About our Credit Suisse News
Latest news and updates on Credit Suisse, a leading financial services company headquartered in Zurich, Switzerland. The company offers a wide range of services including investment banking, asset management, and private banking. Credit Suisse has a strong global presence with offices in over 50 countries. The company has a long history dating back to 1856 and is one of the largest banks in Switzerland.
In March 2023 the share price of Credit Suisse crashed by 25% after its largest investor, the Saudi National Bank announced it was considering no longer adding to its investment in the Swiss bank. The financial situation lead to the potential collapse of Credit Suisse until fellow Swiss investment bank UBS confirmed it had agreed a deal to acquire Credit Suisse.