UBS completes emergency acquisition of Credit Suisse, gains clout as global wealth player Sumbul Farid·June 12, 2023On Monday, UBS informed that it had completed its emergency acquisition of the rival credit Suisse, leading to...News·0 Comments·0
Credit Suisse Faces Setback as Swiss Parliament Votes Against Rescue Package Indrajeet Giram·April 12, 2023The lower house of Switzerland’s parliament has rejected the 109 billion Swiss francs of financial guarantees that the...BusinessMarkets·0 Comments·0
Switzerland’s parliament approves 109B Swiss francs to rescue Credit Suisse Meghana Kandra·April 11, 2023On Tuesday, Switzerland’s parliament failed to give its approval for the 109 billion Swiss francs ($120.5 billion) of...News·0 Comments·0
Swiss prosecutor to investigate Credit Suisse deal, cuts 30% job UBS stock was down 3.1 per cent at 18.68 Swiss francs. Prity Khanal·April 3, 2023While the emergency merger of the country’s two largest banks is taking shape, Switzerland’s top prosecutor launched an...News·0 Comments·0
Credit Suisse Receives a $54 Billion Lifeline Amid Fears of Broader Financial Instability Indrajeet Giram·March 16, 2023In response to mounting concerns over a potential global banking crisis, Credit Suisse has announced that it will...Markets·0 Comments·0
Switzerland considered limiting the use of EVs to deal with electricity supply shortages Meghana Kandra·December 3, 2022Switzerland could potentially limit the use of electric vehicles to deal with the electricity supply shortages this winter....Electric VehiclesNews·0 Comments·0
Credit Suisse projects $1.6 Billion loss in Q4 Thomas Babychan·November 24, 2022The Zurich-based financial institution, Credit Suisse said on Wednesday that it expects a loss of 1.6 billion dollars...News·0 Comments·0
Credit Suisse Plans Trimming Down Its Workforce Ujjwal Kumar·September 3, 2022 According to reports Credit Suisse, a Switzerland-based bank is contemplating trimming its workforce. It is believed that...News·0 Comments·0
SDX halted by SIX Stock Exchange pertaining to current market conditions Nishant K·June 19, 2022Six Stock exchange’s attempt in brining cryptocurrency at halt. Six Swiss Stock Exchange, like many institutions was keen...Crypto·0 Comments·0
Swiss voters decide to impose levy on streaming giants They are set to approve of the 'Lex Netflix' TV streaming funding law. Disha Mitra·May 17, 2022News from this week suggest that international video streaming services are set to face a compulsory investment in...EntertainmentNewsTech·0 Comments·0