credit suisse ubs

UBS Group is preparing to reduce more than half of the Credit Suisse Group's workforce following the emergency takeover of the bank. The impact of these job cuts is expected to be felt primarily by bankers, traders, and support staff in…

The chairman of Credit Suisse apologized Tuesday to shareholders for failures of the once-venerable bank and acknowledged the shock and anger felt as the troubled Swiss lender is set to be swallowed up by rival UBS in a…

Swiss bank Credit Suisse Chairman Axel P. Lehmann speaks during the annual shareholders’ meeting of the Swiss banking group, in Zurich, Switzerland on Tuesday, April 4, 2023. | Photo Credit: AP The chairman of Credit Suisse apologised on…

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 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 biggest shareholder. Logos of Swiss banks UBS and Credit Suisse are…

Credit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank and regulators urged it to pursue a deal with Swiss rival UBS AG.Credit Suisse Chief Financial Officer Dixit Joshi and his…