Hints and tips:
Related Special Reports
...While UBS agreed to buy Credit Suisse in March 2023, the deal was not completed until last June. UBS reported $78bn of common equity tier one capital on Tuesday....
...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....
...Greensill’s collapse trapped $10bn of assets in supply chain finance funds run by Credit Suisse....
...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....
...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....
...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....
...The initiative, which validates corporate net zero plans, proposed that companies should be allowed to count certificates towards their emission-reduction goals....
...an “implicit state guarantee” after it took over Credit Suisse....
...Credit Suisse failed due to its structurally unprofitable business model. Citigroup and Royal Bank of Scotland failed due to weak credit and market risk underwriting....
...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 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....
...Credit Suisse ended up losing more than $5bn from its exposure to Archegos....
...’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....
...The calls echo those made last month by Sergio Ermotti, chief executive of UBS, which agreed to rescue Credit Suisse in March....
...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...
...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....
International Edition