Credit Suisse posted $4 billion loss in 2Q, Sonntagszeitung reports
BERLIN (Reuters) – Credit Suisse, which is now a subsidiary of UBS, posted a loss of 3.5 billion Swiss francs ($4.0 billion) in the second …
sonntagszeitung
Shareholder, regulator pushback ended UBS-Wealthfront deal, SonntagsZeitung reports
ZURICH (Reuters) – Resistance from shareholders and United States regulators torpedoed Swiss bank UBS’s $1.4 billion bid for U.S. digital wealth management group Wealthfront, Swiss …
Credit Suisse eyes more cost cuts, SonntagsZeitung reports
ZURICH – Credit Suisse is considering how it could cut costs further after a dismal performance by the embattled bank in the past quarter, SonntagsZeitung …