You Searched For "credit suisse ubs" and got 18 results
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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…
3 mins read
UBS' dramatic takeover of Credit Suisse was the deal neither bank wanted. Here are some of the passive-aggressive digs from both sides.
UBS acquired Credit Suisse in a rescue takeover this weekend. But neither side seemed to be too hap…
Matt Turner
1 min read
Moody's downgrades outlook for UBS to negative, after Credit Suisse take over
Rating agency Moody's has cut the outlook on UBS Group's debt to negative following its takeover of…
1 min read
Traders Earning Great Bonuses Through These New Bonds Called CoCos
Quartz gives a good explanation of CoCos, where it is described as a way for a bank to hedge risk. …
1 min read
UBS chairman brings in external consultants for potential merger with Credit Suisse
UBS chairman Axel Weber has brought in external management consultants to help create a potential m…
Kate Duffy
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
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
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
2 mins read
Recruiters worldwide are inundated with calls from anxious Credit Suisse bankers seeking new jobs amid the UBS takeover, report says
Recruiters in London, New York, and Singapore have received many calls from Credit Suisse workers a…
Kate Duffy
3 mins read
'Nobody has a clue what happens next': Industry insiders react to Credit Suisse's rescue takeover by UBS
On a Monday call, the overarching view from executives was that "this is very rushed," and "nobody …
Kate Duffy,Lina Batarags,Huil…
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
2 mins read
A retro red, blue, and white Credit Suisse ski cap is attracting ferocious bids online — and prices are now up to $200
Credit Suisse merch is popping up in online marketplaces following the 167-year-old lender's merger…
Huileng Tan
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
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
2 mins read
UBS acquiring Credit Suisse is 'no bailout' says Swiss finance minister but top economist Mohamed El-Erian disagrees
UBS struck a $3.25 billion Swiss government-brokered deal to acquire its troubled peer Credit Suiss…
Huileng Tan
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
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
3 mins read
Credit Suisse just hired 2 top research analysts away from UBS, and it establishes a clear trend
"Given the increasing convergence and consolidation of these sectors, we believe having a single, c…