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Credit Suisse Group(CSGKF)

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Day High0.8975
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Latest News

FILE PHOTO: A logo of Swiss bank UBS is seen in Zurich, Switzerland March 29, 2023. REUTERS/Denis Balibouse
UBS flags huge potential costs, and benefits, from Credit Suisse deal
- Wed May 17, 5:51AM CDT
Wed May 17, 5:51AM CDT
UBS estimated a negative impact of $13 billion from fair value adjustments of the combined group’s financial assets and liabilities, and a further $4 billion in potential litigation and regulatory costs stemming from outflows
FILE PHOTO: UBS Group and Credit Suisse logos are seen in this illustration taken March 18, 2023. REUTERS/Dado Ruvic/Illustration
UBS weighs options for sale of Credit Suisse’s Swiss unit, sources say
- Thu May 4, 10:33AM CDT
Thu May 4, 10:33AM CDT
The considerations are at an early stage as UBS is focused on completing that takeover and it may not make a final decision on whether to pursue an IPO for months, a source claimed
FILE PHOTO: The BlackRock logo is pictured outside their headquarters in the Manhattan borough of New York City, New York, U.S., May 25, 2021. REUTERS/Carlo Allegri//File Photo
BlackRock sells asset-backed bonds from Credit Suisse’s books, Bloomberg News reports
- Thu Apr 13, 9:23PM CDT
Thu Apr 13, 9:23PM CDT
The move comes after the Swiss lender was acquired by UBS Group AG in a state-brokered deal

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