Por: Associated Press Business March 21, 2023
FRANKFURT, Germany (AP) — In a bid to ease turmoil in the world financial system, Swiss authorities engineered a plan for the UBS bank Credit Suisse at a marked-down price.It’s another urgent attempt to fight fears that have put 15 years after the failure of U.S. investment bank Lehman Brothers pitched the global economy into a crisis.Here are key things to know — and some things that aren’t yet known — about the takeover and fueled by... + full article
Fox Business USA Business March 20, 2023
Former Federal Reserve Governor Robert Heller, Solus Alternative Asset Management strategist Dan Greenhaus and Zaye Capital Markets CIO Naeem Aslam discuss the Fed's rate hike trajectory as Credit Suisse instability threatens global markets. The Swiss government is... + 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
CNBC USA Business March 20, 2023
In this articleJakub Porzycki Nurphoto Getty ImagesRegulators in Asia issued reassuring statements Monday that their banking systems remained robust and stable after Swiss banking giant UBS agreed to buy its rival Credit Suisse for $3.25 billion.Swiss regulators played a key... + 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
Business Insider USA Business March 20, 2023
Jump to 0 An icon in the shape of a person's head and shoulders. It often indicates a user profile. An icon in the shape of a person's head and shoulders. It often indicates a user profile. All Featured About Follow Subscriptions US Markets Loading... H M S In the news... + más
What Are the Duties of A Trustee? | Forbes
CBS News USA Politics March 20, 2023
The banking giant UBS has agreed to purchase Credit Suisse, a smaller rival, Swiss authorities announced on Sunday. The historic deal comes as major financial institutions continue to grapple with the fallout from the sudden collapse of Silicon Valley Bank earlier this month,... + más
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
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
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