The Latest Breaking News on UBS reports $785m loss due to costs of Credit Suisse integration

City Comment: The concern now must be that the banking is in the hands of one gigantic institution

In light of the repercussions of the crisis experienced by the Credit Suisse Group, the second largest bank in Switzerland, which has been operating for 167 years, the Saudi National Bank announced on Monday that any change in the fair value of its investment in the Swiss group would not…

Could isolated failures herald another global banking crisis?

UBS’s rescue of Credit Suisse is expected to result in tens of thousands of job cuts, while bank shares are recovering today on both sides of Atlantic

Economists caution against comparisons to 2007-08 bank failures despite persistent market turmoil.

Financial authorities are now trying to prevent problems spreading throughout the global banking system and a repeat of the disastrous financial meltdown of 2008

The Swiss lender with nearly $575 billion in total assets collapsed at first slowly, then all at once.

Global banking system is under pressure amid row over who should lose out first when a bank struggles

Globally connected Credit Suisse has been taken over by rival UBS at the urging of Swiss authorities to avoid a collapse that could have sent shock waves through the global economy

Collapse of Silicon Valley Bank sparks collapse of confidence in markets

Global banking stocks have been battered in recent weeks amid chaos in the industry.