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At Close: Sep 08, 2023
Credit Suisse shares fall to cap rough week
05:23am, Friday, 17'th Mar 2023
Credit Suisse shares CSGN, -4.23% fell 5% in Zurich trade after a flattish start, with attention on the health of the Swiss banking giant. Its stock has dropped 29% this year on worries over its healt
UBS against potential forced merger with Credit Suisse
05:11am, Friday, 17'th Mar 2023
UBS Group AG (NYSE:UBS) and Credit Suisse Group AG (NYSE:CS) are reportedly opposed to the idea of an enforced merger, as authorities in Switzerland play out scenarios for a government-orchestrated ti
Credit Suisse shares shed early gains, tumble 4%
04:36am, Friday, 17'th Mar 2023
Credit Suisse shares were down 4% at 0910 GMT on Friday having opened 1.8% higher in volatile trade.
Credit Suisse's US shareholders file class-action lawsuit against the bank
04:06am, Friday, 17'th Mar 2023
US shareholders of Credit Suisse Group AG (NYSE:CS) filed a class-action lawsuit against the Swiss bank on Thursday, accusing it of defrauding them by hiding issues related to its finances, according
Credit Suisse sees central bank cash as buying time for overhaul- executive tells SRF
03:17am, Friday, 17'th Mar 2023
Credit Suisse sees its access to 50 billion Swiss francs ($53.98 billion) of central bank funding as "precautionary liquidity" to allow the embattled lender to continue its revamp, the head of its Swi
From spying to Swiss bailout: How years of turbulence at Credit Suisse came to a head
02:40am, Friday, 17'th Mar 2023
Credit Suisse received a liquidity lifeline from the Swiss National Bank on Wednesday after its share price plunged to an all-time low.
Credit Suisse, mired in chaos, says it's bullish on Charles Schwab
04:05pm, Thursday, 16'th Mar 2023
Credit Suisse raised its rating on the stock to “outperform” saying it has “overshot to the downside.”
Why Is Credit Suisse in Trouble?
03:16pm, Thursday, 16'th Mar 2023
Here's what you need to know about the turmoil at Switzerland's second-largest bank by assets and what might happen next.
UBS, Credit Suisse Don't Want to Merge
02:54pm, Thursday, 16'th Mar 2023
UBS Group AG and Credit Suisse Group AG are opposed to a forced combination, even as scenario planning for a government-orchestrated tie-up continues, according to people with knowledge of the matt
White House calls Credit Suisse ‘distinct issue,' separate from economic environment
02:50pm, Thursday, 16'th Mar 2023
The Biden administration on Thursday called recent problems at Credit Suisse CH:CSGN a “distinct issue,” and unrelated to “the current economic situation,” after two U.S. banks failed last wee
Credit Suisse: Why it's struggling and why that's a big deal
01:35pm, Thursday, 16'th Mar 2023
Credit Suisse, the 167-year-old bank and the second-largest lender in Switzerland, is in deep trouble.
Credit Suisse Stock Bounces With $54m Lifeline From Swiss National Bank
01:04pm, Thursday, 16'th Mar 2023
The banking whirlwind hasn't stopped for days, with Credit Suisse stock dropping 24.24% on Wednesday after their biggest shareholder, the Saudi National Bank, announced that they wouldn't be providing
Bank Crisis
12:30pm, Thursday, 16'th Mar 2023
As the banking crisis triggered by the collapse of Silicon Valley Bank unfolds, track the latest financial news and analysis. The post Bank Crisis appeared first on Investor's Business Daily.
Credit Suisse facing forced marriage to UBS, broker says
12:21pm, Thursday, 16'th Mar 2023
Credit Suisse Group's (NYSE:CS) troubles will likely lead to a takeover by UBS Group AG (NYSE:UBS), analysts at investment bank JP Morgan believe. In a note to investors, analysts wrote that the e
Credit Suisse Looks for Stability as Bonds Sink
12:12pm, Thursday, 16'th Mar 2023
Credit Suisse Group AG's woes deepened on Thursday, with the cost to insure the bank's debt against default rising as its bonds fell deeper into distress. Bloomberg's Oliver Crook is in Zurich with t
