Credit Suisse

First Boston, was a New York-based bulge bracket investment bank, founded in 1932 and acquired by Credit Suisse in 1990. Together with its sister investment banks, it was referred to as CS First Boston after 1993 and part of Credit Suisse First Boston after 1996. The First Boston part of the name was phased out by 2006.

First Boston

Credit Suisse Group AG is a holding company, which engages in the provision of financial services. It operates through the following four divisions: Wealth Management, Investment Bank, Swiss Bank and Asset Management and four geographic regions: Switzerland, Europe, the Middle East and Africa (EMEA), Asia Pacific, and Americas. The Wealth Management division offers comprehensive wealth management and investment solutions, tailored financing, and advisory services to ultra-high-net-worth (UHNW) and high net-worth (HNW) individuals and external asset managers. The Investment Bank division offers a broad range of financial products and services focused on client-driven businesses and also supports Credit Suisse’s Wealth Management division and its clients. The Swiss Bank division offers comprehensive advice and a wide range of financial solutions to private, corporate, and institutional clients in Switzerland. The Asset Management division offers investment solutions and services globally to a broad range of clients, including pension funds, governments, foundations and endowments, corporations, and individuals. The company was founded by Alfred Escher on July 5, 1856 and is headquartered in Zurich, Switzerland.

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UBS Group AG

UBS Group AG faces hundreds of millions of dollars in penalties over Credit Suisse's mishandling of Archegos Capital, after UK, Swiss and U.S. regulators completed their investigations, Financial Times reported on Monday.

UBS faces big penalty over Credit Suisse's Archegos failings -FT

Switzerland's parliament announced on Wednesday the 14 members of a special commission that will look into Credit Suisse's collapse and its subsequent rescue engineered by Swiss authorities.

Swiss parliament names 14-member commission to probe Credit Suisse crash

UBS has axed a raft of senior Credit Suisse executives after the bank completed the takeover of its ailing rival. The Swiss lender said a number of Credit Suisse's most senior bosses will leave the combined company, while others will take on lesser roles, as UBS asserts its dominance following the tie-up.

UBS axes senior Credit Suisse execs as it flexes muscle after takeover

Credit Suisse shares closed 1% higher at 0.81 Swiss francs ($0.89) on Monday, their last trading day after the stricken bank's takeover by Swiss rival UBS.

Credit Suisse shares close slightly higher on final trading day

UBS Group AG (UBS) completes the acquisition of Credit Suisse in an all-share deal. The buyout is concluded after the signing of the Loss Protection Agreement with the Swiss government on Jun 9, 2023.

UBS Closes Credit Suisse Buyout, Becomes Swiss Banking Giant

A committee that reviews disputes in the credit default swaps (CDS) market said on Monday that it had been asked to address a question of whether there is a successor to Credit Suisse Group.

CDS committee to rule whether there is a successor to Credit Suisse after merger completion

The bank will continue to be run as a separate entity while it is integrated with UBS, but shares will cease trading.

Credit Suisse Ends 167 Years of Independence as UBS Acquisition Closes

UBS's Chief Executive Sergio Ermotti said around 10% of Credit Suisse staff have already left the company before its takeover by his bank.

UBS CEO says around 10% of Credit Suisse employees have left the bank

UBS has finalized its emergency takeover of fallen rival Credit Suisse, creating a giant Swiss bank with nearly $1.7 trillion in assets in the biggest banking tie-up since the 2008 global financial crisis.

UBS completes Credit Suisse takeover. Here's what it means

UBS followed up the announcement it had closed the takeover of stricken rival Credit Suisse on Monday with a raft of management changes.

Factbox: Credit Suisse arrivals and departures after UBS seals takeover

The deal marks the end of 167 years of independence for the troubled bank and the beginning of a new stretch in financial history with one dominant Swiss manager of money for the global elite.

Credit Suisse Era Ends After UBS Takeover Becomes Official

With its Credit Suisse takeover officially wrapped up, UBS must now make good on its promise that the government-orchestrated rescue will deliver both for shareholders and Swiss taxpayers.

Explainer: UBS has Swiss mountain to climb with Credit Suisse

UBS said Monday that it has finalized its takeover of Credit Suisse AG, ending a monthslong saga that saw the collapse of one of Switzerland's biggest financial institutions.

UBS says its takeover of Credit Suisse is now complete

Swiss bank UBS released an open letter Monday saying that it had formally completed the takeover of its rival Credit Suisse.

UBS says it has completed the takeover of stricken rival Credit Suisse

UBS on Monday said it completed its emergency takeover of embattled local rival Credit Suisse , creating a giant Swiss bank with a balance sheet of $1.6 trillion and greater muscle in wealth management.

UBS completes Swiss mega-merger, gains clout as global wealth player

UBS AG is set to impose tight restrictions on Credit Suisse bankers, including a ban on new clients from high-risk countries and on complex financial products, the Financial Times said on Sunday, citing people with knowledge of the matter.

UBS to impose restrictions on Credit Suisse bankers after takeover complete, FT says

Credit Suisse Group AG Chief Executive Ulrich Koerner has indicated to employees that the bank's takeover by UBS AG will close on Monday, Bloomberg News reported on Saturday, citing a memo.

Credit Suisse CEO memo signals UBS deal to close Monday - Bloomberg

NEW YORK , June 9, 2023 /PRNewswire/ -- Credit Suisse AG announced today that, following June 30, 2023, CME Term SOFR will be the replacement reference rate for its outstanding New York law-governed debt securities that use U.S. dollar LIBOR as the reference rate . The outstanding notes of Credit Suisse AG listed below (the "LIBOR Notes") currently use three-month U.S. dollar LIBOR as the reference rate and require the calculation agent to select a successor reference rate following the cessation of three-month U.S. dollar LIBOR.

Credit Suisse AG Announces CME Term SOFR As Replacement Reference Rate for Its Outstanding U.S. Dollar LIBOR-Linked Debt Securities

UBS and the Swiss government have agreed on how they will share losses linked to the bank's emergency takeover of Credit Suisse, which will create a giant Swiss bank. The agreement clears the way for the takeover to close within days, .

UBS and Swiss government sign Credit Suisse loss-sharing deal, clearing way for takeover to close

UBS and the Swiss government agreed on Friday on how they will share losses linked to the bank's emergency takeover of Credit Suisse , clearing the way for the deal to close in the coming days.

Factbox: UBS, government agree on Credit Suisse loss guarantees - key points

UBS Chief Executive Sergio Ermotti hinted on Friday his bank's takeover of Credit Suisse will close on Monday, the earliest expected date.

UBS CEO signals takeover of Credit Suisse could be completed by Monday

UBS said Friday that it's signed a loss protection agreement with the Swiss government covering up to 9 billion francs ($10 billion) of losses once the takeover of Credit Suisse is completed.

UBS inks pact with Swiss government as Credit Suisse deal may close next week

UBS has signed an agreement with the Swiss government to cover up to 9 billion Swiss francs ($10.00 billion) in losses from its emergency takeover of Credit Suisse , the country's largest bank and government said on Friday.

UBS agrees with Swiss government on Credit Suisse loss guarantee

UBS and the Swiss government announced Friday that they had signed a loss protection agreement which will come into effect once the takeover of Credit Suisse is completed.

UBS and the Swiss government sign loss protection agreement over Credit Suisse takeover

Credit Suisse and a joint venture partner are seeking buyers for their China securities brokerage business due to the Swiss bank's takeover by rival UBS , said two people with direct knowledge of the matter.

News for Credit Suisse Stock (CS)