Credit Suisse Monday introduced greater than 61 billion Swiss francs (practically $69 billion) have been withdrawn within the first quarter of this 12 months, marked
Tag: credit suisse
Credit Suisse takeover prevented Swiss economy collapse: Minister
Finance Minister Karin Keller-Sutter mentioned Sunday that Switzerland’s economic system would in all probability have collapsed if Credit Suisse had gone bankrupt. Keller-Sutter advised an
UBS assures investors shotgun Credit Suisse takeover can pay off
UBS executives Wednesday sought to guarantee buyers that Switzerland’s largest financial institution could make its surprising takeover of Swiss rival Credit Suisse work and payoff
Swiss regulators defend Credit Suisse’s takeover, want more power
The Swiss monetary regulator Wednesday defended the rescue of Credit Suisse via a controversial takeover by rival financial institution UBS as the most effective answer
Credit Suisse chair says ‘truly sorry’ as shareholder fury grows
The chairperson of Credit Suisse stated Tuesday he was “truly sorry” as he apologized to shareholders for the failures of the once-venerable financial institution, acknowledging
‘Up to 30% of jobs may go in UBS-Credit Suisse merger’
The merger between banks Credit Suisse and UBS may minimize as much as 36,000 jobs worldwide, the SonntagsZeitung weekly reported Sunday. The Swiss authorities rapidly
UBS brings back Ermotti as CEO to steer Credit Suisse takeover
UBS Group AG on Wednesday introduced it was rehiring Sergio Ermotti as CEO to steer its large takeover of neighbor Credit Suisse – a shock
Saudi National Bank chief resigns after Credit Suisse storm
The chairperson of Saudi National Bank has resigned, a press release stated Monday, practically two weeks after his feedback on Credit Suisse despatched the Swiss
Focus shifts to Fed, US banks as fears of imminent crisis ease
Following a turbulent 10 days, culminating within the 3 billion Swiss francs ($3.2 billion) Swiss-regulator-engineered takeover of Credit Suisse by its rival UBS, the eye
Inside Swiss’ Credit Suisse rescue that jolted global finance
Switzerland’s political elite was secretly making preparations that may shock the world within the days main as much as a unexpectedly organized press convention held