All Strange Things About India and world
Some in the industry play down the risks of another SVB-style downfall spurred by social media.(File)Washington: The speed at which depositors fled Silicon Valley Bank this month – withdrawing $42…
Credit Suisse’s rescue appeared to have assuaged the worst fears of systemic contagion.Shares of U.S. regional lenders including battered First Republic Bank surged on Tuesday as fears of a wider…
Clients at the event were “by and large supportive” of the bank.Hong Kong: Days after it was rescued in an emergency buyout, Credit Suisse gathered hundreds of clients in an…
UBS was being urged by the authorities to get a deal over the line.Bern: UBS has agreed to take over its troubled Swiss rival Credit Suisse after doubling its offer…
Credit Suisse closed down 8% to 1.86 francs at the close on FridayUBS Group AG is offering to buy Credit Suisse Group AG for as much as $1 billion, a…
UBS would require public guarantees to cover legal costs and potential losses, reportZurich, Switzerland: UBS was up against the clock Sunday in talks to finalise a mammoth takeover of its…
The goal is for an announcement of a deal between the two banks by Sunday eveningUBS Group AG is exploring an acquisition of all or parts of Credit Suisse Group…