Wednesday, May 15

Browsing: ubs bank

UBS to dispose of riskiest Credit Suisse loans to Asian customers

Finance July 31, 2023

UBS Group AG is planning to exit billions of dollars in loans to Credit Suisse’s clients in the Asia…

Credit Suisse saw $69 billion of outflows before UBS takeover

Finance April 24, 2023

By Marion Halftermeyer Credit Suisse Group AG reported 61.2 billion francs ($69 billion) of outflows in the first quarter…

What are AT1 bonds, and why are Credit Suisse’s worth $17 bn now wiped out?

Finance March 22, 2023

The Swiss government-brokered takeover of Credit Suisse Bank by UBS Bank has kept global…