Credit Suisse's $3.2 billion cut-price sale signals an ongoing crisis that could expose unicorn fintechs

Tech Insider
Credit Suisse logo
Credit Suisse's collapse will prompt deep soul-searching for neobanks.

Arnd Wiegmann/Getty Images

US stocks trade mixed as investors assess banking turmoil after UBS takeover of Credit Suisse

Tech Insider

Stock Trader

Photo by TIMOTHY A. CLARY/AFP via Getty Images)

Bitcoin soars to a 9-month high after Credit Suisse takeover fails to calm banking fears

Tech Insider : Crypto
Bitcoin.
Bitcoin.

Photo by Getty Images

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

Tech Insider
Credit Suisse logo
Credit Suisse in Geneva.

Fabrice Coffrini/AFP/Getty Images

UBS is set to buy Credit Suisse for $3.2 billion. The megadeal could make the banking crisis worse.

Tech Insider
wall street traders 2008
UBS acquiring Credit Suisse has major implications for markets and the US economy.

Mike Segar/Reuters

Credit Suisse rescue: The biggest winners and losers from UBS's historic deal

Tech Insider
Credit Suisse
UBS agreed to buy its biggest rival Credit Suisse for just over $3 billion Sunday.

NurPhoto/Getty Images

How bad is the banking crisis?

Tech Insider
People walk by the New York headquarters of Credit Suisse on March 15, 2023 in New York City. After its largest shareholder said it could not provide further support, Credit Suisse shares fell by as much as 30% on Wednesday as global concerns over the stability of major banks continued to spread.
People walk by the New York headquarters of Credit Suisse on March 15, 2023 in New York City.

Spencer Platt/Getty Images

The stock market is going to be trading flat as long as risk-free assets offer much more yield

Tech Insider

Good morning. I'm senior editor, Max Adams, standing in for Phil Rosen. 

It's official: UBS will take over Credit Suisse in a historic deal. 

The Swiss National Bank made the announcement Sunday, saying that with the takeover, "a solution has been found to secure financial stability and protect the Swiss economy in this exceptional situation."

UBS acquiring Credit Suisse is 'no bailout' says Swiss finance minister — but top economist Mohamed El-Erian disagrees

Tech Insider
Credit Suisse logo
UBS acquiring Credit Suisse is 'no bailout' says Swiss finance minister — but top economist Mohamed El-Erian disagrees

Arnd Wiegmann/Getty Images

Dow sinks as much as 400 points as UBS's Credit Suisse rescue deal fails to ease US banking crisis fears

Tech Insider
People walk by the New York headquarters of Credit Suisse on March 15, 2023 in New York City. After its largest shareholder said it could not provide further support, Credit Suisse shares fell by as much as 30% on Wednesday as global concerns over the stability of major banks continued to spread.
US stock futures fell Monday after UBS agreed a deal to take over rival bank Credit Suisse.

Spencer Platt/Getty Images

Subscribe to Credit Suisse