Por: CNBC Business March 19, 2023
In this articleRed pedestrian crossing signs outside a Credit Suisse Group AG bank branch in Basel, Switzerland, on Tuesday, Oct. 25, 2022. Stefan Wermuth Bloomberg Getty ImagesTalks over rescuing rolled into Sunday as sought $6 billion from the Swiss government to cover costs if it were to buy its struggling rival, a person with knowledge of the talks said.Authorities are scrambling to resolve a crisis of confidence in... + full article
MarketWatch USA Business March 19, 2023
Credit Suisse has pushed back at the offer, Bloomberg , saying the offer is too low and could hurt shareholders and employees. One possibility is for UBS to buy Credit Suisse and spin off its Swiss operations to an independent entity, The Wall Street Journal on Sunday. UBS would... + más
UBS Buying Rival Credit Suisse In $3.2 Billion Rescue Deal | Forbes
UBS agrees to buy troubled Credit Suisse for more than $2B to ‘secure financial stability’ | New York Post
The New York Times USA Business March 19, 2023
UBS has agreed to buy Credit Suisse, its beleaguered rival, the Swiss government said on Sunday, in a hastily arranged deal meant to shore up the global financial sector after a week of turmoil.Swiss government leaders and regulators said that the deal was the most effective way... + más
UBS and regulators rush to seal Credit Suisse takeover deal: reports | MarketWatch
Forbes USA Business March 19, 2023
Updated Mar 19, 2023, 04:09pm EDTTopline UBS Group AG has struck a deal to buy Credit Suisse—a rival Swiss bank rocked by financial turmoil—for over $3 billion, the announced Sunday, as bank executives and Swiss officials sprint to contain a crisis sparked in part by the... + más
UBS' dramatic takeover of Credit Suisse was the deal neither bank wanted. Here are some of the passive-aggressive digs from both sides. | Business Insider
CNBC USA Business March 19, 2023
In this articleA sign on the roof of the Credit Suisse Group AG headquarters in Zurich, Switzerland, on Thursday, March 16, 2023. Credit Suisse tapped the Swiss National Bank for as much as 50 billion francs ($54 billion) and offered to repurchase debt, seeking to stem a crisis... + más
UBS makes $1 billion all-share offer for embattled Credit Suisse: reports | MarketWatch
New York Post USA Business March 19, 2023
UBS, Switzerland’s largest bank, has agreed to buy rival Credit Suisse for more than $2 billion in an emergency deal to avoid turmoil stemming from . The Swiss National Bank announced the deal on Sunday, saying that it would “secure financial stability and protect the Swiss... + más
UBS to buy Credit Suisse for more than $3 billion in deal backed by Swiss government | MarketWatch
NBC News USA Business March 19, 2023
UBS agreed to buy its embattled rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) Sunday, with Swiss regulators playing a key part in the deal as governments looked to stem a contagion threatening the global banking system. “With the takeover of Credit Suisse by... + más
“With the takeover of Credit Suisse by UBS, a solution has been found to secure financial stability and protect the Swiss economy in this exceptional situation,” the SNB said in a statement. UBS will buy Credit Suisse for 3 billion francs ($3.25 billion), or 0.76 francs per... + más
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