Explainer: Credit Suisse: How did it get to crisis point?A string of scandals over many years, top management changes, multi-billion dollar losses and an uninspiring strategy can be blamed for the...
18 Mar, 2023, 03.40 PM IST
Explainer-Credit Suisse: How did it get to crisis point?Credit Suisse Group AG is in a critical situation as it enters a make-or-break weekend. The Swiss lender was thrown a $54 billion lifeline ...
18 Mar, 2023, 03.37 PM IST
Credit Suisse: How did it get to crisis point?A string of scandals over many years, top management changes, multi-billion dollar losses and an uninspiring strategy can be blamed for the...
17 Mar, 2023, 06.00 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'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
European shares inch higher with focus on UK M&A, Credit Suisse slipsThe pan-European STOXX 600 index rose 0.2% by 0806 GMT, with Asian markets choppy after China's central bank cut some key lending rates aft...
17 Jan, 2022, 01.59 PM IST
Credit Suisse chairman quits over COVID-19 breaches in latest setbackCredit Suisse Chairman Antonio Horta-Osorio has resigned after flouting COVID-19 quarantine rules, the bank said on Monday, raising questio...
17 Jan, 2022, 11.07 AM IST
Credit Suisse will advise hedge fund clients to shift to BNPCredit Suisse is exiting the prime brokerage unit that lost billions in the collapse of Archegos Capital Management as it moves more capita...
08 Nov, 2021, 11.58 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 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
Scandal-hit Credit Suisse considers creating single private bankThe executives are concerned that Switzerland's second-largest bank, which has been hit by two scandals this year, could face break-up call...
30 Jun, 2021, 12.43 PM IST
Fearing predators, Credit Suisse seeks new look or even merger: SourcesNew chairman, Antonio Horta-Osorio, announced a strategic review in late April, telling investors he would take time in reaching hard decis...
25 Jun, 2021, 11.59 AM IST
Credit Suisse board member Gottschling to exit after risk management debacleGottschling is leaving after proxy adviser Glass Lewis and some of Credit Suisse's large investors were opposed his to re-election to the b...
30 Apr, 2021, 12.29 PM IST
Credit Suisse serves investors thin gruel as Wall Street feasts on dealsCredit Suisse has emerged as the bank hardest-hit from its exposure to Archegos, which collapsed when it couldn't meet margin calls.
19 Apr, 2021, 12.03 PM IST
Like Uber's Travis Kalanick, these CEOs also suddenly went missing in actionKalanick is not the only top executive to have taken time off or, in some cases, forced to.
22 Jun, 2017, 12.25 PM IST
- Lloyds exceeds target on asset reductions as profit rises
Lloyds Banking Group Plc will shrink assets further and faster than forecast, as Britain's biggest mortgage lender reduces its reliance on ...
02 May, 2012, 04.13 AM IST
- Low-risk strategy leaves Santander immune from global crisis
With a shrewd and low-risk expansion policy, Spain's largest bank Santander has escaped the global financial crisis and still remains on th...
30 Sep, 2008, 07.17 AM IST