Published 1 year ago

UBS faces investors after shotgun Credit Suisse takeover

Summary by RTÉ

UBS Group AG will on Wednesday seek to reassure shareholders that its unexpected takeover of rival Credit Suisse Group AG in the biggest bank rescue since the last global financial crash can work.

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Times of India

UBS tells investors shotgun Credit Suisse takeover a 'major challenge'

Describing the transaction as "the first merger of two globally systematically important banks," Chairman Colm Kelleher sought to assure investors saying it also meant "a new beginning and huge opportunities ahead for the combined bank and for the Swiss financial center as a whole."

1 year ago·India

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Reuters

UBS tells investors 'Herculean' Credit Suisse takeover will pay off

UBS executives sought to assure investors on Wednesday that Switzerland's largest bank can make its unexpected takeover of Swiss rival Credit Suisse work and pay off for its shareholders.

1 year ago·United Kingdom

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Associated Press News

Swiss regulators defend rescue of Credit Suisse via UBS deal

The head of the Swiss financial regulator has defended the rescue of Credit Suisse through a controversial takeover by rival bank UBS as the best solution with least risk of

1 year ago·United States

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abc News

Swiss regulators defend rescue of Credit Suisse via UBS deal

The head of the Swiss financial regulator has defended the rescue of Credit Suisse through a controversial takeover by rival bank UBS as the best solution with least risk of spreading a wider crisis and severe damaging Switzerland’s standing as a finan...

1 year ago·United States

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Irish Independent

Regulator defends rescue of Credit Suisse via UBS takeover as ‘best option’

The head of the Swiss financial regulator has defended the rescue of Credit Suisse through a takeover by rival bank UBS as the solution with the least risk of creating a wider crisis and damaging Switzerland’s standing as a financial centre.

1 year ago·Ireland

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Washington Times

Swiss regulators defend rescue of Credit Suisse via UBS deal

Swiss regulators on Wednesday defended the rescue of Credit Suisse through a controversial takeover by rival bank UBS as the best solution with the least risk of spreading a wider crisis and severely damaging Switzerland's standing as a financial center.

1 year ago·United States

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