Credit Suisse

First Boston, was a New York-based bulge bracket investment bank, founded in 1932 and acquired by Credit Suisse in 1990. Together with its sister investment banks, it was referred to as CS First Boston after 1993 and part of Credit Suisse First Boston after 1996. The First Boston part of the name was phased out by 2006.

First Boston

Credit Suisse Group AG is a holding company, which engages in the provision of financial services. It operates through the following four divisions: Wealth Management, Investment Bank, Swiss Bank and Asset Management and four geographic regions: Switzerland, Europe, the Middle East and Africa (EMEA), Asia Pacific, and Americas. The Wealth Management division offers comprehensive wealth management and investment solutions, tailored financing, and advisory services to ultra-high-net-worth (UHNW) and high net-worth (HNW) individuals and external asset managers. The Investment Bank division offers a broad range of financial products and services focused on client-driven businesses and also supports Credit Suisse’s Wealth Management division and its clients. The Swiss Bank division offers comprehensive advice and a wide range of financial solutions to private, corporate, and institutional clients in Switzerland. The Asset Management division offers investment solutions and services globally to a broad range of clients, including pension funds, governments, foundations and endowments, corporations, and individuals. The company was founded by Alfred Escher on July 5, 1856 and is headquartered in Zurich, Switzerland.

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UBS Group AG

UBS Group AG has offered to buy Credit Suisse for up to $1 billion, with the Swiss government planning to change the country's laws to bypass a shareholder vote on the deal, the Financial Times reported on Sunday.

UBS offers to buy Credit Suisse for up to $1 billion - FT

Credit Suisse's plan to spin off its investment bank under the First Boston brand are being thrown into doubt by takeover talks, Bloomberg News reported on Sunday.

Credit Suisse's First Boston plan in doubt amid crisis talks -Bloomberg

UBS AG is asking the Swiss government to cover about $6 billion in costs if it were to buy rival Credit Suisse, a person with knowledge of the talks said, as the two sides raced to hammer together a deal to restore confidence in the ailing Swiss bank.

UBS mulls Credit Suisse takeover amid US bank fallout: What you need to know

Talks over rescuing Credit Suisse rolled into Sunday as UBS AG sought $6 billion from the Swiss government to cover costs if it were to buy its struggling rival, a person with knowledge of the talks said.

Crunch time for Credit Suisse talks as UBS seeks Swiss assurances

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Global markets stabilized on Monday leading to a relief rally in risk assets including crude oil prices.

Crude Oil Prices Rise as UBS Acquistion of Credit Suisse Boosts Market Confidence

Swiss bank UBS Group is closing in on a deal to take over its rival Credit Suisse amid a weekend of frenzied negotiations, according to multiple reports.

UBS closing in on deal to buy fellow Swiss bank Credit Suisse

Blackrock Inc

BlackRock Inc Vice Chairman Philipp Hildebrand is taking part in talks as Swiss officials try to put together a deal for UBS Group to take over Credit Suisse Group AG , Bloomberg News reported on Saturday, citing unidentified sources.

BlackRock's Hildebrand reportedly taking part in UBS, Credit Suisse talks

UBS Group AG is seeking government guarantees of about $6 billion for a potential takeover of Credit Suisse Group AG , a person with knowledge of the discussions told Reuters on Saturday.

Exclusive: UBS seeks about $6 billion in government guarantees for Credit Suisse deal -source

The Swiss National Bank and regulator Finma now see UBS's purchase as the only option to tame mounting woes at Credit Suisse, according to the Financial Times.

UBS Takeover of Credit Suisse Could Be Imminent: Report

British finance minister Jeremy Hunt and Bank of England Governor Andrew Bailey are in regular contact this weekend over the fate of Credit Suisse Group AG, according to a source with knowledge of the matter.

UK finance minister, Bank of England governor in contact over Credit Suisse

U.S. authorities are working with Swiss counterparts to broker a deal for UBS AG to buy all or part of Credit Suisse Group AG , Bloomberg News reported on Saturday citing people familiar with the matter.

U.S. authorities weighing in on possible Credit Suisse-UBS deal- Bloomberg News

The Credit Suisse saga presents systemic and contagion risk to the global banking markets. There is likely going to be a shotgun wedding this weekend.

Credit Suisse And UBS: Implications Of A Shotgun Wedding

UBS is in talks to take over parts or all of Credit Suisse, part of an urgent effort by Swiss and global authorities to restore trust in the banking system.

UBS in Talks to Take Over Credit Suisse

Credit Suisse, UBS and their key regulators are working out a deal on the merger of Switzerland's two biggest banks, the Financial Times reported Saturday.

UBS and regulators rush to seal Credit Suisse takeover deal: reports

The Swiss National Bank and Swiss regulator FINMA have told their international counterparts they regard a deal with UBS Group as the only way to prevent a collapse in confidence in Credit Suisse Group , the Financial Times reported on Saturday.

UBS, regulators race to seal Credit Suisse deal as soon as Saturday - FT

RADNOR, Pa. , March 18, 2023 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey against Credit Suisse Group AG ("Credit Suisse") (NYSE: CS).

CREDIT SUISSE CLASS ACTION ANNOUNCEMENT: Kessler Topaz Meltzer & Check, LLP Announces Securities Class Action Lawsuit Filed Against Credit Suisse Group AG

Credit Suisse reaches out for the $54 billion lifeline from the Swiss National Bank. Markets are still turbulent as investors assess further potential repercussions.

Credit Suisse Takes Up The Offer Of An Emergency Lifeline As Banking Turmoil Continues To Roil Markets

The fate of Credit Suisse could be decided in the next 36 hours after a torrid week for Switzerland's second biggest bank.

Credit Suisse faces fateful weekend. Will UBS step up with a rescue bid?

UBS is examining a takeover of Credit Suisse that could see the Swiss government offer a guarantee against the risks involved, said two people with knowledge of the matter on Saturday.

UBS examines takeover of Credit Suisse, with possible Swiss govt guarantee - sources

UBS Group AG is asking the Swiss government for a backstop if it were to buy Credit Suisse Group AG , Bloomberg News reported on Saturday.

UBS seeks Swiss backstop in any Credit Suisse deal - Bloomberg News

Goldman Sachs has cut its recommendation on exposure to European bank debt to neutral from overweight, saying a lack of clarity on Credit Suisse's future path would put pressure on the broader sector in the region.

Goldman Sachs cuts outlook for European bank debt over Credit Suisse crisis

BlackRock said on Saturday it had no plans or interest in acquiring embattled Swiss lender Credit Suisse , a spokesperson for the U.S. asset manager told Reuters.

BlackRock says not participating in any Credit Suisse takeover plan

SVB Financial Group

Insider's Phil Rosen catches you up on the biggest banking crisis since 2008.

Everything you need to know to catch up on Silicon Valley Bank, Credit Suisse, and the trouble rattling the financial world

BlackRock said on Saturday it had no plans or interest to acquire embattled Swiss lender Credit Suisse , a spokesperson for the U.S. asset manager said.

BlackRock says not participating in any plans to acquire Credit Suisse

It follows an earlier report in the Financial Times that UBS is in talks to take over all or part of the embattled Swiss lender.

News for Credit Suisse Stock (CS)