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Credit Suisse and UBS Merger Could Cost 36,000 Jobs: Report
Before the merger, UBS and Credit Suisse had employed slightly more than 72,000 and 50,000 people, respectively.
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Credit Suisse Shares Dip By 64% Post Takeover By Biggest Swiss Bank
UBS shares plunged by almost nine percent as markets opened Monday, a day after the announcement it will take over its troubled Swiss rival Credit Suisse for $3.25 billion.
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Actor Sharon Stone Claims She Lost Half Her Money In Recent Banking Crisis
Actor Sharon Stone recently revealed that she was financially affected because of the recent banking crisis in the United States.
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Switzerland's Biggest Banks In Spotlight Over Likely "Merger Of Century"
UBS was up against the clock Sunday in talks to finalise a mammoth takeover of its troubled rival Swiss bank Credit Suisse and reassure investors before the markets reopen.
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Credit Suisse Erupts Into Full-Blown Crisis As Rivals Back Away
The long-brewing troubles at Credit Suisse Group AG exploded into a full-blown crisis Wednesday as its stock and bonds cratered and some of the world's biggest banks raced to shield their finances from the potential fallout.
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Credit Suisse Guilty Plea has Little Immediate Impact as Shares Rise
The bank's guilty plea resolves its long-running dispute with the United States over the probe and marks a rare criminal indictment for a major financial institution.
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Credit Suisse and UBS Merger Could Cost 36,000 Jobs: Report
Before the merger, UBS and Credit Suisse had employed slightly more than 72,000 and 50,000 people, respectively.
-
Credit Suisse Shares Dip By 64% Post Takeover By Biggest Swiss Bank
UBS shares plunged by almost nine percent as markets opened Monday, a day after the announcement it will take over its troubled Swiss rival Credit Suisse for $3.25 billion.
-
Actor Sharon Stone Claims She Lost Half Her Money In Recent Banking Crisis
Actor Sharon Stone recently revealed that she was financially affected because of the recent banking crisis in the United States.
-
Switzerland's Biggest Banks In Spotlight Over Likely "Merger Of Century"
UBS was up against the clock Sunday in talks to finalise a mammoth takeover of its troubled rival Swiss bank Credit Suisse and reassure investors before the markets reopen.
-
Credit Suisse Erupts Into Full-Blown Crisis As Rivals Back Away
The long-brewing troubles at Credit Suisse Group AG exploded into a full-blown crisis Wednesday as its stock and bonds cratered and some of the world's biggest banks raced to shield their finances from the potential fallout.
-
Credit Suisse Guilty Plea has Little Immediate Impact as Shares Rise
The bank's guilty plea resolves its long-running dispute with the United States over the probe and marks a rare criminal indictment for a major financial institution.
