Credit Suisse takeover

Investors in Asia are joining international lawsuits against the Swiss government for its handling of affairs during the takeover of Credt Suisse, the iconic but troubled bank. Authorities in Switzerland forced Credit Suisse to merge with…

The hastily arranged alliance of Credit Suisse and UBS could trigger a loss of 36,000 jobs across the world, according to German media. The management brought in to wade through the stormy waters of the merger may be looking to cut between…

The hastily arranged alliance of Credit Suisse and UBS could trigger a loss of 36,000 jobs across the world, according to German media. The management brought in to wade through the stormy waters of the merger may be looking to cut between…

UBS said Wednesday that it's bringing back former CEO Sergio Ermotti to lead the Swiss bank as it moves forward with a government-orchestrated plan to take over struggling rival Credit Suisse.Ermotti, who was the bank's top executive for…

UBS on Sunday (March 19) agreed to buy the troubled rival bank Credit Suisse for $3.25 billion after the two banks held marathon talks, the Financial Times reported.Last week, Credit Suisse shares lost a quarter of their value. On Friday,…

UBS’s emergency takeover of its troubled Swiss rival Credit Suisse, with significant backing and arm-twisting from Bern, sparked fears Monday it could weaken the country’s biggest bank and financial sector as a whole.Switzerland was in…

Shares of Credit Suisse plunged 60.5 per cent on Monday after banking giant UBS said it would buy its troubled Swiss rival for almost US$3.25 billion in a deal orchestrated by regulators to try to stave off further turmoil in the…

UBS has offered to buy the troubled rival bank Credit Suisse for up to $1 billion, according to a report by the Financial Times on Sunday (March 19). The report said that the proposed all-share deal between Switzerland's two biggest banks…

ZURICH: UBSwas up against the clock Sunday in talks to finalise a mammoth takeover of its troubled rival Swiss bank Credit Suisse and reassure investors before the markets reopen.Switzerland's biggest bank UBS is being urged by the…