# credit suisse stock

UBS completes Credit Suisse takeover to become wealth management behemoth » UBS completed its emergency takeover of embattled local rival Credit Suisse on Monday, forging a Swiss banking and wealth management giant with a $1.6 trillion balance sheet. Reuters.com

Credit Suisse rights sell-off spells worst year for its shares » Credit Suisse shares slid below 3 Swiss francs on Tuesday as investors dumped rights to subscribe to new shares in a cash call aimed at raising $2.3 billion for the loss-making bank. Reuters.com

Credit Suisse stock slump triggers close monitoring by regulators » Credit Suisse shares slumped by as much as 30% on Wednesday after its largest shareholder said it could not provide further support, prompting the Swiss bank's CEO to make new assurances on its financial strength. Reuters.com

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Credit Suisse's biggest backer says can't put up more cash; share down by a fifth » The head of Credit Suisse Group's largest shareholder, Saudi National Bank (SNB) , said on Wednesday it would not buy more shares in the Swiss bank on regulatory grounds. Reuters.com

Credit Suisse faces crucial weekend with its future in balance » Credit Suisse Group AG headed into a make-or-break weekend after some rivals grew cautious in their dealings with the struggling Swiss lender, and its regulators urged it to pursue a deal with UBS AG . Reuters.com

Credit Suisse shares close slightly higher on final trading day » Credit Suisse shares closed 1% higher at 0.81 Swiss francs ($0.89) on Monday, their last trading day after the stricken bank's takeover by Swiss rival UBS . Reuters.com