UBS
Credit Suisse to Reschedule Quarterly Earnings Report, Raises Concerns by Removing Opportunity for Questions
Photo by Jan Huber on Unsplash Credit Suisse has announced that it will be presenting its quarterly earnings report three days ahead of schedul…
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UBS
Credit Suisse bailout rejected by Swiss parliament: what's next?
The government’s handling of the Credit Suisse meltdown was rejected by a frosty parliament this week during an extraordinary session on the historic…
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FINMA
The Cost of Switzerland's Emergency Rescue of Credit Suisse: $13,500 Per Person
Photo by Claudio Schwarz on Unsplash Switzerland's Corporate Rescue: A Costly Solution with a Limited Risk "Switzerland's Costly Corp…
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FINMA
Swiss regulator defends controversial $17 billion writedown of Credit Suisse bonds
Swiss regulator FINMA has defended its decision to instruct Credit Suisse to write down its AT1 bonds, calling it a "viability event". The …
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Saudi Arabia
Saudi National Bank's Growth Strategy Unaffected by Reduced Valuation on Credit Suisse Investment
. Photo by Hala AlGhanim on Unsplash Saudi National Bank, the largest bank in Saudi Arabia, has announced that its growth strategy will not be affe…
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Switzerland
Credit Suisse writes down $17 billion of bonds to zero, angering holders
Credit Suisse has written down its Additional Tier 1 (AT1) bonds to zero as part of its takeover by UBS. The Swiss regulator, FINMA, made the decisio…
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UBS
UBS chairman wants to keep Credit Suisse's Swiss unit
UBS Chairman Colm Kelleher has said that the bank is determined to keep Credit Suisse's Swiss unit, following the announcement of the merger betw…
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UBS
UBS Agrees to Buy Credit Suisse for More Than $2 Billion
The Swiss National Bank has offered UBS Group AG around $100 billion in liquidity to help it take on the operations of Credit Suisse Group AG, said…
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