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You Searched For "Credit Suisse Group AG" and got 20 results


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UBS completes Credit Suisse acquisition to become a banking behemoth

Swiss bank UBS on Monday said it has completed the acquisition of troubled rival Credit Suisse. …

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1 min read

SC warns SpiceJet CMD Ajay Singh for making default in payment of Credit Suisse AG

The Supreme Court has issued a stern warning to SpiceJet Chairman and Managing Director (CMD), Ajay…

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1 min read

Credit Suisse asks Reliance Capital administrator not to proceed with resolution till adjudication of claim

Credit Suisse AG has written to the administrator of Reliance Capital, Nageswara Rao Y not to proce…

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1 min read

UBS to cut 3,000 jobs in Switzerland after Credit Suisse takeover

UBS CEO Sergio Ermotti said it will lay off "around 1,000" workers as it integrates Credit Suisse's…

Tom Carter   


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UBS made a $29 billion quarterly profit after rescuing Credit Suisse

The record profit is mostly due to an accounting gain following its government-brokered takeover of…

Joseph Wilkins   


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1 min read

Moody's downgrades outlook for UBS to negative, after Credit Suisse take over

Rating agency Moody's has cut the outlook on UBS Group's debt to negative following its takeover of…

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2 mins read

Swiss prosecutors have opened an investigation into the takeover of Credit Suisse by UBS, report says

Switzerland's Federal Prosecutor told the Financial Times it was looking into potential breaches of…

Ryan Hogg   


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Dow dives over 600 points as Credit Suisse selloff injects fresh unease into markets

US stock futures dived Wednesday as worries about Credit Suisse pushed the lender's shares to a new…

George Glover   


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Credit Suisse fired a banker who forged a wealth-management client's documents and cost the firm $11 million, a new report says

The case follows other high-profile controversies involving the bank, including its 2019 spying sca…

Ben Winck   


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3 mins read

Credit Suisse's $3.2 billion cut-price sale signals an ongoing crisis that could expose unicorn fintechs

If Credit Suisse went for a song, how much are all the unicorn neobanks really worth?

Hasan Chowdhury   


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Credit Suisse is trying to raise more than $1 billion after a string of scandals and executive departures

The embattled bank is looking for ways to help it move past last year's Archegos scandal, when a he…

Sean Czarnecki   


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3 mins read

Credit Suisse bankers are preparing for 'Uli the Knife' to carve up the investment bank.

People at the beleaguered investment bank are working in a state of limbo as many question their fu…

Aaron Weinman   


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3 mins read

Forcing staff to return to the office full time is 'unrealistic', say senior execs at Davos

After months of confusion over return-to-work policies, some C-suite leaders are finally giving up …

Stephen Jones,Spriha Srivastava   


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Credit Suisse is reportedly weighing the replacement of high-profile executives, including its risk chief, following Greensill and Archegos crises

The recent Greensill and Archegos crises have left Credit Suisse under greater scrutiny, putting tw…

Theo Golden   


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US law firm sues Credit Suisse for misleading investors, claiming the bank did business with Russian oligarchs

Credit Suisse securitized a portfolio of loans linked to its wealthiest customers' yachts and priva…

Sam Tabahriti   


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3 mins read

Credit Suisse's rescue had a sting in its tail for the banking crisis. Here's what you need to know about AT1 bonds.

Here's everything you need to know about Credit Suisse's AT1 bonds as they raise the risk of more u…

George Glover   


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Congress launches probe into Credit Suisse after report that it asked investors to destroy documents linked to Russian oligarch finances

The letter asks Credit Suisse to produce documents relevant to a controversial securitization deal …

Azmi Haroun   


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Meet UBS CEO Ralph Hamers, a leader behind Credit Suisse negotiations who opts for open-necked shirts and wants to build 'Netflix of wealth'

The somewhat non-traditional CEO has been credited for ushering in digital innovation at both UBS a…

Bethany Biron   


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8 mins read

Trump's 'gobbledygook' math has lowballed, for a decade, how many fish he kills to cool his Chicago tower: AG

Every month, Trump tells Illinois how much Chicago River water he's using to cool his tower. His en…

Laura Italiano   


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1 min read

International Finance Corporation proposes to invest $100 million in Hero Fincorp's secured debt

According to IFC, the proposed investment will enable Hero Fincorp to expand is loan book acro…