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US Federal Reserve gives nod to acquisition of US subsidiaries of Credit Suisse by UBS

UBS-Credit Suisse merger: As part of the deal, UBS will provide the Fed with “an implementation plan” for combining the US businesses of the two firms. The plan will be updated quarterly. ....

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Bank fears spread to Europe, drag down shares of big lenders

Fears about the world banking system spread to Europe as shares in the globally connected Swiss bank Credit Suisse plunged ....

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UBS confident about Credit Suisse deal despite 'huge' risk

GENEVA (AP) The UBS chairman voiced confidence Wednesday that the Swiss bank will succeed in a government-engineered takeover of hobbled rival Credi ....

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UBS confident about Credit Suisse deal despite 'huge' risk

The UBS chairman voiced confidence Wednesday that the Swiss bank will succeed in a government-engineered takeover of hobbled rival Credit Suisse, pledging the deal will reduce costs, benefit shareholders and buttress Swiss finance despite "huge" risks in knitting the global lenders together. ....

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UBS Confident About Credit Suisse Deal Despite 'Huge' Risk

UBS Confident About Credit Suisse Deal Despite 'Huge' Risk
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