🔊 Credit Suisse was saved by UBS with a $3 billion takeover. peter_tl, LJucca and Unmack1 join aimeedonnellan to debate why the deal pushes up bank funding costs, how the new mega-lender affects Switzerland’s financial system, and more. Listen 👉
Breakingviews columnists talk about the big numbers, crunchy deals and nasty spats in global business and economics, .
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Anxious Credit Suisse staff flood recruiters amid UBS sale: reportRecruiters worldwide are inundated with calls from anxious Credit Suisse bankers seeking new jobs amid the UBS takeover, report says
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UBS set for talks with Michael Klein to terminate Credit Suisse investment bank deal - FTUBS is set to enter talks with Michael Klein to terminate a deal that would have seen the Wall Street dealmaker take control of much of Credit Suisse's investment bank, the Financial Times reported on Tuesday.
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UBS and Credit Suisse's wealth business merger will be awkwardUBS will become a Swiss wealth behemoth after buying Credit Suisse, but blending the two rivals could get awkward and messy
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UBS likely to shrink Credit Suisse's $10 bln shipping portfolio -WSJUBS Group AG will likely shrink Credit Suisse Group's $10 billion shipping portfolio that it inherited as part of its emergency takeover on Sunday, the Wall Street Journal reported on Wednesday.
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Banking stocks steady after Credit Suisse rescue as focus turns to FedInvestors stepped cautiously into bank stocks on Tuesday, emboldened by the rescue of Credit Suisse, with share prices tentatively rising in Europe and Asia amid lingering concerns about further damage to credit markets and smaller U.S. lenders.
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Credit Suisse bondholders prepare lawsuit after contentious $17 billion writedownA number of Credit Suisse bondholders said they are considering legal action after the $17 billion wipeout of the embattled bank's AT1 bonds.
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