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CREDIT SUISSE OVERSIGHT
Credit Suisse chairman: 'Truly sorry' for bank's demiseThe hastily arranged takeover by Zurich-based UBS, for which Switzerland invoked emergency legislation, bypassed Credit Suisse shareholders...04 Apr, 2023, 02.55 PM IST- 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...04 Apr, 2023, 01.38 PM IST
- Norwegian wealth fund seeks Credit Suisse boardroom shake-upNorway's Norges Bank Investment Management will vote against Credit Suisse Chair Axel Lehmann and six other directors at the Swiss lender's...02 Apr, 2023, 05.21 PM IST
- Banking stress under watch for credit crunch: Fed officialAuthorities around the world are on high alert for the fallout from recent turmoil at banks following the collapse in the United States of ...27 Mar, 2023, 01.06 AM IST
- Fed introduces changing bank-lending behaviour without taking eye off inflationThe Fed needs more time to understand the credit market dynamics following the failure of two regional banks a fortnight ago. It will also ...23 Mar, 2023, 11.51 PM IST
- UBS to buy Credit Suisse for nearly $3.25B to calm turmoilFollowing news of the Swiss deal, the world’s central banks announced coordinated financial moves to stabilize banks in the coming week. Th...20 Mar, 2023, 08.42 PM IST
- Credit Suisse shares tank 63% on short-lived relief over rescueShares in Credit Suisse fell over 63% while UBS Group shares were down 12.9%. An index of bank stocks was down 5.8% at 0821 GMT. Deutsche B...20 Mar, 2023, 02.26 PM IST
- 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...20 Mar, 2023, 06.32 AM IST
- Crunch time for Credit Suisse talks as UBS seeks Swiss assurancesOfficials are facing a crisis of confidence in the 167-year-old Credit Suisse, the most globally significant bank caught in the turmoil spu...19 Mar, 2023, 04.36 PM IST
- Credit Suisse meets to weigh options, under pressure to merge with UBSThe 167-year-old bank is the biggest name ensnared in market turmoil unleashed by the collapse of U.S. lenders Silicon Valley Bank and Sign...18 Mar, 2023, 02.49 PM IST
- Credit Suisse faces crucial weekend with its future in balanceSwiss regulators are encouraging UBS and Credit Suisse to merge, one source with knowledge of the matter said, but added that both banks di...18 Mar, 2023, 12.38 PM IST
- UBS to explore Credit Suisse deal in crisis combinationCredit Suisse shares jumped 9% in after-market trading following the FT report. Credit Suisse and UBS declined to comment on the report. Cr...18 Mar, 2023, 08.14 AM 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
- Credit Suisse sued over risk exposure to Greensill Capital, ArchegosThe pension fund, City of St. Clair Shores Police & Fire Retirement System, based in St. Clair Shores, Michigan, filed the class action law...17 Apr, 2021, 01.25 PM IST
- Credit Suisse scandal toll goes ever higher as rivals thriveLast month's Archegos disaster prompted sweeping management changes at the Swiss bank Tuesday and cast fresh doubt on its checkered record ...07 Apr, 2021, 04.41 PM IST
- US stocks slump as Nomura, Credit Suisse warn of big losses after Archegos share dumpLosses at Archegos Capital Management, run by former Tiger Asia manager Bill Hwang, had triggered a fire sale of stocks on Friday30 Mar, 2021, 07.18 AM IST
- Switzerland pumps billions into bank rescue planSwitzerland government stepped in Thursday with a nearly $60 billion bailout for the nation's largest bank.17 Oct, 2008, 09.38 AM IST
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