UBS must face two lawsuits by investors who said the former Credit Suisse defrauded them prior to its March 2023 demise with ...

Credit Suisse announced late Wednesday it was taking "decisive action" and borrowing up to 50 billion Swiss francs -- about $54 billion -- to ease investor fears.

Concerns about the banking sector pressure bonds issued by banks and financial companies on Wednesday as investors monitor Credit Suisse woes.