Hints and tips:
Related Special Reports
...Within weeks, a US regional banking crisis spurred a panic that ultimately contributed to Credit Suisse’s weekend takeover by UBS....
...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....
...The Spac was helmed by Adam Gishen, Thiam’s top lieutenant at Credit Suisse, who served as chief executive....
...out when Credit Suisse collapsed last year....
...Greensill’s supply chain financing loans to Gupta-linked and other companies were packaged into securities sold to Credit Suisse investors through a group of $10bn supply chain finance funds....
...Miller will join a raft of former colleagues at Santander, including David Hermer, who was global head of equity and debt capital markets at Credit Suisse and is now head of the Spanish bank’s CIB in the...
...Kerry retired as US climate envoy earlier this year but was instrumental in a plan for poorer countries to issue carbon credits to companies in return for funding to help nations shift away from fossil fuels...
...A post mortem by the Financial Stability Board found Swiss authorities would have been capable of shutting down Credit Suisse....
...an “implicit state guarantee” after it took over 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....
...At the start of 2023, Credit Suisse’s financial strength appeared bullet-proof. Its common equity tier one capital ratio exceeded 14 per cent, far above US regional bank Truist....
...The bank had paused its capital returns when it agreed to buy Credit Suisse last March....
...In the letter, Kelleher and Ermotti said Credit Suisse failed because of a “broken business model” rather than a lack of capital....
...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....
...The capital return programme was paused when it acquired Credit Suisse. UBS slipped 3 per cent on Tuesday, but has risen almost 50 per cent since the rescue of Credit Suisse....
...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...
...But one year on from the failures of Silicon Valley Bank and Credit Suisse, the strongest banks are ramping up their lending into the broadly syndicated bank loan markets — a key way to finance leveraged...
...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....
...UBS put the unit, which includes investment banking and brokerage services, up for sale after taking control of Credit Suisse when it collapsed last year....
...’s financial regulator Finma released its 84-page postmortem on Credit Suisse....
...to the turmoil created following the collapse of Credit Suisse one year ago....
...and contributed to the downfall of Credit Suisse....
...The calls echo those made last month by Sergio Ermotti, chief executive of UBS, which agreed to rescue Credit Suisse in March....
...UBS has agreed to sell $8bn worth of senior secured financing facilities to private capital group Apollo, as it winds down non-core businesses linked to its purchase of Credit Suisse last year....
...They should also continue to collaborate with credit rating agencies to see if they can better leverage their existing capital base....
International Edition