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GREENSILL BANKRUPTCY
Credit Suisse's problems began years ago, says UBS CEO Sergio ErmottiUBS CEO Sergio Ermotti, who returned to Switzerland's biggest bank last month to handle the merger, said it was "crystal clear, the situati...- Swiss prosecutors say investigating UBS-Credit Suisse mergerIn an email to AFP, prosecutors said they issued orders to investigate after "taking stock of the situation with all the relevant internal ...
- Up to 36,000 jobs may go in UBS-Credit Suisse merger: ReportsThe takeover by UBS of Credit Suisse was hastily arranged by the Swiss government on March 19 to prevent a global financial meltdown, follo...
- Credit Suisse settles spying claims with former executiveThe espionage debacle is the latest in a slew of controversies that has clouded the future of the Swiss bank.
- UK's anti-fraud agency probes Sanjeev Gupta-led GFG Alliance"The SFO is investigating suspected fraud, fraudulent trading and money laundering in relation to the financing and conduct of the business...
- GFG Alliance faces potential collapse in UK but says it won’t hit India businessGFG, which runs smelters, mines and power stations around the world, had last month approached the UK government seeking an emergency bailo...
- View: The blow-up of Archegos Capital has a few lessons for IndiaIn India, there wasn’t much of a reaction at all. Archegos owner Bill Hwang lost his fortune, and a couple of banks posted a few billion do...
- Sanjeev Gupta is fighting a tough battle to keep GFG afloatWith his back to the wall, metals maven Sanjeev Gupta, the founder chairman of the $20 billion revenue GFG Alliance, is fighting his bigges...
- Greensill Capital files for insolvency, administrators appointedGreensill Capital filed for insolvency after losing insurance coverage for its debt repackaging business and said in a court filing that it...
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