Tag: CreditSuisse
Credit Suisse: Fear of contagion
Credit Suisse is now being taken over by its competitor UBS – to prevent chaos on the financial markets. But the difficulties of the major Swiss bank could still have…
Credit Suisse and the crisis in the Swiss financial center – Economy
From Isabel Pfaff, Berne Efforts to rescue the struggling bank Credit Suisse (CS) kept the Swiss government, financial regulators and major banks in suspense all weekend. On Sunday evening it…
Credit Suisse: fear of contagion – Economy
The weekend thing is also reminiscent of the financial crisis fifteen years ago: Back then, in 2008, politicians and supervisors were often able to save themselves on Saturday and the…
Credit Suisse: cracks in Swiss self-confidence – economy
At least two days are engraved in the collective memory of the Swiss: October 2, 2001, when the national airline Swissair was grounded, and October 16, 2008, when Switzerland saved…
Credit Suisse: Chronicle of a Heralded Decline – Economy
From Isabel Pfaff, Berne It once looked as if one major Swiss bank could swallow the other. It was 2008, the financial crisis triggered by the US bank Lehman Brothers…
Banking crisis “Credit Suisse has long been a case for the intensive care unit – economy
The major Swiss bank Credit Suisse is reeling, there is a bankruptcy in the USA – the banking system is in crisis again. Banking expert Martin Hellwig, 73, former director…
UBS offers up to $1 billion for Credit Suisse – Economy
What a takeover of Credit Suisse by its rival UBS would mean The newly created company could become a mega-bank with total assets more than twice the size of Switzerland’s…
US economist Roubini calls for the Credit Suisse economy to be split up
Star economist Nouriel Roubini is known for making gloomy predictions about the future. This has earned him the nickname “Dr. Doom”. Roubini sees signs of a new economic crisis in…
Possible banking merger: what a takeover of Credit Suisse by its rival UBS would mean
The newly created company could become a mega-bank with total assets more than twice the size of Switzerland’s gross domestic product. source site
Switzerland: Big bank UBS is considering takeover of Credit Suisse
Do the taxpayers have to do it again? In the US, the next bank needs to be rescued. In Europe, Credit Suisse is reeling. Investors withdraw their money. It is…