UBS has cut 10,000 jobs since Credit Suisse takeover in 2023UBS Group AG has decreased its workforce by more than 10,000 employees since acquiring Credit Suisse, aiming to integrate the former rival ...
04 Feb, 2025, 03.21 PM IST
Credit Suisse connection to Nazi-era accounts uncovered by US panelAn investigation by a US Senate panel has found that troubled investment bank Credit Suisse concealed information during previous inquiries...
05 Jan, 2025, 12.09 PM IST
Credit Suisse ceases to exist as UBS wraps up takeover"Today, Credit Suisse AG has been deregistered in the Commercial Register of the Canton of Zurich," UBS said in a statement on Friday. It "...
01 Jun, 2024, 12.53 AM IST
UBS cuts nearly 70% Credit Suisse researchers in Hong Kong-sourcesUBS' takeover of Credit Suisse marks the first-ever merger of two global systematically important banks after the latter suffered years of ...
21 Sep, 2023, 02.14 PM IST
UBS completes takeover of Credit SuisseUBS has successfully concluded its acquisition of Credit Suisse, resulting in a mammoth banking entity, as two global banks unite for the f...
12 Jun, 2023, 08.19 PM IST
UBS tells investors shotgun Credit Suisse takeover a 'major challenge'Describing the transaction as "the first merger of two globally systematically important banks," Chairman Colm Kelleher sought to assure in...
05 Apr, 2023, 02.37 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
Credit Suisse erupts into full-blown crisis as rivals back awayAt least one bank, BNP Paribas SA, went a step further and informed clients it will no longer accept requests to take over their derivative...
16 Mar, 2023, 06.42 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
Credit Suisse pays $495 million to settle legacy caseCredit Suisse said it would make the pay-out to settle claims brought by the New Jersey Attorney General related to the bank's residential ...
17 Oct, 2022, 01.21 PM IST
Credit Suisse names new CEO as losses widenKoerner previously worked at Credit Suisse in different roles between 1998 and 2009 after which he worked at rival bank UBS between 2009 an...
27 Jul, 2022, 11.58 PM IST
Ukraine war pushes Credit Suisse deeper into redCredit Suisse, which had already warned a week ago that it would take a financial hit from Russia's invasion of Ukraine, calculated that th...
27 Apr, 2022, 12.03 PM 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 IT India wins Coding Powerhouse AwardCredit Suisse’s IT India team won the Coding Powerhouse of India award at the TechGig 2019 Code Gladiators challenge held in Mumbai. Credit...
26 Jul, 2019, 10.25 AM IST
D-St bulls have little to chew on: Earnings growth revival looks toughThe extent of downgrade was sharper than the reduction in the past 2 quarters.
08 Sep, 2017, 10.25 AM IST
- Credit Suisse issues profit warning
Swiss banking giant Credit Suisse took another hit to earnings on Thursday from its exposure to the US subprime loan crisis and warned ther...
21 Mar, 2008, 03.44 AM IST
- Markets to bask in ‘trillion’ halo
If gaining entry into the `trillion’ dollar economy club means anything, the Indian stock market could deliver positive returns over the ne...
27 Apr, 2007, 02.22 AM IST