UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system
UBS agreed to buy its embattled rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) Sunday, with Swiss regulators…
Asia’s regulators say banking system is robust and stable after UBS-Credit Suisse takeover deal
Regulators in Asia issued reassuring statements Monday that their banking systems remained robust and stable after Swiss banking giant UBS…
UBS shares reverse losses, Credit Suisse craters 55% after takeover deal
UBS shares staged a remarkable rally Monday afternoon, reversing steep losses after the bank’s 3 billion Swiss franc ($3.2 billion)…
Saudi National Bank loses over $1 billion on Credit Suisse investment
Saudi National Bank is nursing major losses in the wake of the forced takeover of Credit Suisse by UBS to…
Bitcoin briefly tops $28,000 for the first time in 9 months after bank crisis sparks weekend rally
Bitcoin climbed past the $28,000 level over the weekend as investors rediscover its appeal as an alternative banking system. On…
First Republic continues tanking, but other regional banks are rallying on Monday
Shares of First Republic Bank, which have become the barometer of the regional bank crisis, slid once again Monday after…
Stocks making the biggest moves premarket: First Republic, UBS, Enphase Energy
Check out the companies making headlines before the market’s opening bell. First Republic — The bank tumbled about 19% premarket…
Stocks making the biggest moves midday: First Republic, UBS, Virgin Orbit, Dell and more
Check out the companies making the biggest moves midday: First Republic — Shares tanked 47.11% after Standard & Poor’s cut…
JPMorgan advising First Republic on strategic alternatives, including a capital raise, sources say
JPMorgan Chase is advising embattled First Republic Bank on strategic alternatives, sources told CNBC’s David Faber. The alternatives may include…
