Credit Suisse - The Canadian Media

Swiss bank major UBS plans to acquire Credit Suisse

March 20, 2023March 20, 2023 - by cmedia

IBNS: Swiss bank major UBS is planning to acquire troubled Credit Suisse in a government-backed deal. “UBS plans to acquire Credit Suisse. The combination is expected to create a business …

Finance/Business / World

Credit Suisse reaches crisis point due to losses, mismanagement, failed strategies

March 18, 2023March 18, 2023 - by cmedia

IBNS: The crisis in Credit Suisse had been brewing since 2021, but the Swiss lender rattled investors on Tuesday by revealing that it had discovered “material weaknesses” in its 2021 …