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Mar 28, 2023 · Credit Suisse, a leading Swiss bank, was bought by rival UBS in March 2023 after facing numerous scandals, losses, and a run on deposits. Learn about the events that led to the collapse, the impact on the global financial system, and the future of the bank's employees and clients.
Mar 19, 2023 · Credit Suisse and UBS have entered into a merger agreement on Sunday following the intervention of the Swiss authorities. The merger will provide substantial liquidity to Credit Suisse and restore confidence in the Swiss economy and banking system.
Jun 12, 2023 · UBS has finalized its emergency takeover of fallen rival Credit Suisse, creating a giant Swiss bank with nearly $1.7 trillion in assets in the biggest banking tie-up since the 2008 global...
- 9 min
Mar 19, 2023 · UBS has agreed to buy Credit Suisse after increasing its offer to more than $2bn, with Swiss authorities poised to change the country’s laws to bypass a shareholder vote as they rush to announce...
Jun 12, 2023 · UBS completed its emergency takeover of embattled local rival Credit Suisse on Monday, forging a Swiss banking and wealth management giant with a $1.6 trillion balance sheet.
- Noele Illien
Mar 20, 2023 · Credit Suisse has succumbed to the emerging global banking crisis. That eliminates one major question facing the world’s economies, but there are many others still unresolved.
Jun 14, 2023 · Board of Directors nominations announced for certain Credit Suisse entities, including Credit Suisse AG; UBS expects its CET1 capital ratio throughout 2023 to be around 14%; Zurich, 12 June 2023 – UBS has completed the acquisition of Credit Suisse today, crossing an important milestone.
