Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Credit Suisse posts $1.4B pre-tax loss as woes go on in 4Q

Por: Associated Press Business February 09, 2023

GENEVA (AP) — Credit Suisse on Thursday reported a pre-tax loss of more than 1.3 billion Swiss francs (about $1.4 billion) in the fourth quarter of last year, as its new managers vie to right the top-drawer Swiss bank that has faced a .The bank also announced the $175 million purchase of the investment banking business of U.S.-based M. Klein & Co. and plans to roll those operations into the revived CS First Boston investment bank.The... + full article



Similar News

UBS just reshuffled its leadership ranks after buying Credit Suisse. See the new power players in charge of the $1.7 trillion Swiss banking behemoth.

Business Insider USA Business June 13, 2023

thumbnailJump 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

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


UBS reaches agreement to buy Credit Suisse after upping offer: report

Fox Business USA Business March 20, 2023

thumbnailFormer 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


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

CBS News USA Politics March 20, 2023

thumbnailThe 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

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


UBS Agrees to Buy Rival Credit Suisse

The New York Times USA Business March 19, 2023

thumbnailUBS 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 Buying Rival Credit Suisse In $3.2 Billion Rescue Deal | Forbes

UBS and regulators rush to seal Credit Suisse takeover deal: reports | MarketWatch


UBS Buying Rival Credit Suisse In $3.2 Billion Rescue Deal

Forbes USA Business March 19, 2023

thumbnailUpdated 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

UBS agrees to buy troubled Credit Suisse for more than $2B to ‘secure financial stability’ | New York Post


Credit Suisse faces lawsuits from US shareholders for allegedly concealing financial woes

Fox Business USA Business March 17, 2023

thumbnailFormer 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. is facing legal action from U.S.... + más

UBS makes $1 billion all-share offer for embattled Credit Suisse: reports | MarketWatch

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


Credit Suisse to borrow up to $54B from Swiss National Bank

Fox Business USA Business March 16, 2023

thumbnailFormer 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. Credit Suisse Group says it... + más

Credit Suisse to borrow more than $53 billion from Swiss central bank | Portland Press Herald

Credit Suisse to borrow $54 billion from Swiss central bank | Associated Press



About iurex | Privacy Policy | Disclaimer |