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Mar 18, 2023 · Credit Suisse was thrown a $54 billion lifeline by the Swiss central bank on Thursday to shore up liquidity after a slump in its shares and bonds intensified fears about a global banking...
Mar 28, 2023 · Credit Suisse, a leading Swiss bank, was bought by rival UBS in March 2023 after facing numerous scandals, losses, and a run on deposits. Learn about the events that led to the collapse, the impact on the global financial system, and the future of the bank's employees and clients.
Dec 19, 2023 · FINMA analyses the causes and consequences of the Credit Suisse crisis, which led to its takeover by UBS in March 2023. It also draws conclusions for its supervisory work and the legal framework for banks.
Mar 16, 2023 · Shares in Credit Suisse surged on Thursday after it agreed to a $53 billion loan from the Swiss central bank. Troubles at Switzerland’s second-biggest lender have sparked fears that banking...
Mar 16, 2023 · Credit Suisse announces its intention to borrow up to CHF 50 billion from the SNB and repurchase up to CHF 8.5 billion of senior debt securities. The bank also provides an update on its strategic transformation and its financial performance.
Mar 19, 2023 · Credit Suisse and UBS have entered into a merger agreement on Sunday following the intervention of the Swiss authorities. The merger will provide substantial liquidity to Credit Suisse and restore confidence in the Swiss economy and banking system.
Oct 27, 2022 · Credit Suisse’s stock fell more than 18 percent on Thursday, as investors absorbed the scale of the firm’s reorganization plans and the amount of capital it was seeking to raise by selling new...
