UBS Group AG is closing in on an agreement to buy Credit Suisse—a rival Swiss bank facing economic uncertainty—for over $2 ...
The key number for UBS Group AG shareholders in its takeover of Credit Suisse Group AG wasn’t the $3.25 billion price or the ...
The Swiss National Bank said in a statement Sunday afternoon that the takeover was made possible by the Swiss federal ...
Swiss President Alain Berset said banking giant UBS is acquiring its smaller rival Credit Suisse for almost $3.25 billion in ...
Shares of Credit Suisse plunged 60.5% on Monday after banking giant UBS said it would buy its troubled Swiss rival for almost ...
The deal was engineered by regulators and is designed to restore trust in the banking system.
UBS Group AG agreed to buy Credit Suisse Group AG in a historic, government-brokered deal aimed at containing a crisis of ...
The Swiss National Bank announced the deal on Sunday, saying that it would “secure financial stability and protect the Swiss ...
UBS (UBS) confirmed on Sunday that it agreed to acquire struggling Credit Suisse (CS) for a total of CHF 3B (US$3.25B) in a ...
Sight deposits held by the Swiss National Bank (SNB) jumped last week, data showed on Monday, suggesting that both Credit ...
The logo of Credit Suisse is pictured in front of the Swiss Parliament Building, in Bern, Switzerland. REUTERS/Denis ...