Federal Reserve Approves UBS’ Acquisition of Credit Suisse
The Federal Reserve Board approved UBS’ acquisition of the U.S. subsidiaries of Credit Suisse.
The Federal Reserve Board approved UBS’ acquisition of the U.S. subsidiaries of Credit Suisse.
The Wall Street Journal reported that Credit Suisse Group AG is launching a specialty finance company to invest in unrated debt of small and midsize U.S. companies.
The Wall Street Journal reported Alibaba Group Holding obtained $8 billion in financing from nine banks. Citigroup and others were said to have provided the financing.
Bloomberg reported that Goldman Sachs’ hiring of a Credit Suisse executive has left the individual facing a lawsuit accusing her of stealing her former employer’s trade secrets.
Bloomberg is reporting that online instructional provider, Edmentum, is said to be seeking $229.4 million to refinance debt. Credit Suisse Group was said to be arranging the transaction.