Swiss regulator defends controversial $17 billion writedown of Credit Suisse bonds
Swiss regulator FINMA on Thursday defended its decision to instruct Credit Suisse to write down its AT1 bonds — a…
Fail or sale? What could be next for stricken Credit Suisse
Credit Suisse may have received a liquidity lifeline from the Swiss National Bank, but analysts are still assessing the embattled…
UBS offers to buy Credit Suisse for ‘substantially’ more than $1 billion, sources say
Swiss banking giant UBS on Sunday has entered talks to buy its embattled rival Credit Suisse for “substantially” more than…
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…
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…
