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Credit Suisse Group Updated:8/3/2022 Country:Switzerland Headquarters:Zurich Industry:Banks: Commercial and Savings CEO:Ulrich Koerner Website:https://www.credit-suisse.com Ticker: Company type:Private Revenues ($M):$29,044 Profits ($M):$-1,806 ...
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Credit Suisse stock slipped about 8% as Wall Street remained concerned about the bank’s ability to recover from this week’s turmoil. Investors are hoping next week’s Federal Reserve meeting will shed more light on the trajectory of the economy following a troublesome week. Traders see a ...
UBS is paying 3 billion Swiss francs ($3.25 billion) for Credit Suisse, about 60% less than the bank was worth when markets closed on Friday. Credit Suisse shareholders will be largely wiped out, receiving the equivalent of just 0.76 Swiss francs in UBS shares for stock that was worth 1.86...