The world’s banking sector is doing everything possible tonight to stop a crisis, that’s threatening its stability, from spreading. Global investment firm UBS has agreed to takeover its competitor CreditSuisse. HughWhitfeld TheLatest 7NEWS
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
These seven power players will decide the fate of Credit SuisseA politician, an economist, and a mathematician are in the select group that will determine the fate of what was once Switzerland’s pre-eminent financial institution.
Read more »
‘Go woke, go broke’: Credit Suisse is in ‘all sorts of trouble’Sky News host James Morrow says Credit Suisse is in “all sorts of trouble”, but it looks like the Swiss government will bail the bank out. “Go woke, go broke,” Mr Morrow said.
Read more »
Switzerland's largest bank in talks to save Credit SuisseCredit Suisse is in advanced talks with its larger Swiss rival UBS about a deal to salvage Switzerland's second-biggest bank, in a bid to reassure investors before the markets open next week.
Read more »
Why the Credit Suisse-UBS deal simply must get doneGlobal markets can’t afford for the takeover talks between UBS and stricken Swiss rival Credit Suisse to fail.
Read more »
Credit Suisse Aussie team in the dark on UBS takeoverCredit Suisse’s local bankers, analysts and traders are in the dark as their Swiss overlords talk to regulators and arch rival UBS about a mooted tie-up.
Read more »
UBS to buy Credit Suisse in historic deal to end crisisThe Swiss bank is paying more than $US2 billion for its rival, according to people with knowledge of the matter.
Read more »