acquisition of Credit Suisse

GPTKB entity

Statements (17)
Predicate Object
gptkbp:instanceOf acquisition
gptkbp:acquiredBy gptkb:Credit_Suisse
gptkbp:acquirer gptkb:UBS
gptkbp:announced 2023-03-19
gptkbp:cause prevent financial instability
gptkbp:completedIn 2023-06-12
gptkbp:consequence AT1 bond write-down
Credit Suisse brand to be phased out
global banking market impact
job cuts at Credit Suisse and UBS
gptkbp:country gptkb:Switzerland
gptkbp:deal_structure all-share transaction
gptkbp:deal_value 3 billion Swiss francs
https://www.w3.org/2000/01/rdf-schema#label acquisition of Credit Suisse
gptkbp:regulates gptkb:Swiss_Financial_Market_Supervisory_Authority_(FINMA)
gptkbp:bfsParent gptkb:2023_United_States_banking_crisis
gptkbp:bfsLayer 8