UBS Group AG offers to buy Credit Suisse for up to $1 billion: Report
The all-share deal was set to be signed as soon as Sunday, reported Financial Times.
Source: livemint.com
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Credit Suisse, UBS crunch talks; US bank fallout: What you need to know
(Reuters) - UBS AG is asking the Swiss government to cover about $6 billion in costs if it were to buy rival Credit Suisse, a person with knowledge of the talks said, as the two
Source: oann.com
UBS offers to buy Credit Suisse for up to $1 billion, Financial Times reports
By Stefania Spezzati, Oliver Hirt and John O'Donnell
Source: gazette.com
Credit Suisse's First Boston plan in doubt amid crisis talks -Bloomberg
(Reuters) - Credit Suisse's plan to spin off its investment bank under the First Boston brand are being thrown into doubt by takeover talks, Bloomberg News reported on Sunday. UBS is showing little appetite for
Source: oann.com
Credit Suisse's 9,000 Job Cuts Are Foretaste of UBS Takeover
(Bloomberg) -- Even before Credit Suisse Group AG was forced into crisis talks over the weekend, the Swiss lender was in the process of cutting 9,000 jobs in an effort to save itself. That’s only the beginning should the firm be pushed into a takeover by rival UBS Group AG, according to people familiar with the discussions, with one person estimating the final toll could be a multiple of that number. The two lenders together employed almost 125,000 people at the end of last year, with about 30% of that in Switzerland. Government-brokered talks to contain the crisis of confidence that has gri...
Source: swissinfo.ch