UBS names Sergio Ermotti as new Group CEO, following the acquisition of Credit Suisse
UBS appointed Sergio P. Ermotti as its group Chief Executive Officer following its agreement to acquire Credit Suisse. Harold Cunningham…
Swiss central bank hikes interest rates by 50 basis points despite Credit Suisse turmoil
The Swiss national flag hangs from the Federal Palace, Switzerland’s parliament building, in Bern, Switzerland, on Thursday, Dec. 13, 2018.…
Saudi National Bank to lose $1.2B on Credit Suisse
Saudi National Bank chairman Ammar Al Khudairy’s comments last week may end up being one of the most expensive answers…
Asia regulators say banking system is stable after UBS-Credit Suisse deal
Jakub Porzycki | Nurphoto | Getty Images Regulators in Asia issued reassuring statements Monday that their banking systems remained robust…
UBS agrees $3.25bn rescue deal for rival Credit Suisse
UBS agreed to buy Credit Suisse for $3.25bn after a frantic weekend of negotiations brokered by Swiss regulators to safeguard…
Credit Suisse crisis fuels another weekend of dread as fear of ‘unknown unknowns’ mounts among traders, money managers
6 a.m. wake-up calls. Cancelled tennis dates. Anxious check-ins on bond prices while walking the dog. These are just some…
Switzerland prepares emergency measures to deliver UBS takeover of Credit Suisse
Switzerland is preparing to use emergency measures to fast-track the takeover by UBS of Credit Suisse, according to three people…
UBS reportedly seeks $6 billion in government guarantees for Credit Suisse takeover
UBS reports its latest earnings FABRICE COFFRINI | AFP | Getty Images UBS is asking the Swiss government to cover…
BlackRock explored rival Credit Suisse takeover bid
BlackRock drew up a rival bid for Credit Suisse that would trump a plan blessed by the Swiss central bank…