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...As part of their claim, the investors have requested the disclosure of documents related to Finma’s decision, as well as Credit Suisse staff bonuses linked to the bonds called contingent capital awards....
...Dimon, one of the most influential voices on Wall Street, also separately met White House chief of staff Jeff Zients while he was in Washington, as well as federal regulators and members of Congress....
...One catalyst was the 2011 earthquake and tsunami when US and Japanese troops carried out a joint rescue operation....
...Within hours of Credit Suisse’s rescue in March, market watchers began predicting that the most significant banking merger since the financial crisis would result in tens of thousands of job cuts....
...UBS finalised an agreement with the Swiss government on Wednesday that will provide the bank with up to SFr9bn ($10bn) to protect it from losses on the rescue....
...A spokesman from the Zaka volunteer organisation, a search and rescue group which provides emergency assistance in the wake of attacks and natural disasters, said that its staff had taken care of “more than...
...It fell despite UBS paying $736mn in retention awards to some Credit Suisse staff to stay on after the takeover. The fall echoes a wider drop across the banking sector as dealmaking dried up....
...Meanwhile, activist investor Ackman, a 20-year client of the bank, invited Federer to a tennis match on the roof of his company, Pershing Square, before telling UBS staff that the takeover of Credit Suisse...
...As this Opinium survey for the Observer confirmed, the public think that leaving the EU has put up prices and made it harder to trade, staff the NHS, and protect the environment....
...Undercutting the public messaging, the FBR has permitted its staff to extend a November tax filing deadline by a month, drawing accusations of double standards....
...Less than a year after UBS’s rescue of Credit Suisse, just a handful of Credit Suisse senior managers remain at the enlarged Swiss bank, including former chief executive Ulrich Körner....
...Almost 300 staff at UK discount chain Wilko will lose their jobs after a last minute offer for the entire company collapsed, with more redundancies to follow....
...The Israeli military identified a 20-year-old female staff sergeant as having been killed....
...It has also consulted on proposals to implement a minimum service in other areas, including hospitals, schools and fire and rescue services....
...Laura Kyrke-Smith, executive director of the International Rescue Committee, says the fall in the UK’s aid budget directly increases the risk of Sierra Leonean women bleeding to death in childbirth (Letters...
...But an appeal to him last week from Michael Gove, secretary of state for levelling up, housing and communities, to help rescue Birmingham city council from de facto bankruptcy has fired him up again....
...The watchdog has just 550 staff, compared with the thousands employed by other regulators such as the UK’s Financial Conduct Authority....
...UBS’s top managers were sceptical when they were forced to rescue their scandal-ridden rival Credit Suisse. Five months on, the deal has made the bank Europe’s second-most valuable lender....
...Doctors and medical staff on board the liner have been told to prepare to receive casualties....
...“It’s impossible to rescue anyone due to the intensity of the fire and targeting of anyone approaching the windows,” the ministry said, adding that about 30,000 people, including the wounded and displaced...
...Spaldy is entitled to make one more appointment to Metro’s board under the terms of the rescue deal....
...The figures account for the firm’s work on deals including the £2.5bn acquisition of Chelsea Football Club, United Health Group’s £1.2bn purchase of health information supplier EMIS and HSBC’s £1 rescue...
...One scoop to start: Apollo has sold a stake in the lending business it acquired from Credit Suisse last year shortly before the Swiss bank’s shotgun rescue by UBS, securing a multibillion-dollar investment...
...In some, rescue workers were still searching for people trapped under the rubble. Only half of Russia’s 41 missiles fired overnight were intercepted, according to Ukrainian army officials....
...UBS agreed to rescue Credit Suisse six months ago in the most significant bank takeover since the global financial crisis. Read more about the exit here...
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