UBS will Integrate Credit Suisse in Switzerland…

The banking giant UBS has chosen to “fully integrate” Credit Suisse in Switzerland, whose brand will disappear. A total of 3,000 job cuts are planned. In March, under pressure from…

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UBS Takeover of Credit Suisse Should Proceed Without Political Hurdles

Swiss Finance Minister Karin Keller-Sutter said the multi-billion takeover of Credit Suisse by UBS should move forward smoothly without political hurdles. It is scheduled that the Swiss Parliament will hold…

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The Head of The National Bank of Saudi Arabia Resigned After the “Credit Suisse” Case

Ammar Al-Khudairi, head of the National Bank of Saudi Arabia, who was the majority shareholder in Credit Suisse before its bailout earlier this month, has resigned, according to a statement…

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Credit Suisse Borrows up to 50 Billion from the National Bank to Calm Bank Customers

The Swiss bank Credit Suisse, which has come under pressure, has borrowed CHF 50 billion from the country’s national bank. Federal Finance Minister Lindner emphasizes that the German credit system…

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Credit Suisse’s Descent Causes Panic in European Markets

The Swiss bank, in the grip of great difficulties, fell by nearly 30% on the stock market. Its largest shareholder, the Saudi central bank, rules out supporting the bank further.  Credit…

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Credit Suisse Denies that a Capital Increase is Being Discussed Again

Discussion about a capital increase at Credit Suisse: The Credit Suisse Group is said to be considering a capital increase of possibly more than $1 billion at an “early stage”…

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Microsoft in Rally Celebrates Credit Suisse Upgrade

The decision of Credit Suisse analysts to start the hedge with an “outperform” judgment contributed to assisting the stock of the technology giant. On a weekly basis, the stock’s trend…

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