By Scott Murdoch SYDNEY (Reuters) – Asian policymakers on Monday moved to calm investor nerves after announcements of a historic Swiss-backed takeover of troubled Credit Suisse and a coordinated move …
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Singapore central bank says no interruption to Credit Suisse operations
by Reutersby Reuters(Reuters) – Singapore’s central bank said Credit Suisse Group would continue operating in the city-state without any curbs, adding that it expected no impact of the Swiss bank’s takeover by …
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(Reuters) – Swiss Finance Minister Karin Keller-Sutter was determined to present the deal for UBS to buy Credit Suisse as no bailout but the best possible solution to a difficult …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Buckle up. Asian markets are set for a volatile open on Monday after …
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Bank of England welcomes Credit Suisse deal, says UK banks are safe
by Reutersby ReutersLONDON (Reuters) – The Bank of England welcomed moves by the Swiss authorities to broker a take-over by UBS of Credit Suisse on Sunday, indicating it would support approval of …
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(Reuters) – UBS Group AG has offered to buy Credit Suisse for up to $1 billion, with the Swiss government planning to change the country’s laws to bypass a shareholder …
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UBS, regulators race to seal Credit Suisse deal as soon as Saturday – FT
by Reutersby Reuters(Reuters) – The Swiss National Bank and Swiss regulator FINMA have told their international counterparts they regard a deal with UBS Group as the only way to prevent a collapse …
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UBS seeks Swiss backstop in any Credit Suisse deal – Bloomberg News
by Reutersby Reuters(Reuters) – UBS Group AG is asking the Swiss government for a backstop if it were to buy Credit Suisse Group AG, Bloomberg News reported on Saturday. UBS is discussing …
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Goldman Sachs cuts outlook for European bank debt over Credit Suisse crisis
by Reutersby ReutersLONDON (Reuters) – Goldman Sachs has cut its recommendation on exposure to European bank debt to neutral from overweight, saying a lack of clarity on Credit Suisse’s future path would …
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BlackRock says not participating in any plans to acquire Credit Suisse
by Reutersby ReutersLONDON (Reuters) – BlackRock said on Saturday it had no plans or interest to acquire embattled Swiss lender Credit Suisse, a spokesperson for the U.S. asset manager said. “BlackRock is …
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(Reuters) -Banking giant UBS is in discussions to take over all or parts of Credit Suisse, with the boards of Switzerland’s two biggest lenders set to meet separately over the …
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Swiss lawmakers tell Credit Suisse to clean up its act, seek to ringfence crisis
by Reutersby ReutersBy Alexandra Hudson and Tom Sims ZURICH (Reuters) – Swiss lawmakers on Friday vowed to bring those responsible for Credit Suisse’s problems to account and urged it to clean up …
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Credit Suisse sees central bank cash as buying time for overhaul- executive tells SRF
by Reutersby ReutersZURICH (Reuters) – Credit Suisse sees its access to 50 billion Swiss francs ($53.98 billion) of central bank funding as “precautionary liquidity” to allow the embattled lender to continue its …
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S&P Global Ratings: no direct threat to Latam financial system from SVB, Credit Suisse
by Reutersby ReutersLONDON (Reuters) – The collapse of Silicon Valley Bank last week and the turmoil around Credit Suisse do not pose a direct threat to Latin America’s financial system, S&P Global …
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Credit Suisse CEO said bank’s liquidity basis is “very very strong”
by Reutersby Reuters(Corrects the source of the interview in first paragraph) ZURICH (Reuters) – Credit Suisse Chief Executive Ulrich Koerner spoke of the strength of the Swiss lender’s liquidity basis in an …
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Taiwanese financial sector has low exposure to Credit Suisse -regulator
by Reutersby ReutersTAIPEI (Reuters) – The Taiwanese financial sector’s exposure to Credit Suisse is low and “controllable”, the island’s financial regulator said on Thursday. Taiwanese insurers – large investors on global bond …
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Swiss National Bank confirms that it will provide liquidity to Credit Suisse
by Reutersby ReutersZURICH (Reuters) – The Swiss National Bank confirmed on Thursday that it will provide liquidity to Credit Suisse against sufficient collateral. “Within the framework of its statutory mandate, the SNB …
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ZURICH (Reuters) – Credit Suisse is to borrow up to $54 billion from the Swiss central bank to bolster liquidity and reassure investors after its shares slumped on fears of …
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Japan bank lobby chief sees no signs of contagion from Credit Suisse woes
by Reutersby ReutersBy Makiko Yamazaki TOKYO (Reuters) – The head of Japan’s banking lobby said on Thursday that there are no signs at the moment of the Japanese financial system being affected …
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(Reuters) – India’s banking sector will likely have a softer impact from the troubles at Credit Suisse, given the Swiss lender’s relatively small presence in the country, equity analysts at …
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Credit Suisse plunge sends traders flocking to its U.S-listed options
by Reutersby ReutersBy Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders piled into U.S.-listed options on Credit Suisse at a record pace on Wednesday, as worries over the future of the embattled …
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Swiss government holds talks on options to stabilize Credit Suisse – Bloomberg News
by Reutersby Reuters(Reuters) – Swiss authorities and Credit Suisse Group AG are discussing ways to stabilize the bank, Bloomberg reported on Wednesday, citing people familiar with the matter. Credit Suisse leaders and …
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ZURICH (Reuters) – Credit Suisse group’s executive board took home 32.2 million Swiss francs ($35.27 million) in fixed compensation while collectively forgoing a bonus for the first time in more …
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Credit Suisse shares hit new all-time low as banks hit by U.S. fallout
by Reutersby ReutersZURICH (Reuters) -Credit Suisse shares hit a new all-time low in early trading on Friday as the European banking sector suffered the fallout from a sharp sell-off in U.S. financial …
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Exclusive-Credit Suisse regulatory compliance head leaving as part of wider overhaul -sources
by Reutersby ReutersBy Stefania Spezzati LONDON (Reuters) – Credit Suisse’s head of regulatory compliance, Julian Gooding, is leaving Switzerland’s second-biggest bank as part of a sweeping overhaul involving thousands of job cuts, …