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
Tag: SWITZERLAND
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
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
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
Shotgun bank merger triggers political backlash in Switzerland
Switzerland’s two largest political events sharply criticized the UBS takeover of Credit Suisse saying multibillion state help for the deal created monumental dangers for the
Shares plummet after UBS’s historic takeover of Credit Suisse
Shares of Credit Suisse plunged 63% in early buying and selling Monday after the announcement that banking large UBS would purchase its troubled rival for
‘Incredible work’ in Türkiye earthquake rescue: Swiss academic
Rescue groups have performed “incredible work” within the aftermath of the dual earthquakes that hit Türkiye and Syria on Feb. 6, a Swiss tutorial mentioned.
Swiss gold shipments to Türkiye most since 2012 to top $3.6B in Jan.
Switzerland despatched 58.3 tons of gold value 3.3 billion Swiss francs ($3.6 billion) to Türkiye in January, by far probably the most for any month