The key takeaways from UBS Group’s historic Credit Suisse deal

Live Mint

Center

Mixed Factuality

Independent: HT Media

UBS takes over Credit Suisse: 10 things to know about this historic deal

UBS takes over Credit Suisse: The deal follows the collapse of two large U.S. banks last week that spurred a frantic, broad response from the U.S. government to prevent any further panic

The Japan Times

Center

High Factuality

Corporation: News2u Holdings, Inc.

The key takeaways from UBS Group’s historic Credit Suisse deal

UBS is paying 3 billion francs ($3.24 billion) for its battered rival in a deal aimed at avoiding a broader financial crisis.

Philstar Global

Lean Left

Mixed Factuality

Government: Government of Japan

Private Equity: First Pacific

UBS takes over Credit Suisse in move to calm the markets

The deal, in which Switzerland's biggest bank will take over the second-largest in the country, was vital to prevent irreparable economic turmoil spreading throughout the country and beyond, the Swiss government said.

Al Bawaba

Lean Right

Mixed Factuality

UBS takes over Credit Suisse in historic deal

BQ

Key Takeaways From UBS–Credit Suisse Deal

The Terms Credit Suisse shareholders will get UBS stock in the deal. About 16 billion francs of Additional Tier 1 notes will be written off to zero. The deal is expected to close by the end of the year.UBS takes over Credit Suisse.Business FutureThe combined firm will have $5 trillion in client assets. UBS is determined to keep Credit Suisse's profitable Swiss unit, but the bank will be shrinking as UBS downsizes the investment banking business.…