Por: ABC News World March 27, 2023
DUBAI, United Arab Emirates -- The chairman of Saudi National Bank has resigned for “personal reasons,” a regulatory filing said Monday, just after his comments on Credit Suisse sent that firm's stock cratering and ultimately saw rival UBS to acquire the firm.The resignation of Ammar al-Khudairy at Saudi National Bank, the largest commercial bank in the oil-rich kingdom, comes just months after the lender invested an additional $1.5... + full article
ABC News USA Business March 27, 2023
DUBAI, United Arab Emirates -- The chairman of Saudi National Bank has resigned for “personal reasons,” a regulatory filing said Monday, just after his comments on Credit Suisse sent that firm's stock cratering and ultimately saw rival UBS to acquire the firm.The... + más
Saudi National Bank chair resigns after Credit Suisse storm | ABC News
UBS Buying Rival Credit Suisse In $3.2 Billion Rescue Deal | Forbes
Associated Press USA Business March 27, 2023
DUBAI, United Arab Emirates (AP) — The chairman of Saudi National Bank has resigned for “personal reasons,” a regulatory filing said Monday, just after his comments on Credit Suisse sent that firm’s stock cratering and ultimately saw rival UBS to acquire the firm.The... + más
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 agrees to buy troubled Credit Suisse for more than $2B to ‘secure financial stability’ | New York Post
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
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
Fox Business USA Business November 24, 2022
Former FDIC Chair Sheila Bair discusses Credit Suisse's issues as the U.S. faces economic challenges and how the Fed will keep financial systems 'stable.' Credit Suisse Group AG warned it would lose around $1.6 billion in the fourth quarter after customers pulled... + más
Credit Suisse seeks to calm market jitters | Fox Business
How a social media frenzy around Credit Suisse rattled its stock | Fox Business
About iurex | Privacy Policy | Disclaimer |