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You Searched For "Credit Suisse in trouble" and got 16 results


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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   


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3 mins read

Phil Rosen   


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2 mins read

Tens of thousands of Credit Suisse staffers are about to find out if they still have a job

The coming job cuts at Credit Suisse may even be uglier than you thought as UBS works to integrate …

Jeffrey Cane   


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2 mins read

It's official: UBS to acquire Credit Suisse in historic rescue deal

The Swiss National Bank said in a statement Sunday afternoon that the takeover was made possible by…

Jyoti Mann   


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2 mins read

Swiss prosecutors have opened an investigation into the takeover of Credit Suisse by UBS, report says

Switzerland's Federal Prosecutor told the Financial Times it was looking into potential breaches of…

Ryan Hogg   


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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   


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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   


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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   


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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   


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1 min read

Credit Suisse stock tanks 12% after the troubled Swiss bank racks up a multibillion loss and vows to overhaul its business

The scandal-plagued Swiss bank promised a massive strategic overhaul Thursday after posting a $4 bi…

Ryan Hogg   


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2 mins read

Switzerland may use emergency measures to expedite a deal with UBS and Credit Suisse, reports say

Swiss regulators regard a takeover deal as the only solution following the collapse in confidence i…

Samantha Delouya   


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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   


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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…

Zahra Tayeb   


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2 mins read

Moscow banned UBS and Credit Suisse from selling shares in its subsidiaries after a Russian bank said it would lose money from their exit

The issue arises because of a 2021 syndicated loan granted to a Luxembourg-based agricultural firm.…

Huileng Tan   


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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   


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2 mins read

Credit Suisse shares tumble 55% as its UBS rescue deal fails to calm bank-crisis jitters

Shares in Credit Suisse plummeted, leading stocks in European banks lower as the lender's takeover …

Karen Friar