Tag: Credit Suisse

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UBS expects to seal Credit Suisse takeover as soon as June 12

UBS (UBSG.S) said on Monday it expected to complete its takeover of Credit Suisse (CSGN.S) "as early as June 12", creating a giant Swiss bank with a balance...

UBS flags $17 billion hit from Credit Suisse takeover

UBS Group AG (UBSG.S) expects a financial hit of about $17 billion from the takeover of Credit Suisse Group AG (CSGN.S), the bank said in a regulatory...

Credit Suisse saw record fund outflows during March turmoil, data shows

Credit Suisse saw investors pull a record 4.6 billion euros ($5.04 billion) out of its funds at the height of the bank's troubles last...

Credit Suisse chairman: ‘truly sorry’ as fury grows

 Credit Suisse's chairman (CSGN.S) apologised for taking the Swiss bank to the brink of bankruptcy, as he faced shareholder fury over the demise of the once...

Swiss prosecutor probes Credit Suisse takeover

Switzerland's Federal Prosecutor has opened an investigation into the state-backed takeover of Credit Suisse (CSGN.S) by UBS Group (UBSG.S), the office of the attorney general said on...

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Ghana has finalised a pact with its official creditor...

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Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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