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UBS Chiefs See Risks Ahead in Credit Suisse Takeover
Posted inBanking and Financial Institutions Company Reports Credit Suisse Group AG Kelleher, Colm Swiss Financial Market Supervisory Authority UBS AG

UBS Chiefs See Risks Ahead in Credit Suisse Takeover

The Swiss bank tells shareholders “so many questions remain unanswered.”
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Posted by By Michael J. de la Merced
Investors Greet Emergency Credit Suisse Deal Warily
Posted inBanking and Financial Institutions Credit and Debt Credit Suisse Group AG Federal Reserve System Government Bonds Standard & Poor's 500-Stock Index Stocks and Bonds Swiss Financial Market Supervisory Authority UBS AG United States

Investors Greet Emergency Credit Suisse Deal Warily

Swiss regulators announced that UBS, Switzerland’s largest bank, would take over the troubled Credit Suisse.
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Posted by By Joe Rennison
UBS Nears Deal to Buy Credit Suisse
Posted inBanking and Financial Institutions Credit Suisse Group AG Saudi National Bank Silicon Valley Bank Swiss Financial Market Supervisory Authority Swiss National Bank Switzerland UBS AG

UBS Nears Deal to Buy Credit Suisse

The Swiss government is close to announcing a deal for UBS to buy Credit Suisse, its smaller rival, for about $1 billion.
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Posted by By Andrew Ross Sorkin Michael J. de la Merced and Maureen Farre
Credit Suisse to Borrow as Much as $54 Billion From Swiss Central Bank
Posted inBanking and Financial Institutions Credit Suisse Group AG Finances Greensill Capital Saudi National Bank Swiss Financial Market Supervisory Authority Swiss National Bank

Credit Suisse to Borrow as Much as $54 Billion From Swiss Central Bank

The Swiss lender had ended Wednesday fighting for its life, with shares at a record low and the cost to insure against a default the highest ever. The loan is an effort to avert further damage.
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Posted by By Andres R. Martinez

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