Tag: Saudi National Bank
Saudi Bank President resigns
CreditSuisse The Saudi National Bank joined Credit Suisse in 2022. (Photo: IMAGO/NurPhoto) new York The Credit Suisse crisis has had its first consequences in terms of personnel. However, it is…
UBS buys Credit Suisse for three billion Swiss francs
Zurich, Frankfurt The struggle for the future of Credit Suisse is over: UBS takes over the second largest Swiss bank. The Swiss National Bank (SNB) is supporting the emergency merger…
How it came to the deep fall of Credit Suisse
Zurich It’s Wednesday of last week, Morgan Stanley’s investment conference in London, when the fund manager feels like he’s in the wrong movie. The head of the major bank BNP…
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…
UBS submits takeover bid – Credit Suisse defends itself
Zurich, Frankfurt The leaders of UBS and Credit Suisse continue to negotiate an emergency merger of the two banks on Sunday, with the participation of supervisors and government officials. Now…
UBS appears to be submitting a takeover bid
Credit Suisse branch in Bern The second largest Swiss bank is likely to lose its independence. (Photo: Reuters) Zurich, Frankfurt The leaders of UBS and Credit Suisse continue to negotiate…
Spies, suicides, state aid – the case of Credit Suisse in seven acts
Zurich It’s Wednesday of last week, Morgan Stanley’s investment conference in London, when the fund manager feels like he’s in the wrong movie. The head of the major bank BNP…
Spies, suicides, state aid – the case of Credit Suisse in seven acts
Zurich It’s Wednesday of last week, Morgan Stanley’s investment conference in London, when the fund manager feels like he’s in the wrong movie. The head of the major bank BNP…
ECB in a dilemma – the struggle for new interest rate hikes
Good morning dear readers, The situation in which the head of the European Central Bank (ECB) Christine Lagarde found herself on Thursday evening is commonly described as a dilemma. Their…
ECB in a dilemma – the struggle for new interest rate hikes
Good morning dear readers, The situation in which the head of the European Central Bank (ECB) Christine Lagarde found herself on Thursday evening is commonly described as a dilemma. Their…
Central bank aid stops Credit Suisse’s slide – bank stocks are up across Europe
Credit Suisse in Zurich The SNB’s support quickly had an effect on the markets. (Photo: Getty Images) Frankfurt, New York, Zurich The Swiss National Bank (SNB) has stopped the recent…
Chaos at Credit Suisse triggers price roller coaster in bank stocks
Dusseldorf A few words from Ammar Al Khudairy were enough to throw Credit Suisse into chaos. On Wednesday, the head of the supervisory board of the Saudi National Bank, currently…
Central bank aid stops Credit Suisse’s slide – bank stocks are up across Europe
Frankfurt, New York, Zurich The Swiss National Bank (SNB) has stopped the recent price losses of the share with billions in liquidity aid for the ailing Credit Suisse. Credit Suisse…
Credit Suisse shares slumped by 30 percent at times
Zurich, Frankfurt Credit Suisse stock plummeted on Wednesday. In the wake of this development, the shares of other European banks also lost and dragged the markets down overall. After the…
The crash of Credit Suisse
Good morning dear readers, On Wednesday I spoke at this point about words that weigh heavily in the balance given the tense situation on the financial markets. Now this assessment…
Concerns about Credit Suisse weigh on Wall Street – US banks lose significantly in value
New York Stock Exchange The news from Credit Suisse is also causing uncertainty on Wall Street. (Photo: AP) new York Problems at major Swiss bank Credit Suisse (CS) have weighed…
Credit Suisse: share collapses again – major shareholder: no capital needed
Zurich, Frankfurt Credit Suisse stock plummeted on Wednesday. In the wake of this development, the shares of other European banks also lost and dragged the markets down overall. After the…
The Credit Suisse crisis is a special case – and yet threatening
Credit Suisse office building After a massive fall in prices, the major Swiss bank is struggling with a loss of confidence in the financial markets. (Photo: imago images/IP3press) Frankfurt When…