UBS completes emergency acquisition of Credit Suisse, gains clout as global wealth player
On Monday, UBS informed that it had completed its emergency acquisition of the rival credit Suisse, leading to...
Switzerland
Switzerland
Credit Suisse Faces Setback as Swiss Parliament Votes Against Rescue Package
The lower house of Switzerland’s parliament has rejected the 109 billion Swiss francs of financial guarantees that the...
Switzerland’s parliament approves 109B Swiss francs to rescue Credit Suisse
On Tuesday, Switzerland’s parliament failed to give its approval for the 109 billion Swiss francs ($120.5 billion) of...
Swiss prosecutor to investigate Credit Suisse deal, cuts 30% job UBS stock was down 3.1 per cent at 18.68 Swiss francs.
While the emergency merger of the country’s two largest banks is taking shape, Switzerland’s top prosecutor launched an...
Credit Suisse Receives a $54 Billion Lifeline Amid Fears of Broader Financial Instability
In response to mounting concerns over a potential global banking crisis, Credit Suisse has announced that it will...
Switzerland considered limiting the use of EVs to deal with electricity supply shortages
Switzerland could potentially limit the use of electric vehicles to deal with the electricity supply shortages this winter....
Credit Suisse projects $1.6 Billion loss in Q4
The Zurich-based financial institution, Credit Suisse said on Wednesday that it expects a loss of 1.6 billion dollars...
Credit Suisse Plans Trimming Down Its Workforce
According to reports Credit Suisse, a Switzerland-based bank is contemplating trimming its workforce. It is believed that...
SDX halted by SIX Stock Exchange pertaining to current market conditions
Six Stock exchange’s attempt in brining cryptocurrency at halt. Six Swiss Stock Exchange, like many institutions was keen...
Swiss voters decide to impose levy on streaming giants They are set to approve of the 'Lex Netflix' TV streaming funding law.
News from this week suggest that international video streaming services are set to face a compulsory investment in...