UBS' Credit Suisse takeover with nickel and a dime. Is this the 'deal of the century'?UBS's acquisition of Credit Suisse for $3.25 billion in March has been hailed as the "deal of the century" after UBS reported a net profit ...
13 Sep, 2023, 10.27 AM IST
Credit Suisse senior staff were paid unreported bonuses: PaperThe SonntagsZeitung report says the alleged profit-sharing scheme dates back to 2008. It lists two payments of 50 million Swiss francs ($56...
07 May, 2023, 08.52 PM IST
Up to 36,000 jobs may go in UBS-Credit Suisse merger: ReportsThe takeover by UBS of Credit Suisse was hastily arranged by the Swiss government on March 19 to prevent a global financial meltdown, follo...
02 Apr, 2023, 03.28 PM IST
Merger of the Century: UBS against the clock in Credit Suisse takeover talksUBS will buy Credit Suisse in a deal to be sealed on Sunday during an exceptional meeting in Bern, bringing together the Swiss government a...
19 Mar, 2023, 09.42 AM IST
Airbus offers to assemble Eurofighter in Switzerland to win $6.5 billion deal: ReportGermany, Italy, Spain and Britain, who make the Eurofighter, have also offered Bern sweeping political cooperation should it win the Swiss ...
27 Jun, 2021, 02.07 PM IST
Credit Suisse sued over risk exposure to Greensill Capital, ArchegosThe pension fund, City of St. Clair Shores Police & Fire Retirement System, based in St. Clair Shores, Michigan, filed the class action law...
17 Apr, 2021, 01.25 PM IST
Novartis CEO says Malaria drug is biggest hope against coronavirus - SonntagsZeitungOther companies including Bayer and Teva have also agreed to donate hydroxychloroquine or similar drugs, while Gilead Sciences is testing i...
29 Mar, 2020, 01.39 PM IST
- Swiss banker pledges silence in US tax case
Swiss weekly SonntagsZeitung cited unnamed bank officials as saying Credit Suisse Group is holding direct negotiations with U.S. authoritie...
27 Feb, 2011, 08.34 PM IST
- Deutsche Bank: Portugal likely to seek bailout
Mayer also told the newspaper that Spain, Italy and Belgium enjoyed much better fundamentals and would not need outside help to refinance t...
26 Dec, 2010, 11.33 PM IST
- WikiLeaks uses Swiss Web address as options narrow
WikiLeaks' elusive founder, his options dwindling, has turned to Switzerland's credit, postal and Internet infrastructure to keep his onlin...
06 Dec, 2010, 10.40 AM IST
- WikiLeaks uses Swiss Web address as options narrow
That site showed Assange had begun seeking donations to an account under his name through the Swiss postal system in Berne.
06 Dec, 2010, 01.08 AM IST
- Swiss parties edge closer to ratifying US tax deal
Swiss lawmakers have signalled their willingness to compromise in a long-running dispute over whether to give the United States files on th...
14 Jun, 2010, 07.03 PM IST
- Thousands more job cuts at to come UBS: Report
Switzerland's biggest bank UBS, which has been hurt badly by the United States subprime crisis, will slash up to 4,500 more jobs.
07 Dec, 2008, 09.38 PM IST
- UBS’ top executives will not receive bonuses in 2008
UBS, the European bank with the highest losses from the US subprime crisis, said its top executives won’t get any bonus payments for 2008.
03 Nov, 2008, 02.24 AM IST
- Credit Suisse set for further subprime writedowns: Analysts
Switzerland's second biggest bank Credit Suisse is expected to post writedowns running into billions of dollars on Thursday amid the ongoin...
24 Apr, 2008, 08.15 AM IST
- US demands to see Swiss-Iran gas contract
The US has demanded to see a Swiss contract for natural gas supplies from Iran to see whether it violates an American sanctions law against...
31 Mar, 2008, 05.54 AM IST
- SAP to consider more takeovers
Software maker SAP would consider more acquisitions following the largest takeover in the company's history, SAP's chief executive reiterat...
14 Oct, 2007, 08.18 PM IST