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At Close: Sep 08, 2023
UBS Will Pay $3 Billion for Credit Suisse
04:28pm, Sunday, 19'th Mar 2023
Swiss banking giant UBS will purchase struggling rival Credit Suisse in a $3 billion government-supported deal. Switzerland's central bank announced the takeover Sunday (March 19), saying the move wou
Credit Suisse Chairman: This Is a Sad and Historic Day
04:19pm, Sunday, 19'th Mar 2023
Credit Suisse Chairman Axel Lehmann says this is a difficult day for the bank and he says bank failures in the US hit at a very inopportune time. He speaks in Bern, Switzerland at a press conference w
Bank of England welcomes Credit Suisse deal, says UK banks are safe
04:12pm, Sunday, 19'th Mar 2023
The Bank of England welcomed moves by the Swiss authorities to broker a take-over by UBS of Credit Suisse on Sunday, indicating it would support approval of the deal, and it said the British banking s
Yellen, Powell and Lagarde praise fast action by Swiss officials to ensure Credit Suisse deal
03:58pm, Sunday, 19'th Mar 2023
U.S. and European officials were quick to praise Swiss authorities for helping hammer out UBS's UBS, -5.50% UBSG, -1.16% $3.25 billion deal to buy embattled rival Credit Suisse AG CS, -6.94% CSGN, -8.
UBS chairman wants to keep Credit Suisse's Swiss unit
03:46pm, Sunday, 19'th Mar 2023
UBS Chairman Colm Kelleher said the bank wants to keep Credit Suisse's Swiss unit, speaking at a news conference announcing the merger between Switzerland's two biggest banks on Sunday.
Bank of England welcomes Credit Suisse-UBS merger
03:41pm, Sunday, 19'th Mar 2023
The Bank of England on Sunday said it welcomed the actions by the Swiss authorities to merge Credit Suisse with UBS Group.
UBS is buying Credit Suisse in bid to halt banking crisis
02:57pm, Sunday, 19'th Mar 2023
Switzerland's biggest bank, UBS, has agreed to buy its ailing rival Credit Suisse in an emergency rescue deal aimed at stemming financial market panic unleashed by the failure of two American banks ea
UBS Agrees To Buy Embattled Bank Credit Suisse, Central Bank Says
02:54pm, Sunday, 19'th Mar 2023
The government-brokered deal is reportedly worth $2 billion.
UBS to take over Credit Suisse - central bank
02:36pm, Sunday, 19'th Mar 2023
UBS will take over Credit Suisse , Swiss authorities said on Sunday, to help rescue the embattled lender.
UBS agrees to buy Credit Suisse as regulators look to shore up global banking system
02:32pm, Sunday, 19'th Mar 2023
Credit Suisse had already been battling a string of losses and scandals, and the last two weeks sentiment was rocked again.
UBS Nearing Deal To Buy Embattled Bank Credit Suisse For Over $2 Billion, Reports Say
02:12pm, Sunday, 19'th Mar 2023
A deal could be announced Sunday—but there's no guarantee UBS will buy its troubled rival.
Saudis, Qataris and Norway to see big losses on UBS deal for Credit Suisse
02:07pm, Sunday, 19'th Mar 2023
It wasn't even six months ago that Saudi National Bank paid $1.5 billion for a 9.9% stake in Credit Suisse.
UBS reportedly reaches deal to buy Credit Suisse for more than $2 billion
01:06pm, Sunday, 19'th Mar 2023
UBS UBS, -5.50% will buy Credit Suisse for more than $2 billion in an all-stock deal, the Financial Times reported, citing people with direct knowledge of the transaction. The 0.50 francs per share UB
UBS agrees to buy Credit Suisse for more than $2 billion, Financial Times reports
01:04pm, Sunday, 19'th Mar 2023
UBS has agreed to buy Credit Suisse after increasing its offer to more than $2 billion, the Financial Times reported on Sunday.
SNB Offers Roughly $100 Billion Liquidity Line to UBS as Part of Credit Suisse Deal, Sources
12:53pm, Sunday, 19'th Mar 2023
The Swiss National Bank has offered UBS Group AG around $100 billion in liquidity to help it take on the operations of Credit Suisse Group AG, according to the people familiar with the matter. Details
