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  • UBS reportedly offers to buy Credit Suisse for up to $1 billion, Less than 10% of Their Current Market Cap

    11 days ago - By Up Worthy

    The logo of Swiss bank Credit Suisse is seen the day after its shares dropped approximately 30%, on March 16, 2023 at its Oerlikon office building in Zurich, Switzerland. Credit Suisse has reportedly asked the Swiss government for support following the refusal of a Saudi backer to provide any more... oerlikon zurich switzerland saudi siliconvalleybank ubs
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  • Crunch time for Credit Suisse talks as UBS seeks Swiss assurances

    11 days ago - By Up Worthy

    Talks over rescuing Credit Suisse rolled into Sunday as UBS sought $6 billion from the Swiss government to cover costs if it were to buy its struggling rival, a person with knowledge of the talks said. Authorities are scrambling to resolve a crisis of confidence in the 167-year-old Credit Suisse,... ubs siliconvalleybank signaturebank switzerland warrenbuffett ustreasury jeremyhunt bankofengland andrewbailey britishtreasury
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