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Credit Suisse News

Ex-Credit Suisse executives to pay UBS Group $115 million to settle risk suit

Published 318 days ago

UBS layoffs: Next round of job cuts planned in Credit Suisse integration

Signs of Swiss bank giant UBS bank are seen in Basel.

Published 817 days ago

UBS to cut more than half of workforce at Credit Suisse: Report

The logos of the Swiss banks Credit Suisse and UBS are pictured in Zurich, Switzerland, June 12.

Published 1112 days ago

Over $68 billion withdrawn from Swiss' Credit Suisse ahead of UBS merger

The bank also reported deceptively bloated net profits for the quarter,

Published 1177 days ago

Credit Suisse accused of obstructing probe into Nazi accounts investigation

The latest internal Credit Suisse investigation was conducted by forensic research firm AlixPartners and overseen by Neil Barofsky,

Published 1182 days ago

Credit Suisse rescue package rejected by Swiss parliament

Published 1188 days ago

Ex-RBI governor Raghuram Rajan says banking system headed for more trouble

Former Governor of Reserve Bank Of India (RBI) Raghuram Rajan

Published 1194 days ago

US bank runs hold key lessons for India

A bank will survive only as long as it can carry the bluff that it can redeem all deposits even if it were to do so all at once. To SVB’s misfortune, its bluff got called. Avoiding that fate is a perennial challenge for a bank (AFP)

Updated 1195 days ago

Swiss financial regulator defends Credit Suisse takeover by UBS

Signs of Swiss bank giant UBS bank are seen in Basel.

Published 1196 days ago

'I apologise,' Credit Suisse chairman admits failure to shareholders

Chairman of Credit Suisse, Axel Lehmann speaks during Credit Suisse Annual General Meeting, two weeks after being bought by rival UBS in a government-brokered rescue, at Hallenstadion, in Zurich, Switzerland, April 4, 2023.

Published 1197 days ago

UBS-Credit Suisse merger anticipated to cause over 30,000 jobs loss

Logos of Swiss bank UBS and Credit Suisse.

Published 1199 days ago

Nestle to examine banking relationships following Credit Suisse downfall

Price increases had so far only had a "very limited" impact on consumer spending, Schneider said.

Published 1204 days ago

Credit Suisse accessed billions in liquidity last weekend, says Swiss minister

Published 1206 days ago

UBS offers retention packages to Credit Suisse Asia team: Report

Logos of Swiss banks UBS and Credit Suisse are seen in Zurich, Switzerland.

Published 1208 days ago

Credit Suisse rescue sends relief, but First Republic shares slump continues

Credit Suisse signage on the floor of the New York Stock Exchange (NYSE) in New York, US.

Published 1211 days ago

Who are the winners and losers of UBS-Credit Suisse deal

UBS Chairman Colm Kelleher (R) shakes hands with Credit Suisse chairman Axel Lehmann (L) after a press conference. (AFP)

Published 1212 days ago

Meet Dixit Joshi, the Indian-origin CFO of Credit Suisse

Dixit Joshi had first joined Credit Suisse in 1995. (LinkedIn)

Updated 1212 days ago

UBS agrees to buy Credit Suisse for more than $2 billion to end crisis: Report

Representatives for the two banks declined to comment.

Updated 1212 days ago

Credit Suisse opposes ‘too low’ offer of $1 bn by UBS: Report

Logos of Swiss banks UBS and Credit Suisse are seen in Zurich, Switzerland. (Reuters)

Published 1213 days ago

Credit Suisse to assess survival options as regulators push for UBS merger

The illuminated logos of the Swiss banks Credit Suisse and UBS in Zurich, Switzerland. (AP)

Published 1214 days ago

UBS in talks to acquire embattled Credit Suisse: Report

Credit Suisse says the merger of the PSU Banks unlikely to revive credit flow.

Published 1214 days ago

Credit Suisse overstated financial prospects to shareholders, charges lawsuit

The front entrance of the headquarters of Swiss bank Credit Suisse in Zurich.

Published 1215 days ago

Credit Suisse crisis bigger worry for India than Silicon Valley Bank: Report

A Credit Suisse Group AG bank branch illuminated at night in Geneva, Switzerland.

Published 1216 days ago

Credit Suisse gets $54 bn loan from Swiss central bank as shares slump

Published 1216 days ago

After Silicon Valley Bank failure, fears over this major global bank's collapse

Updated 1216 days ago

'Swissleaks' investigation exposes how Credit Suisse bank handled dirty money

The front entrance of the headquarters of Swiss bank Credit Suisse in Zurich.

Published 1604 days ago

Credit Suisse pays $600 Million to settle US mortgage case

Credit Suisse is among lenders including UBS Group AG, Morgan Stanley and Nomura Holdings Inc. that are still defending themselves against claims over the sale of the securities that plummeted in value during the 2008 crisis.

Published 1977 days ago

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