Credit Suisse

SINGAPORE: The day-to-day operations of the Singapore entities of UBS and Credit Suisse will not be interrupted by the completion of the takeover involving the two Swiss banks, the Monetary Authority of Singapore (MAS) said on Monday (Jun…

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ZURICH: UBS is set to finalise the takeover of Credit Suisse on Monday (Jun 12), but the hardest part is yet to come - turning the arranged marriage of Switzerland's biggest banks into a success. Reassuring the financial markets,…

ZURICH: UBS and the Swiss government signed on Friday (Jun 9) an agreement to cover up to 9 billion Swiss francs (US$10.00 billion) in losses from its emergency takeover of Credit Suisse, the country's largest bank and the government said.…

ZURICH: UBS said on Monday (Jun 5) it expected to complete its takeover of Credit Suisse "as early as Jun 12", creating a giant Swiss bank with a balance sheet of US$1.6 trillion following a government-backed rescue earlier this year.…

<!-- -->Credit Suisse is listed in New York under a "Depositary Shares" scheme.Switzerland: Battered shares in crisis-hit Credit Suisse no longer meet criteria for listing on the New York Stock Exchange, the bank said Wednesday,…

A court in Singapore on Friday (May 26) ordered fallen banking giant Credit Suisse to pay USD 926 million to a former Georgian prime minister. The payment was ordered as it was determined by the court that Credit Suisse failed in its duty…

<!-- -->Credit Suisse said in a statement it will appeal the decision.Singapore: A Singapore court on Friday ordered Credit Suisse to pay an ex-Georgian prime minister $926 million for failing in its duty to safeguard his assets, in…

A regulatory filing showed on Tuesday (May 16) that banking giant UBS felt that it was rushed into buying rival Credit Suisse in a deal it did not want. UBS told its investors in a filing to US Securities and Exchange Commission that it had…

<!-- -->UBS insisted this week that "all options" would be considered for the Swiss activities of the bank.Zurich, Switzerland: Among the many concerns over the new megabank created by the merger of UBS and the beleagured Credit…