: Ubs To Buy Credit Suisse For More Than $3 Billion In Deal Backed By Swiss Government

MarketWatch.com - Top Stories, MarketWatch
Sun, 03/19/2023 - 11:17am

Struggling Swiss banking giant Credit Suisse has agreed to be bought by its arch-rival UBS at a discount to Friday's close price, after seeing a wave of customer deposits exit the bank.

Topics: struggling swiss credit suisse ubs

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BING NEWS:

UBS insists bank not too big after Credit Suisse takeover
UBS completed its emergency takeover of Credit Suisse in June ... stable and invested in the Swiss property market, while the bank had more than US$200 billion in loss-absorbing capital.
09/15/2023 - 12:57 pm | View Link
'UBS has pulled off the deal of the century' with Credit Suisse takeover
Switzerland's largest bank was in March strong-armed into a $3.25b deal Zurich ... in March strong-armed by Swiss authorities into a $3.25-billion takeover of Credit Suisse, to keep its closest ...
09/12/2023 - 8:53 pm | View Link
UBS's Credit Suisse Takeover, 'Deal Of The Century'?
Did banking giant UBS make "the deal of the century" when ... bank was in March strong-armed by Swiss authorities into a $3.25-billion takeover of Credit Suisse, to keep its closest domestic ...
09/11/2023 - 1:00 pm | View Link
UBS made a $29 billion quarterly profit after rescuing Credit Suisse
The $29 billion ... of its Swiss rival in March. The assets of Credit Suisse were worth far more than the $3.25 billion that UBS paid in the government-brokered rescue deal, which meant it could ...
08/31/2023 - 11:57 pm | View Link
UBS Reports Record-Breaking $29 Billion Profit
When UBS agreed to buy its archrival Credit Suisse for a little over $3 billion this spring at the Swiss government’s ... in client assets after the deal.) Shares in the bank closed up more ...
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: Ubs To Buy Credit Suisse For More Than $3 Billion In Deal Backed By Swiss Government

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