Credit Suisse Investment Bank Said a Key Sticking Point in Talks
Bloomberg.com— Credit Suisse Group AG’s investment banking and trading operations are a key sticking point in the government-brokered talks for rival UBS Group AG to take over the troubled lender, according to people with knowledge of the matter.
BBC News—Credit Suisse bank: UBS said to be in takeover talks with troubled rival. Emergency talks are reported in Zurich as regulators seek a deal for Credit Suisse before Monday.
WTOP—European Central Bank approves large half-point interest rate hike despite fears over Silicon Valley Bank, Credit Suisse. FRANKFURT, Germany (AP) — European Central Bank approves large half-point interest rate hike despite fears over Silicon Valley Bank, Credit Suisse.
www.scotsman.com—Credit Suisse: Banking crisis fears ramp up after Credit Suisse £45 billion emergency loan. Fears over a banking crisis remained at the fore on Thursday after Credit Suisse said it would borrow up to 50 billion Swiss francs (£45 billion) from Switzerland’s central bank to bolster its finances, sparking hefty falls in Asian trading.