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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
Hedge Funds That Bet on Credit Suisse Rescue Face Uneven Results
Posted inBanking and Financial Institutions Bankruptcies Credit and Debt Credit Suisse Group AG Hedge Funds Stocks and Bonds UBS AG

Hedge Funds That Bet on Credit Suisse Rescue Face Uneven Results

Among the funds to bet on the rescue deal were two that specialize in buying the bonds of companies on the brink of bankruptcy.
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Posted by By Joe Rennison
Federal Reserve and Global Central Banks Act to Shore Up Dollar Access
Posted inBanking and Financial Institutions Credit Suisse Group AG Federal Reserve System Inflation (Economics) UBS AG United States Economy

Federal Reserve and Global Central Banks Act to Shore Up Dollar Access

America’s central bank and its counterparts around the world are rushing to cushion markets against the impact of bank problems.
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Posted by By Jeanna Smialek
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

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