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Business
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Economy
4/25/2023 1:40:09 PM
In a sign fears about the global financial system have eased for now, major central banks are scaling back their offer of emergency dollar loans to banks, a crisis step launched after the collapse of Silicon Valley Bank in the U.S. fed fears about wider troubles.
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Business
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Economy
4/5/2023 2:04:00 PM
UBS chiefs told shareholders on Wednesday that the Swiss bank's emergency takeover of beleaguered rival Credit Suisse was a "Herculean task" strewn with risks, but still the right decision.
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Business
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Markets & Companies
3/29/2023 12:04:39 PM
UBS said Wednesday that it's bringing back former CEO Sergio Ermotti to lead the Swiss bank as it moves forward with a government-orchestrated plan to take over struggling rival Credit Suisse.
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Business
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Economy
3/27/2023 12:56:56 PM
The chairman of Saudi National Bank, the main shareholder of troubled lender Credit Suisse which was bought out this month, has resigned, a statement said on Monday.
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Business
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Economy
3/24/2023 4:51:09 PM
Shares in Deutsche Bank fell sharply Friday, dragging down major European banks and leading German Chancellor Olaf Scholz to express confidence in the solidity of the country’s largest lender as fears about the global financial system sent fresh shudders through the markets.
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Business
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Markets & Companies
3/20/2023 10:20:50 AM
UBS is set to take over its troubled Swiss rival Credit Suisse for $3.25 billion following weekend crunch talks aimed at preventing a wider international banking crisis, but Asian equities sank Monday on lingering worries about the sector.
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Business
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Markets & Companies
3/20/2023 10:20:20 AM
Credit Suisse's largest shareholder Saudi National Bank on Monday said there was "no impact" on its growth plans or profitability after the troubled lender's buyout by UBS.
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Business
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Markets & Companies
3/19/2023 8:23:22 PM
Banking giant UBS is buying its smaller rival Credit Suisse for $3.2 billion in an effort to avoid further market-shaking turmoil in global banking, Swiss President Alain Berset announced on Sunday night.
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Business
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Economy
3/18/2023 1:41:16 PM
Troubled Credit Suisse has two days to reassure before the markets open Monday with the specter of a new turbulent week in global finance looming.
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Sports
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World
5/17/2018 1:10:24 PM
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Business
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Economy
1/27/2017 10:29:49 AM
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Business
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Economy
9/28/2015 10:10:50 AM
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World
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International
11/18/2011 3:50:49 PM
Protesters facing a legal battle over the right to stay camped outside St. Paul's Cathedral said Friday they have taken over a building owned by the UBS bank in east London
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Business
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Economy
9/24/2011 3:59:08 PM
Chief executive of Swiss banking giant hands in resignation in wake of trader's $2.3 billion fraud
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Business
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Economy
9/16/2011 1:42:29 PM
Three Israeli banks and seven others, of which HSBC, Credit Suisse and UBS are under scrutiny by US Justice Department
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Business
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Economy
9/15/2011 1:14:15 PM
Already stumbling after the financial crisis, the bank's reputation takes another hit as police arrest a fraud suspect in central London
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