When Credit Suisse faced liquidity issues in March 2023, the Swiss government invoked its emergency powers in order to rescue it. As part of ...
A Credit Suisse unit in Bermuda lost its UK court fight to topple a $600 million damages award to sanctioned Georgian tycoon ...
ZURICH (Reuters) -Credit Suisse and UBS could benefit from more than 260 billion Swiss francs ($280 billion) in state and central bank support, a third of the country's gross domestic product, as part ...
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UBS delays migration of ultra‑high‑net‑worth Credit Suisse clients – report
The delay interrupts the bank’s integration process and raises doubts about meeting its end‑March target for migration of all ...
UBS deserves some sympathy. Swiss authorities have already applied the last elements of the so-called Basel III rule book on ...
LONDON, ENGLAND - OCTOBER 03: A general view of Credit Suisse in the Canary Wharf business district on October 03, 2022 in London, England. (Photo by Dan Kitwood/Getty Images) Tax Notes contributing ...
By Wednesday, two days later, Credit Suisse was swept up in a full-blown crisis. Comments by the chair of Saudi National Bank, Ammar Al Khudairy, who said that he could not invest further in the Swiss ...
U.S. District Judge Dale Ho found that Switzerland had acted as an immune foreign sovereign when it brokered the emergency sale of Credit Suisse, and not as a private actor, as asserted by a team of ...
(CNN) — Switzerland's biggest bank, UBS, has agreed to buy its ailing rival Credit Suisse in an emergency rescue deal aimed at stemming financial market panic unleashed by the failure of two American ...
GENEVA — The Swiss government Wednesday announced steps to bolster its “too big to fail” rules aimed at avoiding potentially disastrous fallout from banking sector turmoil after woes last year at ...
Credit Suisse said Monday that 61 billion Swiss francs ($68 billion) in assets left the bank in the first quarter and that outflows were continuing, underscoring the challenge faced by UBS Group in ...
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