You Searched For "credit suisse collapse" and got 17 results
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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
2 mins read
Credit Suisse's top execs could face a probe over their role in the banking giant's collapse, Swiss watchdog says
Credit Suisse was rescued by rival UBS last Sunday, bringing down the curtain on its 167-year histo…
George Glover
3 mins read
Inside the turmoil at Credit Suisse
Credit Suisse is fighting speculation that it could be at risk of a Lehman Brothers-style collapse.…
Lisa Ryan
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
1 min read
Credit Suisse slides 8% as markets fret about the risk of a Lehman Brothers-style collapse
Credit Suisse executives spent the weekend trying to reassure large clients about the bank's health…
George Glover
3 mins read
Credit Suisse rescue: The biggest winners and losers from UBS's historic deal
From UBS itself to Credit Suisse's AT1 bondholders, here are the main winners and losers from the b…
George Glover
2 mins read
Inflation expectations are collapsing and the Fed may be only reading 'half of the story,' Credit Suisse chief stock strategist says
There are two recession indicators flashing, but they may not be as severe as the Fed thinks, Credi…
Jennifer Sor
2 mins read
Bond giants Pimco and Invesco are facing losses of hundreds of millions on rotten Credit Suisse debt
Some of the biggest names in investing held Credit Suisse's AT1 bonds, which were marked down to ze…
George Glover
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 investors exposed to collapsed Greensill Capital fund are facing another $190 million of losses
Credit Suisse investors exposed to funds invested in assets sourced by failed Greensill Capital may…
Emily Graffeo
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
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
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…