Por: Forbes Business March 16, 2023
Updated Mar 16, 2023, 04:36am EDTTopline Credit Suisse on Thursday said it is exercising an option to borrow $53.75 billion (CHF 50 billion) from the Swiss National Bank, as it looks to stave off concerns about its liquidity a day after the crisis-ridden bank’s stock plunged to a record low. A sign of Credit Suisse bank is seen on the branch building in Geneva.AFP via Getty Images Key Facts Credit Suisse it was taking this action to... + full article
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
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
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
Fox Business USA Business March 17, 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. 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
Fox Business USA Business March 16, 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. 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
Portland Press Herald USA World March 16, 2023
Fears for the stability of the global financial system rose Wednesday after Credit Suisse disclosed problems in its financial reporting and said it would tap more than $53 billion in aid from Switzerland’s central bank, raising turmoil in the markets in the wake of Silicon... + más
Credit Suisse to borrow up to $54B from Swiss National Bank | Fox Business
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