Por: The New York Times 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 of reassuring investors after Credit Suisse’s shares tumbled following the implosion of Silicon Valley Bank earlier this month.To help support UBS, the Swiss National... + full article
Fox Business USA Business March 19, 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 investment banking company... + más
UBS and regulators rush to seal Credit Suisse takeover deal: reports | MarketWatch
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
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
Los Angeles Times USA Business March 19, 2023
Banking giant UBS is buying its smaller rival Credit Suisse for $3.2 billion in an effort to avoid further market-shaking turmoil in global banking, Swiss President Alain Berset announced Sunday night. Berset called the announcement “one of great breadth for the stability of... + más
MarketWatch USA Business March 18, 2023
Boards at the two banks are meeting this weekend. Credit Suisse’s key regulators in the US, the UK and Switzerland are considering the legal structure of a deal and several concessions that UBS has sought. UBS wants to be allowed to phase in any demands it would face under... + más
MarketWatch USA Politics March 18, 2023
About iurex | Privacy Policy | Disclaimer |