# credit suisse stock

Credit Suisse shares soar after the bank secures a $54 billion lifeline » Shares of the Swiss banking giant rallied significantly Thursday after Switzerland's central bank agreed to lend it $54 billion. Npr.org

UBS to buy Credit Suisse for nearly $3.25B to calm turmoil » Swiss President Alain Berset said banking giant UBS is acquiring its smaller rival Credit Suisse for almost $3.25 billion in an effort to avoid further market-shaking turmoil in global banking. Apnews.com

Markets improve on reports of lifelines to First Republic and Credit Suisse » Bank stocks began to inch up after suffering steep declines following two of the biggest U.S. bank failures in recent memory. Nbcnews.com

UBS to buy Credit Suisse for more than $3B in government-brokered deal aiming to restore confidence » Authorities hope the deal will help contain a crisis of confidence that threatened to spread across global financial markets. Fortune.com

UBS offers to buy Credit Suisse for 'substantially' more than $1 billion, sources say » A sale to UBS comes after Credit Suisse shares logged their worst weekly decline since the onset of the coronavirus pandemic. Cnbc.com

UBS to buy Credit Suisse as banking fears persist » Swiss regulators manage takeover of 167-year-old European banking giant. Axios.com

Banking and financial services company in United States of America » Credit Suisse Group is a leading financial services company, advising clients in all aspects of finance, across the globe and around the clock. Credit-suisse.com

Saudi National Bank to lose $1.2B on Credit Suisse rescue » Comments from SNB's chairman sparked a crisis of confidence that ended with UBS taking over its Swiss rival for $3.2 billion. Fortune.com

Credit Suisse Bond-Wipeout Threatens $250 Billion Market » The deal would write down more than $17 billion of the bank’s riskiest bonds. Wsj.com