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. ...
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