Credit Suisse tells staff to keep working and that salary and bonus will be paid 'as previously communicated' after UBS takeover deal: reports
Meanwhile, the bank is also telling staff that their roles are"not immediately impacted" and that they should"continue to work as normal," per Bloomberg.
"We know that many of you will have been following the intense media coverage over the past 48 hours on the future of Credit Suisse and appreciate the enormous uncertainty and stress that this has caused," Axel Lehmann, the chairman of Credit Suisse, and Ulrich Körner, the bank's CEO, told staff in a separate memo, per Bloomberg.
But they added there isn't any impact on the bank's clients and day-to-day operations."Our branches and global offices will remain open, and all colleagues are expected to and should continue to come to work," they said, per the news outlet. Credit Suisse's share price closed 8% lower at 1.86 Swiss francs apiece on Friday. They are down 34% so far this year.Sign up for notifications from Insider! Stay up to date with what you want to know.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Musk responds to $100B credit line in $2B UBS-Credit Suisse deal: 'Wow'Twitter CEO Elon Musk responded to the news that UBS would get a $100 billion credit line in the buyout of Credit Suisse for $2 billion, with one word: wow.
Baca lebih lajut »
UBS in talks to buy troubled Credit Suisse, FT reportsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Baca lebih lajut »
UBS in talks to acquire Credit Suisse -FT By Reuters*UBS IN TALKS TO TAKE OVER ALL OR PART OF CREDIT SUISSE AS SHARE PRICES FALL $UBS $CS 🇨🇭🇨🇭
Baca lebih lajut »
Credit Suisse under pressure to merge with UBSCredit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank and regulators urged it to pursue a deal with Swiss rival UBS AG .
Baca lebih lajut »
UBS seeks Swiss backstop in any Credit Suisse deal - Bloomberg NewsUBS Group AG is asking the Swiss government for a backstop if it were to buy Credit Suisse Group AG , Bloomberg News reported on Saturday.
Baca lebih lajut »
Credit Suisse weighs survival options as regulators push UBS deal By Reuters*CREDIT SUISSE MEETS TO WEIGH OPTIONS, UNDER PRESSURE TO MERGE WITH UBS $CS $UBS
Baca lebih lajut »