Credit Suisse bank: UBS is in talks to take over its troubled rival
Emergency talks are underway in Zurich as regulators seek a deal for Credit Suisse before Monday.
| Date: | Mar. 19, 2023 8:54 AM ET |
| Link: | More at "BBC" |
| Source: | BBC News - Home - bbc.com |
| Category: | Top stories |
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Swiss president announces plan for Swiss bank UBS to take over troubled rival Credit Suisse
Swiss president announces plan for Swiss bank UBS to take over troubled rival Credit Suisse
Mar. 19, 2023 - ABC News: International - World -
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 -
Swiss bank UBS takes over ailing Credit Suisse
Banking giant UBS is buying its smaller rival Credit Suisse for almost $3.25 billion, in an effort to avoid further market-shaking turmoil in global banking.
Mar. 20, 2023 - GANNETT Syndication Service - Top stories -
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 -
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 $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 -
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 ...
Mar. 24, 2023 - The Guardian - World -
UBS in talks to acquire Credit Suisse
Swiss authorities press for merger to stem crisis of confidence in country’s banking sector
Mar. 17, 2023 - UK homepage - Business -
Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion
Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion
Mar. 19, 2023 - ABC News: International - World -
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
Mar. 24, 2023 - 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
Mar. 24, 2023 - World - World -
Credit Suisse-UBS deal offers hope, but bank doubts persist
Credit Suisse shares have plunged after Swiss authorities cut a deal with its bigger rival UBS to acquire the troubled bank at a marked-down price
Mar. 20, 2023 - ABC News: International - World -
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 and Other Bank Stocks Fall After Credit Suisse’s Firesale
Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.
Mar. 20, 2023 - NYT > Top Stories - Top stories -
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 -
Asia's regulators say banking system is robust and stable after UBS-Credit Suisse takeover deal
From Hong Kong to Australia and Singapore, authorities urged that their domestic banking systems were stable.
Mar. 20, 2023 - US Top News and Analysis - Business -
UBS to purchase Credit Suisse amid fallout from U.S. bank collapses
Officials announced the takeover on Sunday, after shares of Credit Suisse plummeted last week despite a $54 billion loan from the Swiss National Bank.
Mar. 19, 2023 - World - CBSNews.com - World -
UBS to purchase Credit Suisse amid fallout from U.S. bank collapses
Officials announced the takeover on Sunday, after shares of Credit Suisse plummeted last week despite a $54 billion loan from the Swiss National Bank.
Mar. 19, 2023 - Home - CBSNews.com - Top stories -
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 -
Credit Suisse, the Risk-Taking Swiss Banking Giant, Succumbs to Crisis
The bank agreed to be bought by UBS, ending 167 years as an independent institution.
Mar. 19, 2023 - WSJ.com: US Business - 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 -
Credit Suisse bankers and clients courted by Swiss rivals
Staff retention is ‘number one’ priority at UBS after takeover as wealth managers aim to capitalise on turmoil
Mar. 29, 2023 - UK homepage - Business -
BlackRock explored rival Credit Suisse takeover bid
US investment giant drew up plans to acquire part of Swiss bank
Mar. 18, 2023 - UK homepage - Business