Page 3 - Credit Suisse

Crypto decouples from global financial markets amid banking sector gloom

The collapse of several banks in the last two weeks has spread fears of contagion in global markets, but crypto markets saw a bull run, with Bitcoin climbing to its nine-month high on Monday

Are the ultra-rich ready for Singapore after Credit Suisse's collapse?

If it looks like the US is halting its monetary-tightening campaign because disinflation is on the horizon, risk sentiment may start improving

Credit Suisse collapse reveals ugly truths about Switzerland for investors

In the race to secure UBS Group AG's purchase, the govt invoked the need for stability and emergency legislation to override two key aspects of open markets: competition law and shareholder rights

Credit Suisse bankers seek new jobs, flood headhunters with calls

"If they aren't going to CSFB they will have to be emigrated into UBS fixed-income, which is a much smaller business than Credit Suisse," a headhunter said in an interview

TMS Ep393: Credit Suisse crisis, real estate, bank stocks, Toshakhana case

Will the Credit Suisse crisis affect India? What does real estate tell us about Indian economy? How should investors approach bank stocks? What is the Toshakhana case against Imran Khan? Answers here

US banking turmoil: Wipeout of risky bonds upends $275-billion market

UBS Group AG told Credit Suisse wealth bankers it's weighing financial sweeteners for them to stay as it seeks to reassure key staff following the takeover

Banking turmoil: Credit Suisse, UBS stocks see wild swings after deal

Credit Suisse nosedives 64%; UBS falls 15% in early trade but recovers later

Markets slide after UBS rescue of Credit Suisse; Nifty ends below 17,000

Deal between Swiss banks fail to lift sentiment; Sensex drops 905 pts before settling 361 pts lower

UBS needs RBI approval to operate Credit Suisse as a bank in India

This is because UBS had surrendered its bank licence about a decade back after the banking regulator denied its request to offer wealth management services

Avoiding contagion

Credit Suisse collapse shows need to focus on stability

UBS buy gives Credit Suisse India's employees a glimmer of hope

Industry players see better synergies at India units of Swiss banking giants

Sensex crashes over 900pts intra-day: 5 factors behind Monday's market rout

Analysts attribute fallout in domestic equities due to investors' fear of a domino effect after the collapse of big financial institutions in the US, and Europe

Relief over Credit Suisse deal crumbles as focus shifts to bond risks

In a package orchestrated by Swiss regulators on Sunday, UBS Group AG will pay 3 billion Swiss francs ($3.23 billion) for 167-year-old Credit Suisse Group AG and assume up to $5.4 billion in losses

UBS takes over Credit Suisse: Everything you need to know about the crisis

Credit Suisse crisis: Swiss government said it would provide $9 bn to help UBS meet the possible losses while taking over Credit Suisse, and Swiss National Bank will provide $100 bn of liquidity

Top headlines: UBS to buy Credit Suisse for nearly $3.25 bn amid turmoil

Business Standard brings you the top headlines at this hour

To calm turmoil, UBS to buy Credit Suisse in $3.25 billion rescue deal

Banking giant UBS is buying troubled rival Credit Suisse for almost USD 3.25 billion, in a deal orchestrated by regulators in an effort to avoid further market-shaking turmoil in the global banking system. Swiss authorities pushed for UBS to take over its smaller rival after a plan for Credit Suisse to borrow up to 50 billion francs (USD 54 billion) failed to reassure investors and the bank's customers. Shares of Credit Suisse and other banks plunged this week after the failure of two banks in the US sparked concerns about other potentially shaky institutions in the global financial system. Credit Suisse is among the 30 financial institutions known as globally systemically important banks, and authorities worried about the fallout if it were to fail. The deal was one of great breadth for the stability of international finance," said Swiss President Alain Berset as he announced it Sunday night. "An uncontrolled collapse of Credit Suisse would lead to incalculable consequences for the

Indian rupee, bond yields await Fed Reserve's policy move for cues

The move could bring early relief to the market when they open on Monday. The rupee non-deliverable forwards market signalled a slightly weaker rupee on open

Credit Suisse's 9,000 job cuts are foretaste of UBS takeover amid crisis

The merger creates significant overlaps. The two lenders together employed almost 125,000 people at the end of last year, with about 30% of the total in Switzerland

Credit Suisse tells staff bonuses will still be paid amid UBS takeover

There will be no changes to payroll arrangements and bonuses will still be paid on March 24, Credit Suisse said in an internal memo to staff

Stocks to Watch: Tata Consumer, NTPC, RVNL, GMR Airports, Havells, SKF

Stocks to Watch: Tata Consumer Products ceased negotiations with Bisleri for a potential acquisition. It said no definitive agreement or binding commitment has been signed on this matter