UBS Takeover of Credit Suisse

On the evening of 19 March 2023, UBS announced its intention to fully acquire Credit Suisse in close coordination with the Swiss Financial Market Supervisory Authority (FINMA), the Swiss National Bank (SNB) and the Swiss Confederation. According to the SNB’s press release, the transaction is necessary to secure financial stability and protect the Swiss economy. […]

Current Facts About Credit Suisse

Distortions at the banks in the USA as well as statements by major Credit Suisse shareholders led to renewed high price declines in Credit Suisse’s bonds and shares. The bank’s stability is particularly at risk if it enters a negative spiral and is confronted by a significant outflow of client funds. In a media release […]