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The Latest Breaking News from Credit Suisse

Ulrich Korner To Depart UBS For Credit Suisse

Ulrich Korner's move from Credit Suisse to UBS signifies a significant shift in banking sector leadership, with implications for both institutions and the ...

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Speeding cyclist avoids conviction after crash that killed pensioner, 81, in Regent's Park

Credit Suisse banker reached speeds beyond 20mph limit

Evening Standard

UBS Sued By Appaloosa Over Credit Suisse Bond Losses

UBS faces a lawsuit over a billion bond wipeout involving Credit Suisse, raising concerns in the financial sector.

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UBS To Implement Layoffs In Credit Suisse Integration Process

UBS plans further layoffs as part of Credit Suisse integration to enhance efficiency and competitiveness in the banking sector.

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IMF Urges Tighter Swiss Regulation After UBS Takeover Of Credit Suisse

Switzerland's biggest bank was strongarmed by the government into buying Credit Suisse last year over fears that the second largest lender in the country might go under and spark a global financial crisis.

Latin Times

UBS CEO Sergio Ermotti: Overpaid Or Worth Every Franc?

UBS CEO's compensation of 14.4 million Swiss francs in 2023 has ignited discussion, showcasing the contrast between European and American banking pay standards.

International Business Times

IMF Urges Tighter Swiss Regulation After UBS Takeover Of Credit Suisse

The IMF urged Switzerland on Thursday to strengthen its financial sector regulation as supervising UBS has become "more challenging" since it grew into a global banking behemoth after its takeover of Credit Suisse.

International Business Times

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UBS Reviewing Credit Suisse's Books For Potential Misstatements

UBS Group is conducting a thorough review of Credit Suisse's financial records to assess potential misstatements, emphasizing integrity and transparency in...

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Best Mutual Funds Awards 2024: Best U.S. Taxable Bond Funds

Looking at mutual funds to invest in? We list all the U.S. taxable bond funds that beat their benchmark over both the short and long haul.

Investors Business Daily

European Banks' Recovery One Year After Credit Suisse Collapse

European banks face challenges post-Credit Suisse collapse, working towards stability and trust rebuilding.

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Credit Suisse and KPMG Prevail in US Lawsuit over Bank's Demise

Credit Suisse officials and KPMG have emerged victorious in a US lawsuit relating to the bank's demise, avoiding potential legal repercussions.

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UBS aims for higher cost cuts increasing City job fears at Credit Suisse

UBS dramatically increased the cost cuts it expects to make from merging with Credit Suisse today, increasing fears that City job losses will be even worse than first planned.

Evening Standard

UBS To Reward Shareholders As Credit Suisse-linked Losses Narrow

Swiss banking giant UBS said Tuesday it would hand shareholders up to $1 billion in share buybacks as it posted a smaller-than-expected quarterly loss stemming from the costs of absorbing fallen rival Credit Suisse.

International Business Times

SMBC recruits ex-Credit Suisse China head Stoehr

SMBC, one of Japan's leading banks, has recently hired the former Credit Suisse China boss, Michael Stoehr, as part of its global expansion strategy.

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International Business Times

UBS To Spell Out Growth Plan After Credit Suisse Takeover

Swiss banking giant UBS will on Tuesday report its first full-year results since swallowing rival Credit Suisse, with investors keen for details on a US-centered growth strategy hinted at by the mega-bank.

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Former Swiss Finance Minister Defends Role in Credit Suisse Collapse

Former Swiss finance minister defends his actions in the collapse of Credit Suisse, stating that he acted in line with regulations and did not contribute t...

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Julius Baer CEO Resigns, Bank Exits Private Debt Business

Julius Baer, a Swiss bank, announces CEO resignation and exit from private debt business due to exposure to bankrupt asset manager Signa.

Evening Standard

HSBC hit with huge fine by watchdog over customer deposits

HSBC suffered another serious blow to its reputation today when it was whacked with one of the heaviest fines ever handed out by the City regulator.

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The Guardian - UK

Sale of UK assets to world’s largest money manager means huge payday for bankers

Global Infrastructure Partners, whose portfolio includes Gatwick, sold to BlackRock in $12.5bn deal

Caixin Global

Shanghai Composite Index Fell 0.16% on Friday

Shenzhen Component Index closed down 0.64%

Caixin Global

Citadel Securities Bids for Credit Suisse’s China Venture

UBS’sale will face delay as Credit Suisse’s joint-venture buyout is still awaiting approval by Chinese regulators

The Guardian - UK

David Cameron must detail all involvement with Greensill, urges Labour

Call follows Guardian revelations about foreign secretary’s flights gifted to him during Greensill work

Top News

Swiss Watchdog Seeks Power Post Credit Suisse Crash

Switzerland's financial sentinel seeks more authority in the wake of the Credit Suisse's tumultuous tumble, marking a dramatic twist in the realm of finance.

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Swiss Authorities Fumble Credit Suisse Supervision

In a tale of mishandled supervision, explore how Swiss authorities fumbled oversight of Credit Suisse causing a financial foul-up of royal proportions.

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Credit Suisse Pays M for Banned Mutual Fund Services

In a vibrant dance of justice, Credit Suisse was tapped to shell out million! A litany over prohibited mutual fund services finally made them pay.

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