Month : March 2023
UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system
The $3.2 billion rescue deal came after a weekend of crunch talks, with the chairman of UBS describing it as “absolutely essential to … global...
UBS agrees $3.25bn rescue deal for rival Credit Suisse
Regulators engineer takeover of stricken bank by larger Swiss competitor after frantic weekend...
Nvidia CEO Jensen Huang On How His Big Bet On A.I. Is Finally Paying Off – Full Interview
Ahead of this year’s Nvidia GTC developer conference, CNBC sat down with founder and CEO Jensen Huang to talk about ChatGPT, gaming, the omniverse, and...
UBS offers to buy Credit Suisse for up to $1 billion, the Financial Times reports
The deal, which could be signed as early as this evening, values Credit Suisse at around $7 billion less than its market value at Friday’s...