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1 min read
Credit Suisse will be taken over by banking giant UBS, says Swiss government
Credit Suisse will be taken over by Swiss banking giant UBS, the Swiss federal government has annou…
5 mins read
Credit Suisse is in trouble, but this is not 2008 – investors remain wary of the ‘all is well’ soundbites
Credit Suisse, one of the largest and oldest banks of the world, is in trouble after the sharp rise…
3 mins read
Inside the turmoil at Credit Suisse
Credit Suisse is fighting speculation that it could be at risk of a Lehman Brothers-style collapse.…
Lisa Ryan
1 min read
Credit Suisse shares slide 10% as the shine of its rescue package wears off
DBRS Morningstar cut Credit Suisse's credit score Thursday, amid concerns it may default on its deb…
Karen Friar
2 mins read
US stocks fall as turmoil in regional banks resumes and Credit Suisse gets a lifeline
The rout in banking stocks has shaken up the broader market, leaving the S&P 500 close to erasing i…
Carla Mozée
1 min read
US stocks trade mixed as Credit Suisse troubles stoke fears of a banking crisis
Credit Suisse alarmed investors, but the Swiss National Bank later said it will provide the lender …
Jennifer Sor
2 mins read
Moscow banned UBS and Credit Suisse from selling shares in its subsidiaries after a Russian bank said it would lose money from their exit
The issue arises because of a 2021 syndicated loan granted to a Luxembourg-based agricultural firm.…
Huileng Tan
2 mins read
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
2 mins read
Credit Suisse shares tumble more than 20%, leading a plunge in European bank stocks
US-listed shares of Credit Suisse slid 21.9% to $1.96 in pre-market trading, hitting a record low o…
Zahra Tayeb
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
Long-time Credit Suisse shareholder Harris Associates reportedly sold its entire stake in the embattled bank
Long-time Credit Suisse shareholder Harris Associates has sold its entire stake in the Swiss bank, …
Zinya Salfiti
1 min read
After Russia invaded Ukraine, Credit Suisse asked investors to destroy documents linked to oligarch yacht loans, report says
Credit Suisse's letter to investors come as the US, UK, and the EU sanctioned Russian oligarchs in …
Kate Duffy
4 mins read
Everything you need to know about UBS's historic $3 billion deal to rescue rival bank Credit Suisse
Insider's George Glover gives you the rundown on the banking crisis' latest twist: UBS rescuing its…
George Glover
2 mins read
Massive Credit Suisse leak reveals bank managed hundreds of millions of dollars with clients tied to criminal activity and human rights abuses
In a statement, Credit Suisse said it "strongly rejects the allegations and insinuations about the …
Bethany Biron
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
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
2 mins read
Credit Suisse bank chairman broke Covid-19 quarantine rules to attend Wimbledon tennis tournament: report
Swiss bank Credit Suisse first began investigating in December after Antonio Horta-Osorio broke qua…
Stephen Jones
2 mins read
Recruiters worldwide are inundated with calls from anxious Credit Suisse bankers seeking new jobs amid the UBS takeover, report says
Recruiters in London, New York, and Singapore have received many calls from Credit Suisse workers a…
Kate Duffy
2 mins read
A retro red, blue, and white Credit Suisse ski cap is attracting ferocious bids online — and prices are now up to $200
Credit Suisse merch is popping up in online marketplaces following the 167-year-old lender's merger…