Tag: credit suisse bank collapse

UBS Chairman Colm Kelleher (R) shakes hands with Credit Suisse chairman Axel Lehmann (L) after a press conference. (AFP)
Posted in Business

Who are the winners and losers of UBS-Credit Suisse deal

UBS Group AG is emerging as a rare winner in Credit Suisse Group AG’s crisis after a historic, government-brokered deal that contains a raft of…

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The illuminated logos of the Swiss banks Credit Suisse and UBS in Zurich, Switzerland. (AP)
Posted in Business

Credit Suisse to assess survival options as regulators push for UBS merger

Credit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank and regulators urged it to pursue…

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Credit Suisse says the merger of the PSU Banks unlikely to revive credit flow.(Reuters photo)
Posted in Business

UBS in talks to acquire embattled Credit Suisse: Report

Switzerland’s largest bank, UBS, is in talks to buy all or part of Credit Suisse, according to a report by the Financial Times. Credit Suisse…

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