UBS Offers $1 Billion to Buy Credit Suisse


Share post:

The deal—a substantial discount to Credit Suisse’s $8 billion market value as of Friday—was engineered by Swiss regulators and is designed to restore trust in the banking system.

Source link


Related articles

WHO EMRO | Third Scientific Conference and sixth EMARIS meeting on acute respiratory infections in the Region concludes in Muscat | News

18 March 2023 – Focusing on better preparedness, early detection, rapid response, and enhanced research for respiratory...

Kolkata to control largest continental air space, ET TravelWorld News, ET TravelWorld

Air traffic control officers (ATCO)s at Kolkata airport from this month-end will be in charge of 1.7...

Champagne in Dixie Cups. Pancakes Flecked With Gold. Fine Dining Gets Fun Again.

THE OLD Pineapple & Pearls was, by any measure, a resounding success. The restaurant opened seven years...

Ford, GM in China Price War as Car Sales Slump

The American auto makers join their rivals in giving discounts in China as economic uncertainty hurts demand...