UBS chief draws up Credit Suisse leadership shortlistDixit Joshi, chief financial officer, Francesca McDonagh, chief operating officer, and André Helfenstein, head of the Swiss business, are m...
06 May, 2023, 05.34 PM IST
Federal Reserve backs UBS purchase of Credit Suisse US unitsLast month, UBS agreed to buy Credit Suisse in a historic, government-brokered deal. The move came after Credit Suisse endured a series of ...
15 Apr, 2023, 09.38 AM IST
UBS weighs retaining Credit Suisse unit serving India’s richUBS Group is considering the retention of Credit Suisse's Indian private banking unit after the emergency rescue of its rival last month. I...
12 Apr, 2023, 10.48 AM IST
Credit Suisse faces possible disciplinary proceedings: Switzerland's banking regulator"CS had a cultural problem that translated into a lack of accountability," Finma President Marlene Amstad told the Sunday newspaper. "Often...
27 Mar, 2023, 12.33 AM IST
Credit Suisse, UBS among banks in DOJ Russia-sanctions probeThe Justice Department inquiries are focused on identifying which bank employees dealt with sanctioned clients and how those clients were v...
25 Mar, 2023, 12.39 AM IST
UBS sends Iqbal Khan to stem Credit Suisse’s private banker exits; vows retention packages for Asia staffKhan signaled during his Asia trip that relationship managers should stick around until the merger closes because UBS would be willing to o...
24 Mar, 2023, 02.51 PM IST
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...
23 Mar, 2023, 12.14 AM IST
UK finance minister, Bank of England governor in contact over Credit Suisse: SourceUBS Group AG is mulling a takeover of its embattled Swiss rival Credit Suisse, other sources told Reuters on Saturday, amid a crisis of con...
19 Mar, 2023, 01.03 AM IST
U.S. authorities weighing in on possible Credit Suisse-UBS deal: ReportU.S. officials might seek to weigh in on matters which can impact the finals terms of the deal between the banks, according to the report.
18 Mar, 2023, 11.44 PM IST
UBS seeks Swiss backstop in any Credit Suisse dealThe largest Swiss bank is exploring an acquisition of all or parts of its smaller rival at the urging of regulators to halt a crisis of con...
18 Mar, 2023, 05.30 PM IST
Credit Suisse sued by US shareholders over finances, controlsThe proposed class action accuses Credit Suisse of deceiving investors by failing to disclose that it was suffering from "significant" cust...
17 Mar, 2023, 12.47 AM IST
Credit Suisse clients flee to UBS in Asia Pacific as rich weigh optionsHundreds of wealthy customers have sought to place their funds with UBS in the key growth region, and the bank is planning to re-allocate s...
25 Nov, 2022, 12.12 AM IST
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 ...
02 Nov, 2022, 03.59 PM IST
CS CEO seeks to calm Street as default swaps near 2009 rangeKoerner's memo was the second straight Friday missive as speculation over the beleaguered bank's future increases. Analysts at KBW estimate...
03 Oct, 2022, 06.33 AM IST
Axis Bank picks arrangers for $1.3 billion share saleAxis Bank Ltd., India’s third-largest private sector lender, has picked advisers including BNP Paribas SA and Credit Suisse Group AG to man...
23 Jul, 2020, 04.07 PM IST
Credit Suisse ditches Swiss IPO in favour of $4-billion cash callThe bank will raise 4 billion francs ($4.03 billion) from the share sale after dropping plans for the partial initial public offering of it...
27 Apr, 2017, 12.18 AM IST
- Rupee signs off the best week since october
The rupee will be at 49.50 a dollar in 3 months, Credit Suisse Group AG said in a note on Friday, stronger than its earlier estimate of 53....
21 Jan, 2012, 08.00 AM IST