For a bank, a loss of confidence is a fatal blow. After that occurred at several banks in the United States and Switzerland in the past few weeks, policymakers in […]
Credit Suisse Group AG
Trending topics and news from the Credit Suisse Group AG category
Back to news homeUBS Agrees to Buy Rival Credit Suisse to Shore Up Global Market
Switzerland’s largest bank, UBS, agreed on Sunday to buy its beleaguered and longtime rival Credit Suisse for about $3.2 billion, the most drastic bid yet to arrest the financial panic […]
UBS Nears Deal to Buy Credit Suisse
The Swiss government is close to announcing a deal that would involve UBS buying Credit Suisse, its smaller, beleaguered rival, for about $1 billion, three people with knowledge of the […]
What Are Markets Saying About the World?
It was a week of market turmoil that began with the collapse of a small bank in the United States, spiraled into a panic about the global financial system and […]
Stocks on Wall Street Rally, Even as Worry About Regional Banks Continues
Upheaval in financial markets continued on Thursday, as investors balanced pockets of turmoil emanating from the banking industry against some semblance of stability returning to the broader market.The S&P 500 […]
Stock Markets Fall as Bank Shares Take a Beating
Stock markets tumbled on Wednesday, as investors’ fears over the health of the banking industry resurfaced and spread around the world, undoing a rally on Tuesday when the panic appeared […]
How Credit Suisse Became a Meme Stock
The longstanding troubles of Credit Suisse recently grabbed the attention of amateur investors whose social media posts sparked fears that the bank was running out of money. Read More
Data Leak Exposes How a Swiss Bank Served Strongmen and Spies
The client rosters of Swiss banks are among the world’s most closely guarded secrets, protecting the identities of some of the planet’s richest people and clues into how they accumulated […]
Vast Leak Exposes How Credit Suisse Served Strongmen and Spies
The client rosters of Swiss banks are among the world’s most closely guarded secrets, protecting the identities of some of the planet’s richest people and clues into how they accumulated […]
He Built a $10 Billion Investment Firm. It Fell Apart in Days.
Until recently, Bill Hwang sat atop one of the biggest — and perhaps least known — fortunes on Wall Street. Then his luck ran out.Mr. Hwang, a 57-year-old veteran investor, […]