The Latest Breaking News from Credit Suisse

Zurich (AFP) - UBS was up against the clock Sunday in talks to finalise a mammoth takeover of its troubled rival Swiss bank Credit Suisse and reassure investors before the markets reopen.

Zurich (AFP) - UBS and Credit Suisse, the two biggest banks in Switzerland, are in takeover talks, according to several media -- a move long deemed unthinkable as the pair are so similar.

Zurich (AFP) - Credit Suisse is in advanced talks with its larger Swiss rival UBS about a deal to salvage Switzerland's second-biggest bank, in a bid to reassure investors before the markets open next week, several media reported Saturday.

Workers reported to have received payouts from ‘modest’ pool of £15m-£20m following takeover deal by HSBC

The travails of Credit Suisse and others have stirred up bad memories for a public still scarred by the financial crisis

The Swiss government reportedly urged UBS to buy Credit Suisse, to end the crisis of confidence around its rival.

Zurich (AFP) - Troubled Credit Suisse has two days to reassure before the markets open Monday with the spectre of a new turbulent week in global finance looming.

Credit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank as regulators urged it to pursue a deal with Swiss rival UBS AG. Credit Suisse Chief Financial Officer Dixit Joshi and his teams will hold meetings over the weekend to assess…

Analysts say the worldwide banking system is facing a crisis of confidence, with the international banking sector entering an uncertain period in the coming days.

The troubled bank continued to see its price fall despite a $54bn cash infusion from the Swiss national bank

New York (AFP) - Stocks markets tumbled again on Friday as fears of a banking crisis resurfaced despite massive financial lifelines thrown at embattled lenders to prevent contagion across the sector.