Credit Suisse sheds nearly 13% of workforce this yearCredit Suisse has reduced its workforce by nearly 13% this year, with the number of employees falling to 33,968 at the end of June. The ban...
29 Sep, 2023, 03.24 PM IST
After Credit Suisse takeover, UBS begins cost drive by axing 3,000 Swiss jobsUBS also announced it would be keeping Credit Suisse's domestic bank - and the ensuing job losses are expected to result in a backlash in S...
31 Aug, 2023, 02.46 PM IST
After Credit Suisse takeover, UBS gives first glimpse of new groupUBS is set to release its first earnings report since acquiring Credit Suisse, providing insight into the impact of the deal. The report wi...
29 Aug, 2023, 11.45 AM IST
Credit Suisse Hong Kong investing banking job cuts, targeting 80%, start this weekAround 80% of Credit Suisse's Hong Kong-based investment banking staff will be laid off starting this week as part of its integration with ...
07 Aug, 2023, 11.47 AM IST
Credit Suisse announces management changes at Swiss bankCredit Suisse announced that Andreas Gerber, head of corporate banking and another member of the Credit Suisse Switzerland executive board,...
17 Jul, 2023, 01.25 PM IST
Swiss bank UBS to cut 35,000 jobs after Credit Suisse rescue: ReportCredit Suisse had a staff of around 45,000 before it nearly collapsed on investor fears about its solvency, which prompted a massive bailou...
28 Jun, 2023, 06.43 AM IST
UBS to start Credit Suisse Asia investment banking job cuts in July: SourcesUBS completed its emergency takeover of embattled rival Credit Suisse last week, forging a Swiss banking and wealth management giant with a...
21 Jun, 2023, 04.53 PM IST
Up to 36,000 jobs may go in UBS-Credit Suisse merger: ReportsThe takeover by UBS of Credit Suisse was hastily arranged by the Swiss government on March 19 to prevent a global financial meltdown, follo...
02 Apr, 2023, 03.28 PM IST
UBS take over of Credit Suisse may impact less than 20% jobs in India"We could see a reduction of 15-20% of the headcount affecting about 3,000 people in India," Aditya Mishra, chief executive of CIEL HR Serv...
25 Mar, 2023, 01.05 AM IST
Credit Suisse’s 9,000 job cuts are foretaste of UBS takeoverUBS Chairman Colm Kelleher said it’s too soon to know a job-cut number, but UBS indicated it will be significant. The firm said in a statem...
20 Mar, 2023, 07.47 AM IST
Credit Suisse opposes UBS Group's $1 billion takeover offer: ReportAccording to a Bloomberg report, the Swiss lender is pushing back, saying the offer is too low and would hurt shareholders and employees wh...
19 Mar, 2023, 07.49 PM IST
Credit Suisse looks to speed up cuts as revenue outlook worsensCredit Suisse is cutting about 5% of its private banking headcount in the Asian financial hub of Hong Kong, two of the sources said, target...
02 Dec, 2022, 02.28 PM IST
Credit Suisse cuts 9,000 jobs to deal with losses. Read moreBanking giant, Credit Suisse is cutting off thousands of jobs to restructure its business to deal with losses and investor concerns. The ba...
27 Oct, 2022, 06.24 PM IST
Credit Suisse plans to hire 1,000 IT employees in India in 2021The hiring plan is a continuation of Credit Suisse’s India growth strategy that has seen the Swiss financial services firm hire 2,000 IT em...
18 May, 2021, 10.12 AM IST
Credit Suisse expands Wealth Management India team with nine senior hiresRavinder Singh has joined as managing director and strategic client advisor for India onshore. Ravi Malani joined as director and senior pr...
06 Oct, 2020, 08.40 PM IST
- Credit Suisse to slash 2,000 jobs worldwide
Swiss banking major Credit Suisse, which has posted over 50 per cent decline in quarterly profit, is all set to axe about 2,000 jobs worldw...
03 Aug, 2011, 05.04 PM IST
HSBC to cut 500 jobs, Credit Suisse to lay off 650: ReportThe banking sector continues to be hit by mass layoffs with financial service major Credit Suisse and HSBC announcing additional 1,150 job ...
02 Dec, 2008, 03.44 PM IST