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CREDIT SUISSE DEPOSIT
HDFC Bank penalises 12 execs for role in mis-selling AT1 bondsHDFC Bank has penalized at least 12 senior and mid-level executives, including Ashish Parthasarthy, for their alleged role in the mis-selli...
UBS says it was rushed into unwanted Credit Suisse rescue mergerUBS, in a Tuesday filing to the U.S. Securities and Exchange Commission, told investors it had less than four days to conduct due diligence...
Credit Suisse saw $68 billion in first-quarter outflows as it crumbledThe wealth management and investment banking units will continue to be loss-making in the second quarter, Credit Suisse said, adding that t...
Credit Suisse Q1 Results: Co saw $68 billion in outflows as it crumbledCredit Suisse said on Monday it had 61 billion Swiss francs ($68 billion) in net asset outflows in the first quarter, adding that outflows ...
Credit Suisse pays back some emergency liquidity, central bank data suggestsSight deposits - cash held by commercial banks overnight with the SNB - fell by 31 billion Swiss francs ($34.3 billion)last week, data publ...
Credit Suisse faces anger at final shareholder meetingTuesday's shareholder meeting marks an ignominious end for the 167-year-old flagship bank founded by Alfred Escher, a Swiss magnate affecti...
UBS likely to shrink Credit Suisse's $10 bln shipping portfolio: ReportUBS could also try to sell the portfolio, but doing so could prompt owners to move their accounts elsewhere, the WSJ reported, citing peopl...
Credit Suisse, UBS deal: What you need to knowUBS Chairman Colm Kelleher said the bank wants to keep Credit Suisse's Swiss unit, speaking at a news conference announcing the merger betw...
Trouble in Credit Suisse unlikely to impact India's banking system: ExpertsThe Switzerland-based bank, the report said, "has less than Rs 20,000 crore in assets (12th among foreign banks), presence in the derivativ...
RBI keeps close watch on Credit Suisse crisisWith a single branch in India, Credit Suisse has a 1.5% share among foreign banks in India. Its share of banking assets is at 0.1%. About 7...
Credit Suisse says outflows have stabilized but not reversedBattered by a string of scandals, the bank saw a sharp acceleration in customer withdrawals in the fourth quarter, with outflows of more th...
Hot Stocks: Global brokerages on HDFC Bank, BoB, SBI and ICICI BankBofA Securities maintained a buy rating on HDFC Bank with a target price of Rs 1900. The private sector lender is well-positioned to delive...
Hot Stocks: Brokerages on JB Chemicals, Indian Hotels and banksThe global brokerage firm believes that the deposit rate war brewing is on the expected lines and margins will peak out in Q3FY23. HDFC Ban...
S&P downgrades Credit Suisse Group, Moody's cuts some ratingsSeparately, Moody's downgraded some of its ratings for Credit Suisse AG following the bank's strategy overhaul but kept its rating for the ...
SpiceJet settles $24 million financial dispute with Credit SuisseThe airline said that the documentation process of the settlement terms is underway. Notably, the process involves payment of the settlemen...
Higher currency in circulation could signal growth revival: Credit SuisseCredit Suisse analysts pointed out that the divergence between currency in circulation and deposit growth has occurred only thrice in the p...
- Credit Suisse licensed to establish a bank branch in India
Credit Suisse said that it has received a license from the Reserve Bank of India to establish a bank branch in Mumbai.