Hints and tips:
Showing results for Creidt Suisse Group AG
Related Special Reports
...The claimants had expected court administration fees to be charged at a group level, but last month were told each bondholder would be required to pay separate fees based on the value of the AT1s they owned...
...Ermotti said the only reason UBS was allowed to take over its rival was because Credit Suisse was failing after years of loss making....
...He was elected leader of the main opposition group, the Democratic Party of Ivory Coast, in December....
...So far, 13,000 jobs have already been cut from the combined group, though thousands more are expected to go in the coming years....
...as chair of the group at the start of last year, after just nine months....
...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....
...regulatory probe into the alleged mis-selling of residential mortgage bonds in the run-up to the 2008 financial crisis, wrapping up the last remaining case brought by the US government against Wall Street groups...
...More than 16,000 staff left the combined group in 2023, with tens of thousands more jobs expected to go in the coming years as the bank focuses on hitting cost-reduction targets....
...The lender has come under scrutiny within Switzerland following its rescue of Credit Suisse, especially over the size of the combined group’s balance sheet — roughly twice the country’s gross domestic product...
...Asked if Deutsche Bank was the new Credit Suisse, he told reporters there was “no reason to be concerned about it”....
...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....
...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...
...At the end of last year, activist investor Cevian Capital took a €1.2bn stake in the group, betting the bank could double its valuation in the next three to five years....
...A post mortem by the Financial Stability Board found Swiss authorities would have been capable of shutting down Credit Suisse....
...Swiss banking rules have come into sharp focus since the collapse of Credit Suisse last March and its rescue by UBS....
...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....
...But the fallen payments group’s former operating chief is also now suspected of being a Russian spy, The Wall Street Journal reports....
...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....
...The Credit Suisse takeover has cemented UBS’s position as the biggest wealth manager outside North America....
...At the end of 2022, US bank group Truist had some $400bn of deposits offering cheaper funding than Wall Street behemoths such as JPMorgan and Citi....
...Among the main findings of the parliamentary group, which was tasked with analysing the near-collapse of Credit Suisse, was that Finma was too weak to handle banking crises adequately....
...Across the group, UBS had $33bn of net new deposits, with two-thirds coming from Credit Suisse clients....
...Plus, UBS needs to boost its wealth business to make its Credit Suisse acquisition a success....
...the group’s wealth business....
...ICBC Credit Suisse Asset Management became the latest firm to announce on February 8 that it would reduce management and custodian fees for its ICBC Credit Suisse CSI 300 ETF with immediate effect, according...
International Edition