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...Credit Suisse was one of the first major tenants of the Canary Wharf estate. The Docklands financial district was the brainchild of Michael von Clemm, chair of Credit Suisse First Boston....
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...The watchdog also rebuked EY over the “grave failure” of its internal quality controls, adding that “several key executives” of the firm conducted “multiple violations of professional duties” during the...
...EY had issued a series of unqualified audits for the disgraced payments group, missing that half of the revenue and the bulk of the profits did not exist....
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...UBS’s Americas wealth business generated just $4 of profit for every $100 of revenue in the final quarter of 2023....
...He said that the financial sector was “a pivotal driver of growth and prosperity in Switzerland”....
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...with knowledge of his position....
...But thousands of clients were locked out of their accounts and service centres were overwhelmed after 12mn clients and 50bn individual data sets were moved to a different IT system....
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...The deal also included an agreement where Atlas would provide investment management services to some of the assets Credit Suisse retained....
...Instead, the regulator in its report referenced anonymised companies “[Company A] Bank AG” and “[Company A] Capital (UK) Limited”....
...largest wealth manager outside North America....
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...The US has eight G-SIBs: JPMorgan, Citigroup, Bank of America, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, State Street and Wells Fargo....
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