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$47.32
-0.84 (-1.74%)
At Close: Jun 03, 2026
Credit Suisse Takeover by UBS Is a Bailout: El-Erian
05:26pm, Sunday, 19'th Mar 2023
Mohamed El-Erian, president at Queens College Cambridge and Bloomberg Opinion columnist, says of UBS Group AG's deal to purchase Credit Suisse Group AG "yeah, it was a bailout," but, "of the available
UBS Chair Kelleher: Too Early to Tell on Job Cuts
05:23pm, Sunday, 19'th Mar 2023
UBS Group AG Chairman Colm Kelleher says it's too early to tell if there will be job cuts after taking over Credit Suisse. He answers a question from Bloomberg's Francine Lacqua at a news conference i
Swiss Finance Minister: UBS Buying Credit Suisse Is Not a Bailout
05:01pm, Sunday, 19'th Mar 2023
Swiss Finance Minister Karin Keller-Sutter says UBS taking over Credit Suisse is not a bailout. She speaks in Bern, Switzerland.
UBS to Purchase Credit Suisse in Deal to End Crisis
04:56pm, Sunday, 19'th Mar 2023
UBS Group Chairman Colm Kelleher announces details of the firm's agreement to buy Credit Suisse Group AG. The Swiss bank is paying more than $2 billion for its rival in an all-share deal priced at a f
UBS agrees to buy troubled Credit Suisse for more than $2B to ‘secure financial stability'
04:46pm, Sunday, 19'th Mar 2023
The Swiss National Bank announced the deal on Sunday, saying that it would “secure financial stability and protect the Swiss economy.”
Berset: UBS Buying Credit Suisse Was 'Best Solution'
04:30pm, Sunday, 19'th Mar 2023
Swiss President Alain Berset says UBS buying Credit Suisse for $3.25 billion was the best solution for the banks and the Swiss economy. He speaks in Bern, Switzerland.
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
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
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.
