You Searched For "credit suisse" and got 20 results
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1 min read
UBS made a $29 billion quarterly profit after rescuing Credit Suisse
The record profit is mostly due to an accounting gain following its government-brokered takeover of…
Joseph Wilkins
1 min read
SC warns SpiceJet CMD Ajay Singh for making default in payment of Credit Suisse AG
The Supreme Court has issued a stern warning to SpiceJet Chairman and Managing Director (CMD), Ajay…
2 mins read
UBS completes Credit Suisse acquisition to become a banking behemoth
Swiss bank UBS on Monday said it has completed the acquisition of troubled rival Credit Suisse. …
2 mins read
CoCo bonds fall sharply over Credit Suisse deal
Derivatives that track the value of riskier bank debt the sort that is being wiped out in the Credi…
2 mins read
Sensex shoots up 419 points, Nifty over 17k level
In Asian markets, Hong Kong's Hang Seng went up 320 points, Japan's Nikkei surged 183 points, …
ANI
2 mins read
Sensex snaps 5-day losing streak on value-buying; Nifty closes near 17,000 level
Halting its five-day losing streak, the 30-share BSE benchmark rose 78.94 points or 0.14 per c…
PTI
1 min read
UBS to cut 3,000 jobs in Switzerland after Credit Suisse takeover
UBS CEO Sergio Ermotti said it will lay off "around 1,000" workers as it integrates Credit Suisse's…
Tom Carter
1 min read
Credit Suisse will be taken over by banking giant UBS, says Swiss government
Credit Suisse will be taken over by Swiss banking giant UBS, the Swiss federal government has annou…
1 min read
Credit Suisse shares slide 10% as the shine of its rescue package wears off
DBRS Morningstar cut Credit Suisse's credit score Thursday, amid concerns it may default on its deb…
Karen Friar
3 mins read
Asian shares ended lower after Switzerland's UBS seals deal to acquire Credit Suisse
Investors are still looking to the Federal Reserve's interest rate decision later this week for fur…
Huileng Tan
2 mins read
US stocks fall as turmoil in regional banks resumes and Credit Suisse gets a lifeline
The rout in banking stocks has shaken up the broader market, leaving the S&P 500 close to erasing i…
Carla Mozée
1 min read
Switzerland's central bank says it will provide liquidity to Credit Suisse if deemed necessary for the embattled lender
Credit Suisse "meets the capital and liquidity requirements imposed on systemically important banks…
Carla Mozée
1 min read
US stocks trade mixed as Credit Suisse troubles stoke fears of a banking crisis
Credit Suisse alarmed investors, but the Swiss National Bank later said it will provide the lender …
Jennifer Sor
1 min read
Dow tumbles nearly 500 points as Credit Suisse stokes fears of bank failure contagion
Credit Suisse plunged more than 20%, as Saudi backers ruled out further investment in the embattled…
Phil Rosen
1 min read
Dow dives over 600 points as Credit Suisse selloff injects fresh unease into markets
US stock futures dived Wednesday as worries about Credit Suisse pushed the lender's shares to a new…
George Glover
1 min read
Credit Suisse faced a staggering $69 billion of outflows in the first quarter, an amount that eclipses UBS's market cap
Credit Suisse saw its outflows accelerate to $69 billion last quarter, which culminated in its gove…
Zinya Salfiti
2 mins read
US stocks trade mixed as investors assess banking turmoil after UBS takeover of Credit Suisse
Regional bank shares remained under pressure as investors eye further contagion risk. First Republi…
Morgan Chittum
1 min read
Credit Suisse asks central bank for a show of support, but Swiss National Bank stays quiet
Credit Suisse also sought public support from Finma, but neither the central bank or Swiss regulato…
Filip De Mott
5 mins read
UBS is officially buying Credit Suisse in a historic rescue deal. This is how we got here.
The Swiss giant has weathered a slew of scandals in recent years, and investors are jittery after t…
Theron Mohamed
2 mins read
Credit Suisse shares tumble more than 20%, leading a plunge in European bank stocks
US-listed shares of Credit Suisse slid 21.9% to $1.96 in pre-market trading, hitting a record low o…