UBS seeks about $6 bn in government guarantees for Credit Suisse deal -source

UBS seeks $6 bln in govt guarantees for Credit Suisse takeover

UBS AG is asking the Swiss government to cover about $6 billion in costs if it were to buy Credit Suisse, a person with knowledge of the talks said, as the two sides raced to hammer together a deal to…

Banks: last day for UBS to swallow Credit Suisse and avoid a debacle

The deal to buy Credit Suisse by UBS is due to be sealed this Sunday. A solution must be found before the stock market opens on Monday. Such reconciliation is a complex matter that should normally take months.

Crunch time for Credit Suisse talks as UBS seeks Swiss assurances

Officials are facing a crisis of confidence in the 167-year-old Credit Suisse, the most globally significant bank caught in the turmoil spurred by the collapse of U.S. lenders Silicon Valley Bank and Signature Bank over the past week. "The last days of Credit Suisse", proclaimed the front page of Swiss newspaper NZZ am Sonntag over an illustration of the bank's headquarters in flames.

Crunch time for Credit Suisse talks as UBS seeks Swiss assurances

By Stefania Spezzati, Oliver Hirt and John O'Donnell (Reuters) - Authorities were scrambling to rescue Credit Suisse on Sunday ahead of the reopening of markets as UBS AG sought $6 billion from the Swiss government

Crunch time for Credit Suisse talks as UBS seeks Swiss assurances

Authorities are scrambling to resolve a crisis of confidence in Credit Suisse, the mostly globally significant bank caught in the current turmoil.

Crunch time for Credit Suisse talks

Talks over rescuing Credit Suisse have rolled into this morning as UBS seeks $6 billion from the Swiss government to cover costs if it were to buy its struggling rival.