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WHY CREDIT SUISSE FAILED
SpiceJet completes $1.5 million payment to Credit Suisse, shares riseSpiceJet has made a payment of $1.5 million to Credit Suisse after the Supreme Court of India ordered the chairman of the budget carrier, A...15 Sep, 2023, 12.13 PM IST- SpiceJet pays Kal Airways Rs 100 cr towards arbitral award after court orderLow-cost airline SpiceJet has paid Rs 100 crore ($1.5 million) to Kal Airways and its promoter Kalanithi Maran, following an order from the...12 Sep, 2023, 02.53 PM IST
- UBS fined nearly $400 million related to Credit Suisse's relationship with failed fund ArchegosSwiss banking giant UBS will pay nearly $400 million in fines to U.S., Swiss and U.K. banking authorities for the management failures of Cr...25 Jul, 2023, 11.38 AM IST
- Credit Suisse owes millions to Georgia's billionaire ex-prime minister, court saysThe billionaire businessman, who amassed a fortune in Russia before serving as Georgia's prime minister from 2012 to 2013, sued the Swiss b...26 May, 2023, 09.20 PM IST
- Supreme Court orders SpiceJet to pay settlement amount to Credit Suisse by July 18Credit Suisse told the court that while SpiceJet had made some payments, an outstanding amount of around $4.4 million is yet to be paid.17 May, 2023, 11.43 PM IST
- Credit Suisse asks Supreme Court to start contempt process against SpiceJet MD Ajay SinghThe investment banking company said that Singh and Spicejet company secretary Chandan Sand should be convicted and sentenced for "wilful, d...22 Apr, 2023, 12.56 AM IST
- Swiss regulators defend rescue of Credit Suisse via UBS dealThe head of the Swiss financial regulator on Wednesday defended the rescue of Credit Suisse through a controversial takeover by rival bank ...05 Apr, 2023, 03.16 PM IST
- The 11 days of turmoil that brought down four banks and left a fifth teeteringSilvergate Capital Corp. was the first US bank to collapse, done in by its exposure to the crypto industry’s meltdown. With Silvergate’s ob...21 Mar, 2023, 09.21 AM IST
- Credit Suisse's troubles - spies, money laundering and takeoverSwitzerland's UBS has agreed to buy rival Credit Suisse for 3 billion Swiss francs in stock in a shotgun merger engineered by Swiss authori...20 Mar, 2023, 03.37 PM IST
- UBS to explore Credit Suisse deal in crisis combinationCredit Suisse shares jumped 9% in after-market trading following the FT report. Credit Suisse and UBS declined to comment on the report. Cr...18 Mar, 2023, 08.14 AM 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'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
- SpiceJet settles $24 million financial dispute with Credit SuisseThe airline said that the documentation process of the settlement terms is underway. Notably, the process involves payment of the settlemen...31 Mar, 2022, 05.34 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
- Abu Dhabi bank sues Credit Suisse, S&P over dealAbu Dhabi Commercial Bank is suing Credit Suisse and credit rating agency Standard & Poor's, alleging it was misled over a 2007 investment ...25 Nov, 2010, 03.48 PM IST
- Credit Suisse to pay clients for Lehman lossesCredit Suisse said on Tuesday that it will pay some $43 million to about 1,700 clients whose money was invested with the failed US investme...21 Apr, 2009, 04.21 PM IST
- British watchdog says fines Credit Suisse $10.5 mnBritain's financial watchdog on Wednesday said it had fined Credit Suisse banking group 5.6 million pounds (7.0 million euros, 10.5 million...14 Aug, 2008, 02.14 AM IST
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