UBS in talks to acquire Credit Suisse -FT

UBS acquires Credit Suisse in an emergency merger

Forced by Swiss regulators, the bank takes over its main competitor as bank stocks plummet around the world

UBS to buy Credit Suisse: Swiss govt

BusinessCredit Suisse will be taken over by Swiss banking giant UBS, the Swiss federal government has announced.Representational image Credit Suisse will be taken over by Swiss banking giant UBS, the Swiss federal government has announced. On Friday, the liquidity outflows and market volatility showed that it was no longer possible to restore the necessary confidence and that a swift and stabilising solution was absolutely necessary, the gove…

UBS agrees to by Credit Suisse

UBS agrees to buy rival Credit Suisse. Clare Sebastian reports from London. Analysis from Eric Oros, chief investment officer, Gideon Strategic Partners.

UBS agrees to buy Credit Suisse in shotgun merger

UBS will buy rival Swiss bank Credit Suisse for $3.23 billion and assume up to $5.4 billion in losses, in a shotgun merger engineered by Swiss authorities that won applause from other central bankers keen to avoid further market-shaking turmoil.

UBS to acquire rival bank Credit Suisse amid crisis

Switzerland’s government has fast-tracked approval for the country’s largest bank, UBS, to take over its ailing rival Credit Suisse to prevent a banking crisis. Experts say it’s a reflection of tough financial times.

UBS is buying Credit Suisse in bid to halt banking crisis

By Mark Thompson, CNN Switzerland’s biggest bank, UBS, has agreed to buy its ailing rival Credit Suisse in an emergency rescue deal aimed at stemming financial market panic unleashed by the failure of two American banks earlier this month. “UBS today announced the takeover of Credit Suisse,” the Swiss National Bank said in a statement.