Reports suggest UBS proposes purchasing Credit Suisse, which is struggling with a crisis, for a maximum of USD 1 billion.

Reports suggest UBS proposes purchasing Credit Suisse, which is struggling with a crisis, for a maximum of USD 1 billion.

It seems that UBS, one of Switzerland’s largest banks, may be stepping up to the plate to rescue its competitor from disaster. Recent reports suggest that UBS has made an offer to purchase Credit Suisse, a bank that has been struggling with a series of crises and scandals in recent years. The proposed deal, worth … Read more

More than $450 million withdrawn from Western funds by Credit Suisse.

More than 0 million withdrawn from Western funds by Credit Suisse.

A net outflow of more than $450 million from the 13th to the 15th from the US and European funds of the Swiss financial giant Credit Suisse, whose stock prices have plummeted due to financial instability, Morningstar said on the 17th. I found this out through direct research. (2023 REUTERS/Denis Balibouse) [ロンドン 17日 ロイター] – … Read more