You Searched For "Credit Suisse in trouble" and got 20 results
Sort By:
5 mins read
UBS is set to buy Credit Suisse for $3.2 billion. The megadeal could make the banking crisis worse.
The UBS-Credit Suisse megadeal could make it tougher for the Fed to fight inflation without causing…
Theron Mohamed
2 mins read
Credit Suisse's chairman says he's 'truly sorry' as angry investors crash the rescued bank's final shareholder meeting
Protesters at Zürich's hockey arena showed off a boat labeled "Crisis Suisse" in a final jab at the…
George Glover
2 mins read
Credit Suisse's chairman took a pass on a $1.6 million award and had his pay cut
Credit Suisse chairman Axel Lehmann took a pass on a $1.6 million award and saw his pay cut as the …
Zinya Salfiti
2 mins read
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
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 Srivasta…
1 min read
'Dr. Doom' Nouriel Roubini says Credit Suisse may be too big to save and risks igniting a 'Lehman moment'
"It's not clear that, unlike the United States, the [Swiss] federal system has enough resources to …
Filip De Mott
1 min read
Saudi National Bank chairman quits after his comments sparked Credit Suisse turmoil — and $1 billion in losses for his company
Ammar Al Khudairy took the spotlight after he ruled out investing any more into the troubled Credit…
Zahra Tayeb
4 mins read
Deutsche Bank, Credit Suisse, and what to know about the financial turmoil — and how one company is working to boost the number of women on Wall Street
Insider's Phil Rosen interviews the CEO of Girls Who Invest, and breaks down the latest news in the…
Phil Rosen
1 min read
The Swiss government has put a stop to some Credit Suisse banker bonuses after public backlash over the state-engineered rescue plan
UBS is buying Credit Suisse for $3.25 billion, but the Swiss government and its central bank are pr…
Huileng Tan
2 mins read
'I didn't bring my gun, don't worry': The wildest quotes from angry investors at Credit Suisse's last-ever shareholder meeting
Some shareholders at Credit Suisse's final annual meeting didn't hold back in venting their anger a…
Britney Nguyen,George Glover,…
2 mins read
Credit Suisse is looking to hire over 1,000 IT employees in India as it battles controversy at home
Credit Suisse’s staff in India already accounts for 25% of its workforce and the Switzerland-based …
2 mins read
The 'problematic' stock rally will fade as the Fed wrangles sticky inflation and recession hits in the 2nd half of the year, Credit Suisse strategist says
The inflation problem isn't going away, and that could spark a stock market sell-off in the second-…
Jennifer Sor
1 min read
Credit Suisse investors exposed to collapsed Greensill Capital fund are facing another $190 million of losses
Credit Suisse investors exposed to funds invested in assets sourced by failed Greensill Capital may…
Emily Graffeo
2 mins read
S&P Global slashes Credit Suisse's rating to near-junk status as the European bank struggles against 'material execution risks'
Credit Suisse has been knocked down to near-junk bond status by S&P Global, as the bank deals with …
Jennifer Sor
3 mins read
The Archegos meltdown will result in a $10 billion loss for global banks, JPMorgan says
Credit Suisse and Nomura Holdings are the most affected but the Archegos fiasco affects the industr…
Isabelle Lee
2 mins read
The head of the Senate banking committee wants details from banks linked to Archegos on how an under-the-radar family office caused so much turmoil
The head of the Senate banking committee is calling on lenders for answers about the blow-up of pri…
Carla Mozée
2 mins read
Credit Suisse will absorb a $4.7 billion writedown in the wake of the Archegos blow-up - and says several top executives are leaving
The European lender expects an overall loss of $958 million for the first quarter after two signifi…
Shalini Nagarajan
2 mins read
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
3 mins read
The skies are clearer for IndiGo stock to surge further as Go First’s troubles mount
India’s largest airline InterGlobe Aviation (IndiGo) has a lot to cheer if its peer Go First fails …
2 mins read
Owners of Indian companies may have to sell ₹3.7 trillion worth shares to meet the budget mandate-- and that may drive down stocks rapidly
Nirmala Sitharaman's latest budget said that it would increase the number of free-floating shares…