Tag: Credit Suisse Group

Switzerland’s move to wipe out $17 billion of Credit Suisse Group AG bonds has prompted investors to reassess a market ...

But the government-orchestrated rescue also represents an abrupt shift in strategy for UBS—which after an earlier near-death experience of its ...

The Swiss government said it would provide more than $9 billion to backstop potential losses that UBS may take on ...

Swiss authorities on Sunday tried to make the deal happen before Asian markets opened for the week. They walked a ...

Stress in the U.S. banking system jumped across the Atlantic this week, sparking turmoil for embattled Swiss bank Credit Suisse. ...

The S&P sank 1.2% in midday trading. The Dow dropped more than 400 points, or 1.2%. The technology-heavy Nasdaq Composite ...

Credit Suisse CS -1.45% Group AG warned it would lose around $1.6 billion in the fourth quarter after customers pulled ...