Welcome!
Credit Suisse Group AG
Zest
Goldman's COO says smaller banks to need more capital after crisis
Waldron also told German paper Handelsblatt that he expects market volatility to remain high in the short term.
March 22, 2023
Credit Suisse crisis
Swiss government suspends some Credit Suisse bonuses after UBS takeover
The nation’s governing federal council said in a statement it’s invoking the Swiss Banking Act.
March 22, 2023
Zest
How Asian investors can navigate bank turmoil
Bloomberg spoke to personal finance experts about how to manage your money — and your stress levels — during these volatile times.
March 22, 2023
Credit Suisse crisis
Credit Suisse bankers flood headhunters from Singapore to London with calls after rescue
One firm in Singapore handled questions from some 30 mostly Credit Suisse private bankers about available jobs on Monday.
March 21, 2023
Credit Suisse crisis
Credit Suisse acquisition expected to be accretive to UBS's EPS by 2027
The transaction will “preserve” the value left in Credit Suisse’s business while limiting UBS’s downside exposure: UBS chairman.
March 20, 2023
Credit Suisse crisis
Credit Suisse to continue operating in Singapore with 'no interruptions or restrictions': MAS (Update)
The takeover is not expected to impact the stability of Singapore’s banking system, says MAS.
March 20, 2023
Credit Suisse crisis
UBS offers to buy Credit Suisse for up to US$1 bil: FT
With a price of 0.25 Swiss francs a share to be paid in UBS stock, the offer is far below Credit Suisse’s closing price.
March 19, 2023
Credit Suisse crisis
BlackRock not working on rival bid for Credit Suisse
“BlackRock is not participating in any plans to acquire all or any part of Credit Suisse, and has no interest in doing so."
March 18, 2023
Credit Suisse crisis
UBS seeks Swiss backstop in any Credit Suisse deal
UBS is discussing scenarios in which the government would take on certain legal costs or other specific losses in any deal.
March 18, 2023
Zest
Bank turmoil poses US$600 bil question for battered investors
Are the half-dozen banks in the spotlight outliers or a warning sign of a wider malaise in the financial sector?
March 18, 2023