Tag: Suisse
Commentary: The Credit Suisse fiasco calls for stricter rules – Economy
As of today, the scandalous bank Credit Suisse is history, swallowed up by rival UBS and narrowly avoiding an uncontrolled bankruptcy. The fact is, however, that the merged bank is…
UBS completes acquisition of Credit Suisse
Status: 06/12/2023 10:08 a.m According to UBS, the takeover of the major bank Credit Suisse has been completed. After the merger, around 120,000 people will work for the new UBS…
UBS completes takeover: That’s it, Credit Suisse – Economy
The merger of the major Swiss banks is complete. “UBS has completed the legal process of taking over Credit Suisse (CS),” says an open letter that the now only major…
The end of Credit Suisse: how could that have happened? – Business
The Swiss parliament wants to examine closely whether everything was right when the state ordered UBS to take over Credit Suisse in March. Credit Suisse’s days are truly numbered. On…
UBS almost there with Credit Suisse
Status: 05.06.2023 12:10 p.m The largest bank takeover since the financial crisis 15 years ago is about to be completed. In a few days, Credit Suisse should be merged into…
Credit Suisse is to pay compensation to Georgia’s former prime minister
Status: 05/26/2023 12:37 p.m The major bank Credit Suisse has again been sentenced to pay high damages to the Georgian billionaire Bidzina Ivanishvili. The former prime minister had already won…
Acquisition: Approved by the EU Commission: UBS takes over Credit Suisse
takeover Approved by the EU Commission: UBS takes over Credit Suisse The EU Commission sees no concerns about the takeover of Credite Suisse by UBS. photo © Michael Buholzer/KEYSTONE/dpa Credite…
Credit Suisse: Did UBS Get a Bargain? – Business
If you believe Sergio Ermotti, the old and new head of the Swiss bank UBS, then the country’s largest financial institution sacrificed itself in the takeover of its struggling rival…
Credit Suisse: Quarterly figures show how badly the bank is bleeding out – economy
The primary concern was to prevent a financial crisis when the major Swiss bank UBS took over its struggling Swiss rival Credit Suisse on March 19. But it was also…
Credit Suisse: Credit Suisse is bleeding out – economy
The primary concern was to prevent a financial crisis when the major Swiss bank UBS took over its struggling Swiss rival Credit Suisse on March 19. But it was also…