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Monday, May 27, 2024
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Tag: credit suisse

Switzerland Hikes Interest Rate to 1.5% Amid Rising Inflation

The SNB’s decision to hike the interest rate to 1.5% has been taken to counter renewed inflationary pressure and the takeover of Credit Suisse by UBS.

The Last-Minute Rescue of Credit Suisse and Its Implications for Switzerland

The last-minute rescue of Credit Suisse has prevented the current banking crisis from exploding, but it's a raw deal for Switzerland.

Is the Fintech Bubble About to Burst? Lessons from Credit Suisse’s Collapse

Last week, UBS acquired Credit Suisse in a $3.25 billion rescue deal. This event has raised concerns about the viability of business models of highly valued fintech startups.

UBS Buys Credit Suisse in Effort to Avoid Market-Shaking Turmoil

Swiss President Alain Berset announced on Sunday night that banking giant UBS is buying its smaller rival Credit Suisse in an effort to avoid further market-shaking turmoil in global banking.

Credit Suisse Struggles to Keep Clients as Overhaul Continues

Credit Suisse Group AG won a $54bn lifeline on Thursday 16 March, giving it the chance to rebuild its business.

Swiss Regulators Step in to Reassure Markets Amid Credit Suisse Turmoil

The global financial markets were rattled on Wednesday following fresh fears about the viability of Credit Suisse.

Credit Suisse shake-up: senior investment banker departs, company restructures

Credit Suisse announced several changes to its staff

Credit Suisse about to launch its own digital service to “challenge the challengers”

The well-known Swiss bank Credit Suisse is launching a new digital banking service. This new offering aims to compete with challenger banks like Revolut.
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