Industry News, Trustworthy Insights

Popular Companies:

UBS: We were rushed into unwanted Credit Suisse rescue

UBS Group AG was compelled to purchase Credit Suisse Group AG in a hurried deal that it did not want, as the latter's financial situation worsened amidst a global banking crisis. UBS had less than four days to conduct due diligence due to the "emergency circumstances". The bank estimated that it would suffer a loss of around $17 billion from the acquisition.

Industry news used by professionals

Try £4.99 per month

Already a member?
Weekly Digest

All the week’s industry events straight to your inbox.

Before your sign up, please read terms of use and privacy policy.

Trending

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to our terms of use and privacy policy.

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Password Reset

You will soon receive a Reset Password link

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to terms of use and privacy policy.

Send us your article

[formidable id=3]