UBS confident about Credit Suisse deal despite ‘huge’ risk
Headline from The Columbian, on the newest of 3 developments
GENEVA (AP) — The UBS chairman voiced confidence Wednesday that the Swiss bank will succeed in a government-engineered takeover of hobbled rival Credit Suisse, pledging the deal will reduce costs, ben
The Columbian's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Developments in this update
3 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.
Swiss prosecutors probe Credit Suisse ahead of UBS takeover
Headline from WFMZ Allentown ·
The Swiss rage about the demise of Credit Suisse
Headline from The Economist ·
Newest
UBS confident about Credit Suisse deal despite ‘huge’ risk
Switzerland's UBS said Wednesday that it was bringing back one of its own to deal with the challenges facing the banking giant following its $3.2 billion rescue of Credit Suisse 10 days ago.
Analysts say the UBS takeover of embattled rival Credit Suisse has shaken Switzerland’s self-image and dented its reputation as a global financial center. They warn that the country’s prosperity could
Switzerland's Federal Prosecutor has opened an investigation into the state-backed takeover of Credit Suisse by UBS Group, the office of the attorney general said Sunday.
Switzerland's top prosecutor is opening an investigation into the UBS Group's acquisition of Credit Suisse, a storied institution facing complete collapse despite bailouts.
The bank is looking to trim down after the bloating caused by the merger of the two Swiss banking rivals. More than 10,000 jobs are on the chopping block in Switzerland alone.
Swiss federal prosecutors said Sunday that they had begun investigating the UBS takeover of its embattled banking rival Credit Suisse. In an email to AFP,
Switzerland's Federal Prosecutor told the Financial Times it was looking into potential breaches of Swiss criminal law by parties involved in the deal.
The Swiss attorney general’s office says it has opened a probe into the events surrounding embattled bank Credit Suisse, which is to be taken over by rival UBS. Switzerland’s government
Swiss legal authorities said they have launched a probe into possible law-breaking by officials, regulators and executives in the government-brokered rescue of the troubled banking giant Credit Suisse by UBS.
The hastily arranged takeover by Zurich-based UBS, for which Switzerland invoked emergency legislation, bypassed Credit Suisse shareholders, who would otherwise have had a say, and largely wiped ou…
Swiss regulators on Wednesday defended the rescue of Credit Suisse through a controversial takeover by rival bank UBS as the best solution with the least risk of spreading a wider crisis and severely damaging Switzerland’s standing as a financial center.
GENEVA (AP) — The UBS chairman voiced confidence Wednesday that the Swiss bank will succeed in a government-engineered takeover of hobbled rival Credit Suisse, pledging the deal will reduce costs, ben
UBS shareholders get their first chance to grill the bank's bosses Wednesday over its shotgun marriage to Credit Suisse, done in double-quick time behind
UBS holds its annual general meeting on Wednesday morning against a fraught political backdrop following its takeover of fallen rival Credit Suisse, announced last month.
Swiss regulators sought Wednesday to explain the controversial decision made with the government and central bank to sell Credit Suisse to rival UBS for $3.2 billion, imposing massive losses on investors.
Credit Suisse Chairman Axel Lehmann and CEO Ulrich Korner on Tuesday addressed the Switzerland-based bank’s near-collapse and UBS’s planned takeover of it.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
UBS confident about Credit Suisse deal despite ‘huge’ risk | Since Then
