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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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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   


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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   


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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 …

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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   


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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   


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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…

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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   


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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…

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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 …

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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   


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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   


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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…

Jonathan Stempel