‘10,000 jobs to go’ as UBS looks to acquire Credit Suisse: reports
Swiss investment bank UBS is set to acquire rival bank Credit Suisse in a $3.25 billion deal in an “emergency rescue”.
Credit Suisse
UBS to buy Credit Suisse in US$3.2 billion rescue deal to end crisis
The government-brokered deal aims to prevent turmoil at Credit Suisse—worsened by two massive U.S. bank failures last week—from spiralling into a larger banking crisis.
US earnings season: It’s doom and gloom for the banks
Starting on Friday, the global banking industry will feel the sharp edge of tightening financial conditions.