Hints and tips:
Related Special Reports
...legal action as part of a group....
...The 63-year-old Swiss also spoke about his involvement in helping the board identify a successor for when he steps aside after the integration of Credit Suisse is complete, a process that is due to run until...
...The Swiss lender has taken a $200mn expense on the Credit Suisse leases for 2022 and another for 2023, according to a filing to US Securities and Exchange Commission published on Friday....
...The Spac was helmed by Adam Gishen, Thiam’s top lieutenant at Credit Suisse, who served as chief executive....
...People close to the company said Credit Suisse holds the title to the aircraft through its aviation leasing division as security against financing provided to a client....
...Former Credit Suisse chief operating officer Francesca McDonagh has agreed to join a private equity-backed German fund group as chief executive, according to people with knowledge of the appointment....
...The Swiss lender unveiled a $29bn quarterly profit last month — the record for a bank — which was almost entirely down to an accounting gain it made on the Credit Suisse deal....
...A post mortem by the Financial Stability Board found Swiss authorities would have been capable of shutting down Credit Suisse....
...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....
...UBS has made Sergio Ermotti Europe’s best-paid bank boss less than a year after he returned to the lender, saying the Swiss executive had successfully steered the integration of rival Credit Suisse....
...One may doubt the diplomatic wisdom of the decision of the chair of the US Federal Deposit Insurance Corporation to criticise the Swiss government’s handling of the Credit Suisse failure (Report, April 11...
...UBS has agreed to sell $8bn worth of loans to private capital group Apollo as part of a renegotiated deal to hive off a Credit Suisse business that securitised loans for assets such as yachts....
...UBS has set out plans for deeper cost cuts as the mammoth integration of rival Credit Suisse helped drive the Swiss bank to a second straight quarterly loss....
...The Swiss bank announced a new share repurchase programme on Tuesday, having suspended its previous plan a year ago following its rescue of former rival Credit Suisse....
...Credit Suisse, long hobbled by a cartoonishly long list of scandals ranging from C-suite spying to Bulgarian cocaine smuggling rings, was frogmarched into a shotgun wedding with its arch rival UBS over a...
...Finma on Tuesday published an 84-page report into the failure of Credit Suisse, which sent shockwaves through the Swiss financial system....
...Credit Suisse is complete....
...Credit Suisse had frittered away its hard-won reputation through a series of scandals and management mis-steps. These had already depressed the share price to a three-decade low by the end of 2022....
...China’s Ant Group is bidding against Citadel Securities for Credit Suisse’s Chinese securities unit, a move that will test Beijing’s appetite for letting the Jack Ma-founded company expand again after a...
...In today’s newsletter: Finma’s Credit Suisse postmortem Hipgnosis delays its results Microsoft and OpenAI in the spotlight Finma caps off a wild year in Swiss finance It’s been an eventful year for...
...Meanwhile, Finma — the Swiss financial regulator, which has come under intense scrutiny over its handling of Credit Suisse — began investigating Julius Baer’s relationship with Signa and its internal risk...
...The Swiss bank recently extended a $9bn credit facility to Qatar’s former prime minister, Sheikh Hamad bin Jassim bin Jaber al-Thani, who was a client of UBS and Credit Suisse....
...Santander has agreed to hire the former co-head of Credit Suisse’s investment bank, David Miller, who becomes the latest executive to join from the collapsed Swiss lender....
...The long-running problems at Credit Suisse came to a head in March, when a collapse in the bank’s share price and exodus of client assets prompted Swiss authorities to call on UBS to rescue its neighbour...
...Credit Suisse took a majority stake in the securities venture in 2020 after China’s regulators introduced reforms enabling international banks to have full control of their mainland units....
International Edition