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CREDIT SUISSE COSTS
UBS posts first quarterly loss since 2017 on Credit Suisse costsUBS, Switzerland's largest bank, posted a larger-than-expected loss in the third quarter, marking its first quarterly drop since 2017. This...07 Nov, 2023, 02.52 PM IST- UBS posts first quarterly loss since 2017 on Credit Suisse costsUBS posted a larger-than-expected loss in the third quarter on Tuesday, the first quarterly drop since 2017 as it integrates Credit Suisse ...07 Nov, 2023, 02.48 PM IST
- UBS reports huge 2Q profit skewed by Credit Suisse takeover, foresees USD 10B in cost cutsCEO Sergio Ermotti, in a statement, said it would roll in Credit Suisse's domestic operations, in the midst of speculation they might be sp...31 Aug, 2023, 05.41 PM IST
- UBS fined nearly $400 million related to Credit Suisse's relationship with failed fund ArchegosSwiss banking giant UBS will pay nearly $400 million in fines to U.S., Swiss and U.K. banking authorities for the management failures of Cr...25 Jul, 2023, 11.38 AM IST
- Bank rescue as insuranceIt has just become clear how flighty are the wealth management assets on which banks like UBS make their money. For UBS and for all banks, ...20 Mar, 2023, 11.44 PM IST
- Credit Suisse's troubles - spies, money laundering and takeoverSwitzerland's UBS has agreed to buy rival Credit Suisse for 3 billion Swiss francs in stock in a shotgun merger engineered by Swiss authori...20 Mar, 2023, 03.37 PM IST
- Credit Suisse posts biggest loss since 2008 financial crisisCiting the impact from restructuring charges and its exit from non-core businesses, Credit Suisse said in a statement that it .would also e...09 Feb, 2023, 03.57 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's scandals - spies, lies and money launderingThe bank is battling market skepticism about its financial health after a string of scandals, months after it was found guilty by Switzerla...04 Oct, 2022, 02.20 PM IST
- Credit Suisse shares slip despite moves to soothe investor concernsSwiss regulator FINMA and the Bank of England in London, where the lender has a major hub, were monitoring the situation at Credit Suisse a...03 Oct, 2022, 07.39 PM IST
- Hot Stocks: Global brokerages on IndusInd Bank, Bajaj Finance and ZomatoCredit Suisse maintained an outperform rating on Zomato with a target price of Rs 90. Zomato can turn EBITDA breakeven as guided, it said. ...09 Sep, 2022, 11.18 AM IST
- Credit Suisse appoints Dixit Joshi as new CFO, Francesca McDonagh as COOFrancesco De Ferrari, who remains head of the Wealth Management division, is also appointed CEO of the Europe, Middle East and Africa (EMEA...22 Aug, 2022, 12.09 PM IST
- Credit Suisse to tighten the reins after string of scandalsCredit Suisse will unveil a new centralised structure on Thursday in an attempt to bring its far-flung divisions to heel and draw a line un...03 Nov, 2021, 11.38 AM IST
- Hedge fund fallout wipes over $9 bn from market value of Credit Suisse, NomuraThe bank's market capitalisation has shrunk by five billion Swiss francs since Friday to 25.57 billion Swiss francs ($27.12 billion). Sourc...31 Mar, 2021, 10.27 PM IST
- Credit Suisse may cut up to 2 bn Swiss francs in costs-paper"This is the order of magnitude that you have to be prepared for," it quoted an unidentified senior executive as saying.11 Oct, 2015, 05.04 PM IST
- Credit Suisse sacks 16 bankers in India wealth unit; country head Puneet Matta quitsSacked executives include senior client relationship managers who were responsible for providing investment advice to some of the richest I...19 Aug, 2011, 03.59 PM IST
- Credit Suisse puts 'underperform' on JSW SteelCredit Suisse maintains `Underperform’ rating on JSW Steel, however , it increases the target price to Rs 700.19 Apr, 2010, 06.39 AM IST
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