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   
BING NEWS:
  • UBS Buybacks Are at Risk From Swiss Capital Rules, KBW Says
    New bank capital rules recently put forward by Switzerland may crimp UBS Group AG’s ability to carry out share buybacks, weakening the firm’s appeal for investors, according to KBW analysts.
    04/25/2024 - 9:08 pm | View Link
  • UBS flags 'serious' concern about new Swiss capital requirements
    UBS executives on Wednesday told shareholders that the bank has major concerns about the Swiss government's recently announced plan to hit the country's largest lender with tougher capital ...
    04/24/2024 - 3:33 am | View Link
  • UBS’s Swiss Rivals Hope Credit Suisse Hires Will Win Wealthy Clients
    UBS gained more than 1,500 client advisors from Credit Suisse but lost around 500 of them during and in the aftermath of the crisis period, Chief Executive Sergio Ermotti said during the bank’s ...
    04/22/2024 - 4:45 am | View Link
  • UBS to face tougher rules in Swiss response to Credit Suisse rescue
    You need to be a subscriber to view this content.
    04/12/2024 - 1:00 pm | View Link
  • UBS faces tougher rules in Swiss response to Credit Suisse rescue
    By Noele Illien, Oliver Hirt and Stefania Spezzati BERN (Reuters) -Switzerland's UBS and three other systemically relevant banks must face tougher capital requirements, the Swiss government said on ...
    04/10/2024 - 5:39 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News