Tag: CHF
Outflows of CHF 61 billion – Credit Suisse customers withdraw their money
CreditSuisse These are probably the last quarterly figures that the Swiss central bank will present before the takeover by UBS. (Photo: dpa) Zurich Credit Suisse clients continue to withdraw assets…
UBS buys Credit Suisse for CHF 2 billion
Zurich, Frankfurt The struggle for the future of Credit Suisse is over: UBS buys the second largest Swiss bank for three billion francs, or around 0.76 francs per share. The…
UBS buys Credit Suisse for CHF 2 billion
Zurich, Frankfurt The struggle for the future of Credit Suisse is over: UBS buys the second largest Swiss bank for around CHF 2 billion, or around CHF 0.50 per share.…
UBS buys Credit Suisse for CHF 2 billion
Zurich, Frankfurt The struggle for the future of Credit Suisse is over: Rival UBS is buying the second largest Swiss bank for around CHF 2 billion, or around CHF 0.50…
Banks: Credit Suisse borrows up to CHF 50 billion from the Swiss National Bank
Entrance area of the Swiss National Bank Credit Suisse wants to take out loans of up to CHF 50 billion from the SNB. (Photo: imago images/Andreas Haas) Zurich Surprising turnaround…
Credit Suisse borrows up to CHF 50 billion from the Swiss National Bank
Zurich A surprising turn of events at Credit Suisse: The ailing Swiss bank now wants to take out loans from the Swiss National Bank (SNB) of up to CHF 50…
Fintech Taurus collects CHF 65 million from Credit Suisse and Deutsche Bank
Sébastien Dessimoz, Jean-Philippe Aumasson, Lamine Brahimi, Oren-Olivier Puder (from left to right) The Taurus founding team wants to further expand its fintech with fresh money. Zurich The banking service provider…
Credit Suisse expects a loss of CHF 1.5 billion in the final quarter
Zurich The major Swiss bank Credit Suisse confirmed its loss forecast for the fourth quarter before the shareholders voted on a billion-dollar capital increase. According to information from Wednesday, the…
Credit Suisse expects a loss of CHF 1.5 billion in the final quarter
Zurich The major Swiss bank Credit Suisse confirmed its loss forecast for the fourth quarter before the shareholders voted on a billion-dollar capital increase. According to information from Wednesday, the…
Credit Suisse expects a loss of CHF 1.5 billion in the final quarter
Zurich The major Swiss bank Credit Suisse confirmed its loss forecast for the fourth quarter before the shareholders voted on a billion-dollar capital increase. According to information from Wednesday, the…
Which bonds are currently attractive for investors
Pedestrians on New York’s Wall Street Investing in bonds remains difficult due to the complicated economic and political situation. (Photo: AP) Frankfurt Interest-bearing securities bring income again. The central banks…
Swiss central bank achieves a profit of over CHF 26 billion
Swiss National Bank Shareholders are to receive a dividend of CHF 15 per share certificate. (Photo: Reuters) Zurich The Swiss National Bank (SNB) closed last year with a profit of…
Swiss central bank achieves a profit of over CHF 26 billion
Swiss National Bank Shareholders are to receive a dividend of CHF 15 per share certificate. (Photo: Reuters) Zurich The Swiss National Bank (SNB) closed last year with a profit of…
The central bank makes a profit of CHF 26 billion
Swiss National Bank To stabilize the exchange rate, the SNB holds hundreds of billions in foreign currency. (Photo: Reuters) Zurich According to preliminary figures, the Swiss National Bank (SNB) made…