suisse

By Oliver Hirt ZURICH (Reuters) – UBS’s emergency takeover of Credit Suisse may lead to thousands of job losses, departures of key staff and a risky integration challenge, but for …

By Selena Li and Samuel Shen HONG KONG (Reuters) – UBS has halted plans to set up a new fund unit in China and decided to maintain ownership in a …

By John Revill and Tomasz Janowski ZURICH (Reuters) – A rare Swiss parliamentary investigation due to start this week aims to establish what went wrong before the dramatic fall of …

VIENNA (Reuters) – Saudi National Bank wanted to increase its stake in Credit Suisse to around 40% from 9.88%, but was prevented from doing so by Swiss regulator FINMA, Blick …

By Tatiana Bautzer NEW YORK (Reuters) – Credit Suisse Group AG on Thursday appointed an investment banking management committee to oversee its integration with UBS Group AG, according to a …

By Vidya Ranganathan and Stefania Spezzati SINGAPORE/LONDON (Reuters) – Credit Suisse, driven into a rescue by UBS after heavy cash outflows, is seeking to claw back business by offering rich …

By Kane Wu and Selena Li HONG KONG (Reuters) – UBS will start cutting Asia investment banking jobs at Credit Suisse next month, three people with knowledge of the matter …

ZURICH (Reuters) – Credit Suisse shares closed 1% higher at 0.81 Swiss francs ($0.89) on Monday, their last trading day after the stricken bank’s takeover by Swiss rival UBS. Under …

By Noele Illien and John Revill ZURICH (Reuters) -UBS Chief Executive Sergio Ermotti said on Monday that around 10% of Credit Suisse employees had left before the bank sealed its …

ZURICH (Reuters) – UBS followed up the announcement it had closed the takeover of stricken rival Credit Suisse on Monday with a raft of management changes. Here are the highlights: …

By Tomasz Janowski, Oliver Hirt and John Revill ZURICH (Reuters) – With its Credit Suisse takeover officially wrapped up, UBS must now make good on its promise that the government-orchestrated …

(Reuters) – UBS AG is set to impose tight restrictions on Credit Suisse bankers, including a ban on new clients from high-risk countries and on complex financial products, the Financial …

(Reuters) – UBS and the Swiss government agreed on Friday on how they will share losses linked to the bank’s emergency takeover of Credit Suisse, clearing the way for the …

By Noele Illien and Stefania Spezzati ZURICH (Reuters) – Hundreds of Credit Suisse’s employees are resigning each week in a sign of uncertainty gripping the lender while it is being …

BERN (Reuters) – The Swiss government on Thursday moved to speed up work on extending a public liquidity backstop Credit Suisse received access to in March under emergency rules to …

ZURICH (Reuters) – Credit Suisse senior managers will have their outstanding bonus payments for 2022 either cancelled or reduced following an order issued on Tuesday by the Swiss Finance Ministry. …

By Phuong Nguyen and Francesco Guarascio HANOI (Reuters) – Vietnamese property giant No Va Land Investment Group Corp is in talks with creditors to restructure part of its $1 billion …

By Kirstin Ridley and Stefania Spezzati LONDON (Reuters) – Credit Suisse came close to falling below minimum levels of cash held at the Swiss central bank days before its forced …

By Stefania Spezzati, Paritosh Bansal and America Hernandez (Reuters) – Qatar’s sovereign wealth fund, Credit Suisse’s second-largest investor, has explored seeking redress for losses incurred by the bank’s takeover, two …

NEW YORK (Reuters) – The Credit Derivatives Determinations Committee (DC) accepted on Friday to look into a question on whether a “governmental intervention credit event” occurred with respect to Credit …

LUCERNE, Switzerland (Reuters) -UBS Chief Executive Sergio Ermotti said on Friday that the situation at Credit Suisse has stabilized and he did not think outflows at the embattled bank were …

(Reuters) – Zoltan Pozsar, a widely followed Credit Suisse markets guru, has left the bank, part of an exodus of staff that started in the months before the lender’s shotgun …

(Reuters) – Hundreds of lawsuits have been filed over the terms of the emergency deal to save Credit Suisse by selling it to Swiss banking rival UBS, a Swiss court …

PARIS (Reuters) – European Union antitrust authorities will decide on UBS’ planned takeover of fellow Swiss bank Credit Suisse by June 7, the European Commission said in a statement. The …

ZURICH (Reuters) -Switzerland’s UBS said on Monday it will retain Christian Bluhm as chief risk officer for the “foreseeable future” as it bolsters controls during the takeover of Credit Suisse. …