Credit Suisse Group

CNN  —  BERLIN -— Switzerland has instructed Credit Suisse to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether those…

Switzerland’s Federal Prosecutor has opened an investigation into the state-backed takeover of Credit Suisse (AMJL) by UBS Group, the office of the attorney general said Sunday.…

Hong Kong/London CNN  —  UBS is bringing back its former chief executive, Sergio Ermotti, to manage the hugely complex and risky task of completing the bank’s emergency takeover…

London CNN  —  Europe’s banking stocks tumbled Friday as investors acted on their lingering worries that the recent crises at some banks could spill over into the wider sector.…

London CNN  —  Switzerland’s banking crisis has been halted, the country’s central bank said Thursday as it hiked interest rates for the fourth time in a bid to contain…

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Even before Credit Suisse Group AG’s government-brokered takeover, the Swiss lender was in the process of cutting 9,000 jobs in an effort to save itself.That’s only the beginning after rival UBS Group AG agreed to buy the troubled bank,…

<!-- -->Credit Suisse closed down 8% to 1.86 francs at the close on FridayUBS Group AG is offering to buy Credit Suisse Group AG for as much as $1 billion, a deal that the troubled Swiss firm is pushing back on with backing from its…

UBS Group AG is in discussions to take over all or part of Credit Suisse, the Financial Times reported on Friday, after an emergency funding lifeline failed to restore investor confidence in the smaller Swiss bank.The boards of…

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