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Tag: Credit Suisse takeover rumors

BlackRock Reportedly Intervenes In UBS, Credit Suisse Talks

BlackRock Inc Vice Chairman Philipp Hildebrand is taking part in talks as Swiss officials look to draft a deal that will see UBS Group take over Credit Suisse Group AG, several confidential sources reported on Saturday. The report, which came courtesy of Bloomberg News, was...

State Street Denies Credit Suisse Takeover

U.S. banking powerhouse State Street publicly denied recent rumors about its attempts to acquire struggling Swiss lender Credit Suisse. According to the statement sent out via mail to influential media outlet Bloomberg, "there is no basis" for these "continuing market rumors." "State Street is not...