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March 20, 2023
By John O'Donnell and Stefania Spezzati LONDON (Reuters) -UBS Group has emerged as Switzerland’s one and only global bank with a state-backed rescue of
March 20, 2023
BERN (Reuters) - UBS agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) in stock and agreed to assume up to 5 billion
March 20, 2023
ZURICH — Credit Suisse and UBS could benefit from more than 260 billion Swiss francs ($280 billion) in state and central bank support, a third of the country’s…
March 20, 2023
By Noel Randewich, Medha Singh and Ankika Biswas (Reuters) - Shares of U.S. lender First Republic tumbled nearly 50% on Monday on fears it will need a
March 19, 2023
By Stefania Spezzati, Oliver Hirt and John ODonnell
March 19, 2023
By Stefania Spezzati, Oliver Hirt and John O'Donnell (Reuters) - UBS AG is asking the Swiss government to cover about $6 billion in costs if it were to buy Credit Suisse, a person with knowledge
March 19, 2023
By Stefania Spezzati, Oliver Hirt and John ODonnell
March 19, 2023
BERN (Reuters) - UBS agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) in stock and agreed to assume up to 5 bil...
March 19, 2023
FRANKFURT (Reuters) - Swiss authorities are examining imposing losses on Credit Suisse bondholders as part of a rescue of the bank, two sources with knowledge of the matter said on Sunday. | 10:07am
March 19, 2023
UBS sealed a deal to buy Credit Suisse to avoid further market-shaking turmoil in global banking. Read more