Searched for
CREDIT SUISSE TURMOIL
Credit Suisse sheds nearly 13% of workforce this yearCredit Suisse has reduced its workforce by nearly 13% this year, with the number of employees falling to 33,968 at the end of June. The ban...- Indian equities likely to trade range-bound in near term; Credit Suisse recommends dip buyingThe Zurich-headquartered investment bank and financial services company has asked investors to focus on sectors with a high domestic exposu...
- Credit Suisse Q1 Results: Co saw $68 billion in outflows as it crumbledCredit Suisse said on Monday it had 61 billion Swiss francs ($68 billion) in net asset outflows in the first quarter, adding that outflows ...
- Credit Suisse downfall offers rallying cry for left and right Swiss political partiesBuilding on public discontent over the takeover of Credit Suisse Group AG by UBS Group AG, the right-wing Swiss People’s Party and left-win...
- UBS CEO tells Credit Suisse staff to stay focused on clients and the businessUBS CEO, Sergio Ermotti, told Credit Suisse staff to remain client-focused and maintain operational excellence during the merger. The Swiss...
- Credit Suisse AT1 bondholders consider possible legal actionIn Switzerland, the bonds' terms state that in a restructuring, the financial watchdog is under no obligation to adhere to the traditional ...
- Banking turmoil pounding investor confidence, show surveysInvestor confidence globally is at its lowest level in 20 years due to the US banking system chaos and renewed recession fears, with a rece...
- Credit Suisse rescue deal entails $280-billion supportUBS said it will pay $3.2 billion for the 167-year-old flagship, while the government said UBS would also take on the first $5.4 billion in...
- UBS takeover of Credit Suisse: the main points"Its fate is therefore not only decisive for Switzerland, for our companies, for private clients, for its own employees, but also for the s...
- Here's how Uday Kotak is reading Credit Suisse's discounted sale to UBS"Even as the global turmoil continues in financial markets, the macro factors are turning better for India. Current account deficit looks b...
- UBS, regulators race to seal Credit Suisse deal: ReportUBS Group AG , Credit Suisse Group and key regulators are rushing to finalise a deal on the merger of the two Swiss banks as soon as Saturd...
- 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...
- Trouble in Credit Suisse unlikely to impact India's banking system: ExpertsThe Switzerland-based bank, the report said, "has less than Rs 20,000 crore in assets (12th among foreign banks), presence in the derivativ...
- Credit Suisse CEO tells staff to focus on facts amid turmoil -memoThe bank would continue to focus on the transformation of Credit Suisse from a position of strength, citing an improved liquidity coverage ...
- 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...
- Uday Kotak reacts to Credit Suisse crisis, says India can stand out in this turbulenceThe stock fell as much as 31%, hitting record lows, and prices on its benchmark bonds sank to levels that indicate the Swiss lender is in d...
- Futures sink as Credit Suisse woes weigh on banksContracts on the S&P 500 sank about 2%. The 10-year Treasury yield plummeted below 3.5% after data showed wholesale prices in the US unexpe...
- Credit Suisse loses five more private bankers in Hong KongLuke Chiu, a managing director and China market leader has resigned from the bank, according to people familiar with the matter who asked n...
- Pile into equities if you missed rally, Credit Suisse advisesCredit Suisse is advising clients to hold 45 percent in equities.
- Lone Star taps Credit Suisse to handle KEBUS private equity firm Lone Star has replaced Citigroup with Credit Suisse as its adviser on the sale of its Korea Exchange Bank stake.
Load More
