Tag: ubs

Does UBS Buying Credit Suisse End a Mini Banking Crisis? No one knows

Credit Suisse, an entity more than 160 years old and worth more than €30 billion in 2007, was sold to its competitor UBS for...

Banking crisis: Credit Suisse shares plunge 60% after the announcement of the purchase of UBS

Credit Suisse shares they tumbled 60.5% in early trading on Monday following the announcement that banking giant UBS would buy its troubled rival for...

UBS bank has agreed to pay $2 billion to Credit Suisse

UBS Swiss Bank agreed to buy struggling rival Credit Suisse for just over $2 billionafter a weekend of intense negotiations between the two banks,...