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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…
2 mins read
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. …
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…
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
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
2 mins read
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
1 min read
Indigo stock gains as a plea to shut down SpiceJet has been admitted
Further, the court has asked the official liquidator (Credit Suisse) to take over the assets of …
3 mins read
Credit Suisse posts 22% slide in 2020 net profit on back of significant legal charges. It plans to boost lending volume to shore up revenue
The earnings cap a tumultuous year for the bank, which began with the ousting of Tidjane Thiam as C…
Shalini Nagarajan,Reuters
5 mins read
Credit Suisse Refuses To Abandon Its Money Losing US Brokerage Business
Under Vasan, who spent much of the last decade dealing with hedge-fund tycoons and previously direc…
Jed Horowitz, Reuters
2 mins read
Salman Khan threat: Mumbai cops file FIR against gangsters Lawrence Bishnoi, Goldy Brar
Apart from Bishnoi and Brar, the First Information Report, which was registered on Saturday, nam…
PTI
7 mins read
Not time for bottom fishing yet say experts even as many blue chips hit their 52 week lows
Indian markets have been under pressure in the last few weeks in tandem with the global markets tha…
2 mins read
SpiceJet gets breather as Supreme Court holds winding up order for 3 weeks
However, the apex court bench headed by Chief Justice N.V. Ramana pulled up the airline saying, …
3 mins read
Kalanithi Maran and KAL Airways reject SpiceJet's ₹600 crore settlement offer
Senior advocate Maninder Singh, representing KAL Airways, submitted before a bench headed by Chi…
2 mins read
10 things before the opening bell
Stocks on the move, DocuSign could soar higher, and Robinhood fires back at SEC.
Phil Rosen
6 mins read
Google-Vodafone Idea deal – all the banks and mutual funds that are waiting for it to happen
The debt-laden Vodafone Idea had borrowings of ₹1,18,575 crore as of March 31, 2019. Of these, i…
2 mins read
Heading for an IPO, Mobikwik reports a profit in its payment gateway business
Mobikwik, one of India’s leading digital payments companies, has claimed that its payment gateways …
3 mins read
Inside Citi's exec shakeup — Chime's latest round — Buy now, pay later's future
The top finance stories for September 15, including the news on Citi's executive shakeup and Chime'…
Dan DeFrancesco
2 mins read
Alibaba has reportedly filed confidentially for a Hong Kong listing that could raise up to $20 billion
The listing could raise as much as $20 billion, but the official amount hasn't been determined yet,…
Daniel Strauss
2 mins read
Judge dismisses investor claims that Citi, Barclays, and 7 other big banks colluded to rig a $9 trillion bond market
In a decision made public on Wednesday, U.S. District Judge Edgardo Ramos in Manhattan said the inv…