SpaceX’s IPO success may rub off on AmbaniInvestor interest in major tech offerings remains strong. Mukesh Ambani's Jio Platforms is preparing for a significant IPO in India. Howeve...
11 Jun, 2026, 01.37 PM IST
Franklin Resources' Wamco to pay $100 million SEC fine over former star manager's tradesWestern Asset Management, a unit of Franklin Resources, will pay $100 million to settle SEC charges tied to a $600 million cherry-picking s...
05 Jun, 2026, 09.48 PM IST
Swiss inquiry castigates failings of Credit Suisse oversight, but pins most blame on bossesA Swiss parliamentary inquiry blamed Credit Suisse's collapse on mismanagement. Regulators faced criticism for secrecy and a chaotic respon...
20 Dec, 2024, 03.58 PM IST
UBS to absorb Credit Suisse's domestic bank, eyes $10 bln in cost savingsUBS subsidiary Credit Suisse on Thursday posted a net loss of 9.3 billion Swiss francs. Credit Suisse saw assets under management decline 3...
31 Aug, 2023, 10.47 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
Meet Dixit Joshi, the India-origin executive, who played a big role in Credit Suisse dealAccording to reports, Dixit Joshi's team had been holding talks to chalk out strategic alternatives for the crisis-hit Credit Suisse. Endin...
20 Mar, 2023, 04.23 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
UBS upgrades offer, agrees to buy Credit Suisse for over $2 billionThere has been a mad scramble to rescue the 167-year-old bank before financial markets reopen on Monday. UBS was reportedly under much pres...
20 Mar, 2023, 12.28 AM IST
Swiss authorities mull imposing losses on Credit Suisse bondholders: SourcesEuropean regulators, however, are apprehensive about such a move for fear that it could hit investor confidence elsewhere in Europe's finan...
19 Mar, 2023, 07.51 PM IST
Credit Suisse shares tumble again, sentiment remains fragileCredit Suisse fell by as much as 10% following two days of sharp swings, which saw its shares jump 20% on Thursday after a 24% drop on Wedn...
17 Mar, 2023, 06.06 PM IST
Credit Suisse shares soar 40% after central bank lifelineThe Euro Stoxx Banks Index climbed 3.5% at 9:09 a.m. in Paris after tumbling 8.4% Wednesday, the most since March 2020, on mounting concern...
16 Mar, 2023, 02.01 PM IST
Credit Suisse in spotlight ahead of strategy shiftThe embattled Swiss lender is trying to recover from a string of scandals and lawsuits and could embark on a fundamental revamp to slim dow...
24 Oct, 2022, 08.46 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
Credit Suisse pares back investment banking, sharpens focus on richThe bank posted a 21% fall in third quarter profit and said it expected to report a net loss in the fourth quarter as it writes off its rem...
04 Nov, 2021, 01.15 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
Embattled Credit Suisse chief Tidjane Thiam steps down"The Board of Directors of Credit Suisse Group has unanimously accepted the resignation of Tidjane Thiam and appointed Thomas Gottstein as ...
07 Feb, 2020, 12.52 PM IST
Credit Suisse rejigs Private Banking business brass in IndiaKunnambath would report to Alex Wade, Head of Developed and Emerging Asia for Private Banking Asia Pacific.
24 Feb, 2017, 02.32 PM IST