Credit Suisse Group
- After weeks of struggle to shore up its rapidly deteriorating capital base, Credit Suisse agreed to be acquired by UBS in a forced merger engineered by Switzerland.
In a deal negotiated by the Swiss regulators and the Swiss National Bank, UBS Group AG agreed to pay 50 Swiss cents per share or 3 billion Swiss francs ($3.25 billion), significantly less than the expected price for shareholders.
The Swiss National Bank agreed to provide up to 100 billion Swiss francs in liquidity and the Swiss government will offer a loss guarantee of up to 9 billion Swiss francs. However, UBS will be responsible for the first 5 billion Swiss francs of potential losses linked to the impairment of acquired assets from the bank.
Mar 20, 2023 - Credit Suisse said revenue in the December quarter dropped 20% to Sfr3.0 billion and net loss shrank to Sfr1.4 billion from Sfr2.1 billion and assets under management dropped 20% to Sfr1.3 trillion.
Feb 10, 2023 - Credit Suisse said it already raised about half of Sfr 4 billion it plans to raise.
Dec 9, 2022
| Year | Mar | Jun | Sep | Dec | Annual | |
|---|---|---|---|---|---|---|
| 2022 | -0.11 | -0.62 | -1.58 | -0.36 | - | |
| 2021 | -0.11 | 0.11 | 0.17 | -0.91 | -0.74 | |
| 2020 | 0.54 | 0.48 | 0.24 | -0.12 | 1.14 | |
| 2019 | 0.29 | 0.36 | 0.35 | 0.33 | 1.33 | |
| 2018 | 0.27 | 0.25 | 0.16 | 0.1 | 0.78 | |
| 2017 | 0.31 | 0.13 | 0.09 | 0.07 | 0.6 | |
| 2016 | 0.15 | 0.08 | 0.02 | 1.10 | 1.35 | |
| 2015 | 0.65 | 0.65 | 0.47 | 1.02 | 2.79 | |
| 2014 | 0.54 | -0.52 | 0.67 | 0.48 | 1.17 | |
| 2013 | 0.82 | 0.55 | 0.28 | -0.33 | 1.32 | |
| 2012 | 0.03 | 0.46 | 0.17 | 0.19 | 0.86 | |
| 2011 | 1.02 | 0.55 | 0.63 | -0.68 | 1.49 | |
| 2010 | 1.43 | 1.04 | 0.50 | 0.61 | 4.04 | |
| 2009 | 1.38 | 1.11 | 1.77 | 0.53 | 4.82 | |
| 2008 | -2.03 | 1.09 | -1.14 | -4.62 | 7.25 | |
| 2007 | 1.96 | 2.31 | 1.02 | 1.07 | 6.42 | |
| 2006 | 1.78 | 1.50 | 1.34 | 3.34 | 7.85 | |
| 2005 | 1.39 | 0.67 | 1.31 | 0.73 | 4.16 |