The Latest Breaking News from UBS

Beleaguered bank Credit Suisse is bought out by Swiss rival UBS, with the nation's president saying an uncontrolled collapse would have had "incalculable consequences" for the international finance system.

Swiss leaders are holding a news conference Sunday night following several media reports that banking giant UBS is believed to be in talks to acquire its smaller rival Credit Suisse

UBS has agreed to buy Credit Suisse after increasing its offer to more than $2 billion, the Financial Times reported on Sunday.

Swiss President Alain Berset said the deal was one of great breadth for the stability of international finance’

UBS Group AG has offered to buy Credit Suisse for up to $US1 billion ($1.5 billion), the Financial Times reports.

Swiss government forces through takeover at well below market value amid fears of global banking crisis

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

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…

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

Longtime troubles at Credit Suisse have come to a head this week with a record stock plunge that spread fears of a banking crisis jumping from the U.S. to Europe