy banking rival Credit Suisse in emergency rescue
The floundering Credit Suisse bank is set to be acquired by its rival UBS, the largest bank in Switzerland, in an emergency purchase meant to stave off a wider crisis in the global banking system. The $3.2 billion takeover of Credit Suisse by UBS ...
Mar. 19, 2023 - Just In News | The Hill - Politics -
UBS agrees to take over Credit Suisse amid Silicon Valley Bank fallout
Swiss banking giant UBS agreed to buy rival Credit Suisse for roughly 3 billion dollars, in a deal brokered by the Swiss Government. The announcement comes as new details emerge about the collapse of Silicon Valley Bank. Ed O'Keefe reports.
Mar. 20, 2023 - Home - CBSNews.com - Top stories -
UBS agrees 'emergency rescue' of Credit Suisse
The deal, backed by the Swiss government, follows weekend talks aimed at preventing its collapse.
Mar. 20, 2023 - BBC News - Home - Top stories -
UBS agrees $3.25bn rescue deal for rival Credit Suisse
Regulators engineer takeover of stricken bank by larger Swiss competitor after frantic weekend
Mar. 19, 2023 - UK homepage - Business -
UBS agrees to takeover of stricken Credit Suisse for $3.25bn
Swiss government forces through takeover at well below market value amid fears of global banking crisisMillions paid in bonuses to UK SVB staff days after £1 rescueBank runs, bailouts, rescues: are the ghosts of 2008 rising again?The Swiss ...
Mar. 19, 2023 - The Guardian - World -
Credit Suisse shares slide after UBS buys it for $3.2 billion
"Only time will tell how this shotgun wedding is received," one analyst said of merger uniting the Swiss banks.
Mar. 20, 2023 - Home - CBSNews.com - Top stories -
Credit Suisse shares slide after UBS buys it for $3.2 billion
"Only time will tell how this shotgun wedding is received," one analyst said of merger uniting the Swiss banks.
Mar. 20, 2023 - World - CBSNews.com - World -
UBS is buying Credit Suisse in a bid to halt the banking crisis
Switzerland's biggest bank, UBS, has agreed to buy its ailing rival Credit Suisse in an emergency rescue deal aimed at stemming financial market panic unleashed by the failure of two American banks earlier this month.
Mar. 20, 2023 - CNN.com - RSS Channel - HP Hero - Top stories -
UBS to buy Credit Suisse for nearly $3.25B to calm turmoil
Swiss President Alain Berset said banking giant UBS is acquiring its smaller rival Credit Suisse for almost $3.25 billion in an effort to avoid further market-shaking turmoil in global banking
Mar. 19, 2023 - ABC News: International - World -
Market Extra: Here’s why UBS’s deal to buy Credit Suisse matters to U.S. investors
Financial markets will tell the story on Monday of whether UBS's more than $3 billion deal for Credit Suisse is enough to calm down at least one side of the Atlantic.
Mar. 19, 2023 - MarketWatch.com - Top Stories - Business -
UBS to buy Credit Suisse for more than $3 billion in deal backed by Swiss government
Struggling Swiss banking giant Credit Suisse has agreed to be bought by its arch-rival UBS at a discount to Friday's close price, after seeing a wave of customer deposits exit the bank.
Mar. 19, 2023 - MarketWatch.com - Top Stories - Business -
UBS offers to buy Credit Suisse for 'substantially' more than $1 billion, sources say
A sale to UBS comes after Credit Suisse shares logged their worst weekly decline since the onset of the coronavirus pandemic.
Mar. 19, 2023 - US Top News and Analysis - Business -
UBS reportedly offers to buy Credit Suisse for up to $1 billion
Swiss banking giant UBS on Sunday offered to buy its embattled rival Credit Suisse for up to $1 billion, according to the Financial Times, citing four people with direct knowledge of the situation.
Mar. 19, 2023 - NBC News Politics - Politics -
UBS in discussions to buy Credit Suisse: report
UBS Group AG is in talks to buy all or parts of Credit Suisse, with their boards meeting separately over the weekend, the Financial Times reported late Friday.
Mar. 17, 2023 - MarketWatch.com - Top Stories - Business -
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 market turmoil
Mar. 20, 2023 - ABC News: International - World -
UBS credit outlook revised to negative by S&P on concerns about risk in Credit Suisse deal
S&P Global Ratings said it expects the integration of large parts of Credit Suisse's investment banking activities to carry material execution risk.
Mar. 20, 2023 - MarketWatch.com - Top Stories - Business -
Majority of Swiss want new UBS-Credit Suisse mega bank split up
Results of poll add momentum to calls for a review of the forced merger and for the clawing back of bonuses
10 hours ago - UK homepage - Business -
Majority of Swiss want new UBS-Credit Suisse mega bank split up
Results of poll add momentum to calls for a review of the forced merger and for the clawing back of bonuses
10 hours ago - World - World -
Head of Credit Suisse talks of his profound sadness over UBS takeover
Ulrich Körner acknowledges an ‘emotional and challenging week’ after deal was forced through by Swiss authoritiesBusiness live: latest coverageDeutsche Bank leads sell-off in European bank sharesThe chief executive of stricken Credit Suisse has ...
11 hours ago - The Guardian - World -
Culture clash: the challenge of uniting fierce rivals UBS and Credit Suisse
Investment banking is at the heart of divisions between the two Swiss lenders
Mar. 23, 2023 - UK homepage - Business