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Credit Suisse Group AG
Credit Suisse crisis
UBS to explore Credit Suisse deal in crisis combination
The boards at Switzerland’s top two banks expect to meet separately this weekend to weigh the idea of a combination.
March 18, 2023
Credit Suisse crisis
Credit Suisse-UBS deal is regulators' 'Plan A,’ FT says
Credit Suisse is working on a turnaround after being buffeted by deposit withdrawals and a stock slide.
March 18, 2023
Credit Suisse crisis
JPMorgan analysts see Credit Suisse takeover as likely scenario
A takeover — with rival UBS Group AG a probable suitor — seemed the most likely of three scenarios proposed.
March 16, 2023
Zest
SVB collapse unlikely to cause systemic risk, say analysts
Analysts also largely agree SVB is unlikely to impact markets the way the Global Financial Crisis did in 2008.
March 16, 2023
Credit Suisse crisis
Everything fine at Credit Suisse, Saudi National Bank head says
“We were never asked, and to my knowledge, there has never been any assistance sought,” Al Khudairy said.
March 16, 2023
Credit Suisse crisis
Credit Suisse more relevant in India than SVB, Jefferies says
Credit Suisse owns more than 200 billion rupees ($3.23 billion) of assets in India, making it the 12th largest offshore lender.
March 16, 2023
US Economy
Goldman raises US recession probability to 35% on banking stress
Goldman’s proprietary indicators of activity growth still remain positive.
March 16, 2023
Credit Suisse crisis
Credit Suisse revamp jeopardised as market's confidence collapses
A day after the bank's CEO pleaded for patience, shares of Swiss the lender suffered their worst slump ever.
March 16, 2023
Credit Suisse crisis
Asian bank selloff resumes with Credit Suisse as fresh trigger
Investors are on tenterhooks as Credit Suisse’s troubles add to concerns about stress in the global banking system.
March 16, 2023
Credit Suisse crisis
Credit Suisse erupts into full-blown crisis as rivals back away
The stock fell as much as 31%, hitting record lows.
March 16, 2023