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Credit Suisse faced a staggering $69 billion of outflows in the first quarter, an amount that eclipses UBS's market cap

Mon, 04/24/2023 - 06:25

credit suisse ubs merger logos — Credit Suisse and UBS.
NurPhoto

Markets, MI Exclusive, Credit Suisse, ubs, Saudi National Bank, Banking Crisis, banking crisis 2023

Credit Suisse shares tumble 55% as its UBS rescue deal fails to calm bank-crisis jitters

Mon, 03/20/2023 - 09:07

Credit Suisse in Geneva.

Fabrice Coffrini/AFP/Getty Images

Markets, MI Exclusive, Stocks, Credit Suisse, ubs, Credit Suisse stock, Stock Market Today

UBS is officially buying Credit Suisse in a historic rescue deal. This is how we got here.

Sun, 03/19/2023 - 15:55

Swiss Switzerland Fan Flag Soccer — Credit Suisse's stock is plunging as investors fear a banking crisis.
AP Photo/Schalk van Zuydam

Markets, MI Exclusive, Stocks, Credit Suisse, Banks, Banking Crisis, European Banks

'Everything is fine' at Credit Suisse - it's just a bit of panic, says its biggest backer Saudi National Bank

Thu, 03/16/2023 - 06:22

credit suisse — The logo of Swiss banking giant Credit Suisse is seen on October 17, 2017 in Zurich.
FABRICE COFFRINI/AFP/Getty Images)

Markets, MI Exclusive, Stocks, Credit Suisse, Saudi National Bank, Banks, European Banks

'Dr Doom' Nouriel Roubini warns SVB's collapse could spread havoc beyond the US

Wed, 03/15/2023 - 08:48

Nouriel Roubini economics professor at New York University — Nouriel Roubini, economics professor at New York University.
Photo by Pier Marco Tacca/Getty Images

Markets, MI Exclusive, Stocks, Nouriel Roubini, SVB, Credit Suisse, Financial Contagion

Dow dives over 600 points as Credit Suisse selloff injects fresh unease into markets

Wed, 03/15/2023 - 07:29

credit suisse — Swiss banking giant Credit Suisse.
Fabrice Coffrini/AFP/Getty Images)

Markets, MI Exclusive, Stocks, Dow, S&P 500, NASDAQ, Credit Suisse

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