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Switzerland's parliament has formally agreed to establish a parliamentary commission (PUK) to look into Credit Suisse's collapse and rescue in a deal engineered by Swiss authorities, the legislative b
UBS expects to finalize its agreement with the Swiss government to cover up to 9 billion Swiss francs ($9.92 billion)in losses from its emergency takeover of Credit Suisse by June 7, the Swiss bank sa

Credit Suisse: It Is Over

12:46am, Tuesday, 06'th Jun 2023
The Saudi National Bank, Credit Suisse's largest shareholder, decided not to leave Zurich and plans to convert its 9.88% equity stake into UBS securities. The Swiss government was forced to implement
UBS Group said it expects to complete its acquisition of Swiss peer Credit Suisse Group as early as June 12.
UBS Group takeover of Credit Suisse , arranged by the Swiss authorities to stave off a broader banking crisis, is set to become official as early as June 12, the bank said on Monday.
UBS said on Monday it will complete its takeover of Credit Suisse "as early as June 12", creating a giant Swiss bank with a balance sheet of $1.6 trillion following a government-backed rescue earlier
UBS Group AG is looking to retain more than 100 Credit Suisse Group AG investment bankers across Asia, as the Swiss banking giant plans to shore up talent in markets where its rival has a stronger pre
UBS is reportedly considering delaying its financial results from July 25 to late August due to the complex issues involved in the takeover of Credit Suisse.
UBS is considering delaying its second-quarter results as long as possible as the bank deals with the financial and political complexities of its rescue of Credit Suisse , the Financial Times reported
How rules are applied to banks and the calculation of their liquidity buffers should be reviewed following recent turmoil in the banking sector, Klaas Knot, chair of the G20's Financial Stability Boar
Credit Suisse has repaid the liquidity it borrowed from a 100 billion Swiss franc ($112.50 billion) lifeline backed by government guarantees, Swiss Finance Minister Karin Keller-Sutter said in an inte
Swiss National Bank Chairman Thomas Jordan on Wednesday defended recent interest rate hikes to tackle inflation, saying they were neither damaging for Swiss financial stability nor responsible for the
Hundreds of Credit Suisse 's employees are resigning each week in a sign of uncertainty gripping the lender while it is being taken over by rival UBS , two people familiar with the matter said on Wedn
Credit Suisse has scrapped plans to set up a locally incorporated bank in China to avoid a potential regulatory conflict arising as a result of its merger with UBS , said two sources with direct knowl
A Singapore court has ordered a unit of Credit Suisse Group to compensate Georgian businessman Bidzina Ivanishvili for its failure in safeguarding the plaintiff's assets.
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