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At Close: Sep 08, 2023
Canada's banking regulator reaffirms creditor hierarchy after Credit Suisse deal angers bondholders
06:14pm, Monday, 20'th Mar 2023
Canada's banking regulator said on Monday that those who hold Additional Tier 1 (AT1) and Tier 2 debt will be entitled to a more favorable outcome if a bank runs into trouble.
European bank CoCos under pressure after Credit Suisse sale to UBS triggers historic loss on specialty bonds
06:14pm, Monday, 20'th Mar 2023 MarketWatch
Risky debt issued by several European banks is under pressure in New York trading on Monday after Credit Suisse, UBS merger triggers a historic bond write down.
UBS-Credit Suisse merger was the right move: Analyst
06:10pm, Monday, 20'th Mar 2023
UBS's (UBS) $3 billion dollar bid to buy Credit Suisse (CS) has rocked the banking space. Shares of Credit Suisse had its largest one-day fall since 2008 as anxiety continues to spread.
What gold's brief rise above $2,000 an ounce means as fears of banking crisis rattle investor nerves
06:09pm, Monday, 20'th Mar 2023 MarketWatch
Gold futures briefly top $2,000 an ounce on Monday to mark their highest intraday price in more than a year, as worries about the banking sector lead to a rise in demand for gold as a safe-haven inves
Somber Mood Sets in for Credit Suisse Employees
05:52pm, Monday, 20'th Mar 2023
Credit Suisse tells its workers it's "business as usual" as they return to offices on Monday around the globe, even after UBS said it's taking over the bank. Bloomberg's Sonali Basak is at Credit Suis
UBS Takes Over Credit Suisse Press Conference
05:52pm, Monday, 20'th Mar 2023
UBS bought Credit Suisse for $3.3 billion to end a bank crisis. The news was announced on March 19 at a press conference in Bern, Switzlerland.
Is KeyCorp the Next Financial Shoe to Drop? Late Earnings Date Raises Concerns
05:52pm, Monday, 20'th Mar 2023 Investing.comBank of America halts trading with Credit Suisse electronic stocks desk -email
05:51pm, Monday, 20'th Mar 2023
Bank of America's electronic stocks desk has trading with a desk at Credit Suisse that uses computer-led strategies, "out of an abundance of caution effective today," an email seen by Reuters on Monda
Today's top headlines: UBS-Credit Suisse deal, Amazon layoffs, Xi-Putin meeting
05:49pm, Monday, 20'th Mar 2023
Yahoo Finance's Seana Smith and Dave Briggs break down the three biggest stories investors were watching on Monday.
10 Things Credit Suisse Is Older Than: Light Bulbs, Telephones, Radios, Sports Leagues And More
05:28pm, Monday, 20'th Mar 2023 Benzinga
One of the biggest stories from the weekend is the buyout of Swiss bank Credit Suisse Group AG (NYSE: CS), one of the oldest banks in the world. Here’s a look at just how old Credit Suisse is.
What
Nasdaq Turns Higher; Credit Suisse Shares Plummet
05:27pm, Monday, 20'th Mar 2023 Benzinga
U.S. stocks traded higher midway through trading, with the Dow Jones gaining more than 400 points on Monday.
The Dow traded up 1.27% to 32,267.56 while the NASDAQ rose 0.28% to 11,663.46. The S&P 500,
Saudi Investors Get Burned on Credit Suisse
04:59pm, Monday, 20'th Mar 2023
Saudi Crown Prince Mohammed bin Salman last year directed government-backed Saudi National Bank to make a $1.5 billion investment in Credit Suisse that his financial advisers harbored doubts about.
UBS stock boosted amid plan to purchase Credit Suisse
04:35pm, Monday, 20'th Mar 2023
Credit Suisse shares continue to plummet while UBS stock experiences a boost amid the latter's purchase plan to bailout Credit Suisse.
PacWest, First Citizens, BankUnited shares lead rebound of regional bank stocks as UBS buys Credit Suisse
03:39pm, Monday, 20'th Mar 2023
SPDR Regional Banking ETF (KRE) advanced as much as 2.1% on Monday, after dropping 14% last week, following the news of a Swiss government-engineered takeover of troubled lender Credit Suisse by UBS.
Credit Suisse memorabilia up for grabs in online shops after merger
03:33pm, Monday, 20'th Mar 2023
Within hours of its state-backed takeover by UBS Group being announced, memorabilia bearing lender Credit Suisse's name and logo was being put up for sale in Switzerland, marking the end of an era.
