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Credit Suisse Group AG News & Media

UBS completes merger with Credit Suisse

May 31, 2024

UBS Group AG announced the completion of the merger of UBS AG and Credit Suisse AG. Through this merger, Credit Suisse AG was deregistered in the Commercial…

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Credit Suisse narrowly avoids shutdown with USB acquisition

March 21, 2023

UBS has acquired Credit Suisse to prevent the bank from collapsing. The acquisition occurred in the wake of the recent collapse of Silicon Valley Bank…

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Credit Suisse hits record low stock prices following scandals

October 4, 2022

Credit Suisse took a major hit to its stock price Monday as it hit a record low of $3.64. The drop was due to market concerns over the bank, particularly after…

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Switzerland to consider changing banking secrecy laws due to UN pressure

May 3, 2022

The Swiss government is currently considering whether to change banking secrecy laws due to pressure from UN officials, who argue that these laws allow account…

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Credit Suisse to launch app to rival digital challengers

September 11, 2020

Credit Suisse will compete with rival challenger banks by launching an app-only banking service.

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Credit Suisse closing 37 branches in streamlineing effort

August 26, 2020

Swiss bank Credit Suisse plans to close 37 branches and cut jobs in its home country of Switzerland as part of an effort to streamline its business.

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