Tag: Ulrich Korner
Ermotti brings five new managers to the board
UBS and Credit Suisse buildings in Zurich Zurich UBS boss Sergio Ermotti forms his management team for the time after the takeover of Credit Suisse. To this end, he has…
Ermotti brings five new managers to the board
UBS and Credit Suisse buildings in Zurich Zurich UBS boss Sergio Ermotti forms his management team for the time after the takeover of Credit Suisse. To this end, he has…
After the takeover, UBS and Credit Suisse will initially remain separate institutions
UBS and Credit Suisse buildings in Zurich Zurich After taking over its former rival Credit Suisse, the major Swiss bank UBS initially wants to operate the business of both institutes…
Credit Suisse bond investors are suing the Swiss financial regulator
Credit Suisse logo in front of the Swiss Parliament building The state-ordered rescue operation now has a legal aftermath. (Photo: Reuters) Zurich Credit Suisse creditors are resisting the compulsory write-down…
Management does not see its own faults
Axel Lehmann The Chairman of the Board of Directors explains the takeover of Credit Suisse at the Annual General Meeting. (Photo: Bloomberg) Zurich Axel Lehmann still can’t quite believe it.…
Management does not see its own faults
Axel Lehmann The Chairman of the Board of Directors of Credit Suisse cannot see any faults of his own. (Photo: Reuters) Zurich Axel Lehmann still can’t quite believe it. The…
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…
What danger banks and markets face from the turnaround in interest rates
crisis of confidence The many turbulences on the financial market are increasing concerns about a new banking crisis. With the collapse of the Silicon Valley Bank last weekend, fears of…
What danger banks and markets face from the turnaround in interest rates
crisis of confidence The many turbulences on the financial market are increasing concerns about a new banking crisis. With the collapse of the Silicon Valley Bank last weekend, fears of…
The hidden dangers of the turnaround in interest rates
crisis of confidence The many turbulences on the financial market are increasing concerns about a new banking crisis. With the collapse of the Silicon Valley Bank last weekend, fears of…
The hidden dangers of the turnaround in interest rates
crisis of confidence The many turbulences on the financial market are increasing concerns about a new banking crisis. With the collapse of the Silicon Valley Bank last weekend, fears of…
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…