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 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

Credit Suisse hit by legal action from US investors amid banking turmoil

Complaint claims bank made ‘materially false and misleading statements’ in 2021 annual reportBusiness live – latest updatesHow to understand Credit Suisse, SVB and fears of a new crisisUS investors in Credit Suisse have hit the beleaguered Swiss ...
Mar. 17, 2023 - The Guardian - 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

Credit Suisse fallout threatens to halt issuance of risky bank debt

Some of Asia’s largest lenders may pause sales of additional tier 1 bonds after $17bn wipeout at Swiss bank
Mar. 22, 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 - 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 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

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

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 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 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

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.
Mar. 19, 2023 - BBC News - Home - 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

SVB parent files for bankruptcy; Credit Suisse shares slide again amid banking crisis – live

European and US banking shares fall, with Credit Suisse down 12% as sentiment remains fragileFriday briefing: How to understand Credit Suisse, Silicon Valley Bank and fears of a new crisisBP is the top riser on the FTSE 100, up nearly 4%, as oil ...
Mar. 17, 2023 - The Guardian - World

Date:	Mar. 19, 2023 7:04 PM ET
Link:	More at "CBS News"
Source:	World - CBSNews.com - cbsnews.com
Category:	World

UBS to purchase Credit Suisse amid fallout from U.S. bank collapses

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