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Credit Suisse Shares Dip By 64% Post Takeover By Biggest Swiss Bank

UBS shares plunged by almost nine percent as markets opened Monday, a day after the announcement it will take over its troubled Swiss rival Credit Suisse for $3.25 billion. ....

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What Has Happened With Credit Suisse and Why is UBS Buying It?

UBS agreed to buy troubled smaller banking rival Credit Suisse on March 19 in a $3.2 billion deal with with Swiss authorities expected to change the country’s laws to bypass a shareholder vote. ....

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Biggest Swiss Bank Doubles Its Offer, Agrees To Buy Credit Suisse: Report

UBS has agreed to take over its troubled Swiss rival Credit Suisse after doubling its offer to $2 billion, the Financial Times reported amid urgent talks Sunday aimed at sparing the embattled bank from a bloodbath when the markets reopen. ....

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Biggest Swiss Bank UBS Agrees To Buy Crisis-Hit Credit Suisse In Historic Deal

UBS will take over stricken rival Swiss bank Credit Suisse for "a merger consideration of three billion Swiss francs", ($3.24 billion), Credit Suisse said in a statement Sunday following intense talks in Bern. ....

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