Credit Suisse receives NYSE notice of non-compliance with share price requirements
Credit Suisse is no longer in compliance with the NYSE’s continued listing minimum price criteria set forth in the NYSE Listed Company Manual.
Credit Suisse is no longer in compliance with the NYSE’s continued listing minimum price criteria set forth in the NYSE Listed Company Manual.
UBS Group AG will initially manage the two separate parent companies – UBS AG and Credit Suisse AG.
In the first quarter, UBS attracted $28bn of net new money in GWM, of which $7bn came in the last ten days of March.
Credit Suisse’s performance in Q1 2023 was mainly impacted by actions leading up to the planned merger with UBS.
The UBS-Credit Suisse discussions were initiated jointly by the Swiss Finance ministry, FINMA, and the Swiss National Bank.