Tag: Credit Suisse
UBS Will Pay $3 Billion For Credit Suisse
Swiss banking giant UBS will purchase struggling rival Credit Suisse in a $3 billion government-supported deal.
Switzerland’s central bank announced the takeover Sunday (March 19), saying the move would restore confidence...
UBS, Credit Suisse Oppose Idea Of Forced Combination
According to Bloomberg News' Thursday report, UBS Group and Credit Suisse are both against any type of coerced merger.
UBS prefers to focus on its...
US Court Finds Credit Suisse Was Not Guilty Of Forex Price-Fixing
A US jury found on Thursday that Credit Suisse did not conspire with the world's largest banks to rig prices in the foreign exchange...
Credit Suisse Agrees To Settle US Antitrust Suit
Credit Suisse Group AG entities, among six defendants in a lawsuit originally filed by Iowa Public Employees Retirement System and other retirement associations, has...
Credit Suisse Must Face NYC Currency Rigging Suit
A US judge on Tuesday, February 1, refused to dismiss a class-action lawsuit by investors accusing Credit Suisse Group of conspiring to rig prices...
EU Fines HSBC, Credit Suisse & Others Over FX Cartel
EU antitrust regulators on Thursday fined Barclays, Credit Suisse, HSBC and NatWest 344 million euros ($390 million) for foreign exchange market rigging, reported Reuters.
UBS...
Credit Suisse May Seek UBS Merger
Credit Suisse executives are looking for ways to overhaul the bank and a merger with Swiss rival UBS may be on the cards, reported...
EU Fines Crédit Agricole, Credit Suisse Over Bond Cartel
Bank of America Merrill Lynch, Credit Agricole, and Credit Suisse were fined €28.5 million (US$34.4 million) by EU antitrust regulators on Wednesday, April 28,...
EU Hits Credit Suisse With Extra Antitrust Charges In FX Probe
Credit Suisse has been hit with additional European Union antitrust charges, it announced on Monday, March 22, three years after EU enforcers charged the...
UBS, Credit Suisse Reportedly Explore Merger
Leadership at two of the largest Swiss banks are exploring a merger that could create the biggest bank in Europe, according to a report...