The European Central Bank and the US Treasury welcomed the purchase of Credit Suisse by UBS

Punishing banks on the stock exchange with falls of up to 6% after the purchase of Credit Suisse by UBS to avoid bankruptcy

The Ibex 35 leaves 1.72% at the opening, in line with other European markets

Bruno Le Maire welcomes the acquisition of Credit Suisse by his rival UBS, a “good deal”

The Minister of Economy and Finance also reaffirmed that French and European banks were solid and had no fear.

The European Central Bank and the US Treasury welcomed the purchase of Credit Suisse by UBS

Switzerland's largest bank said its purchase is an attempt to “restore confidence” after several stormy days in world markets

The acquisition of Credit Suisse by UBS will harm holders of US$ 17 billion in securities

Holders of US$ 17 billion in Credit Suisse securities will have their investments eliminated after the acquisition of the bank by competitor UBS, in a surprise move that should cause turmoil when the European debt markets open this Monday (20). Read more (03/19/2023)

Parties highly critical after the acquisition of Credit Suisse by UBS

The government parties are not kind to the country's former number two bank, Credit Suisse, whose acquisition by UBS was announced Sunday evening. However, the center-right concedes the need for the decision. Same bell ringing on the township side.

US Treasury and Fed applaud acquisition of Credit Suisse by UBS | The Economic Journal

“We welcome the announcements made today by the Swiss authorities to support financial stability,” Yellen and Powell said in a joint statement. The Swiss Finance Minister, Karin Keller-Sutter, stated that the federal government will provide a guarantee of 9,000 million Swiss francs to reduce the risks faced by the UBS bank when acquiring Credit Suisse, which has been experiencing difficulties. Karin Keller-Sutter also stated that a bankruptcy of…