Swiss multinational banking institution
Is the boom in private credit losing steam?: Leading players look to partner with banks rather than be their adversaries
ft.com/content/bd3c91f2-ded2-45ed-bc6d-7db99fe42d39
Takeover of CS by UBS: US criticism is hypocritical: If CS were an American bank, it would have been wound up. That's what the head of the American deposit ...
nzz.ch/meinung/amerikas-belehrungen-zur-rettung-der-credit-suisse-sind-heuchlerisch-ld.1825960
How to tame UBS without making the bank toothless: Swiss government proposals to regulate Too Big to Fail banks meets sceptical response.
swissinfo.ch/eng/banking-fintech/how-to-tame-ubs-without-making-the-bank-toothless/75541822
Morgan Stanley Hires Huang for China Asset Management: Morgan Stanley hired former Credit Suisse banker Min Huang to lead its China investment management ...
bloomberg.com/news/articles/2024-04-15/morgan-stanley-hires-huang-for-china-asset-management
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BDT, Credit Suisse Alums’ Citation Capital Seeks $850 Million: Private equity firm Citation Capital is seeking to raise about $850 million for its debut fund ...
bloomberg.com/news/articles/2024-04-15/bdt-credit-suisse-alums-citation-capital-seeks-850-million
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Bonds Are a Minefield. Where to Find 5% to 8% Yields Now.: After a tough start to the year, bonds should start to perk up. Where to find yields from 5% to 8%.
barrons.com/articles/bond-treasuries-income-yields-c42e0221
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UBS weighs Credit Suisse China stake swap with Beijing government, Bloomberg News reports
reuters.com/markets/deals/ubs-weighs-credit-suisse-china-stake-swap-with-beijing-government-bloomberg-news-2024-04-09/
Big banks’ shock absorbers are still far too slim: podcast: Credit Suisse and a string of US regional banks failed last year. In this Exchange podcast ...
reuters.com/breakingviews/big-banks-shock-absorbers-are-still-far-too-slim-podcast-2024-03-26/
Does Switzerland need a huge global bank?: A debate is raging on the pros and cons of a giant global bank based in Switzerland.
swissinfo.ch/eng/banking-fintech/does-switzerland-need-a-huge-global-bank/73859521
UBS to Sell $8 Billion Loans to Apollo in Revised SPG Deal: UBS Group AG finalized a deal with Apollo Global Management Inc. for the carve-out of Credit Suisse’s ...
bloomberg.com/news/articles/2024-03-27/ubs-apollo-agree-to-change-deal-terms-for-credit-suisse-s-spg
Paid articlePaid Viewsroom: Bank crises proved a mixed blessing for rivals on Apple Podcasts: Show Viewsroom, Ep Bank crises proved a mixed blessing for rivals - 21 Mar 2024
reut.rs/4arf15H
Can UBS become Europe’s Morgan Stanley?: A year on from its rescue of Credit Suisse, the Swiss banking behemoth must make a success of its wealth business.
swissinfo.ch/eng/banking-fintech/can-ubs-become-europes-morgan-stanley/73852897
A year on from Credit Suisse's rescue, banks remain vulnerable
reuters.com/markets/europe/year-credit-suisses-rescue-banks-remain-vulnerable-2024-03-15/
UBS's rescue of Credit Suisse has created new risks for Switzerland, OECD says: UBS's rescue takeover of Credit Suisse a year ago has created "new risks and ...
reuters.com/markets/deals/ubss-rescue-credit-suisse-has-created-new-risks-switzerland-oecd-says-2024-03-14/
Swiss National Bank: Central banker with a broad cross wanted: Thomas Jordan led the Swiss central bank with a sure hand through a crisis-ridden period and ...
faz.net/aktuell/wirtschaft/schweizer-notenbank-unter-druck-19560637.html
Is the US headed for another banking crisis? : A major scheme to prop up the US banking system is ending, while a second may be winding down.
scroll.in/article/1064441/is-the-us-headed-for-another-banking-crisis
SNB Says Banks Need Better Liquidity, Loss Absorption Plans: The Credit Suisse crisis showed that Swiss banks need to plan better for emergency situations in ...
bloomberg.com/news/articles/2024-03-21/snb-says-banks-need-better-liquidity-loss-absorption-plans
Paid articlePaid The lessons from Europe’s banking drama: One year on, the message from the market attack on Deutsche Bank is that nonsense on the internet matters
ft.com/content/a96d90d5-5710-4c73-bcb0-2e9c1d3e1dd4
Paid articlePaid Ex-Credit Suisse, UBS US Client Indicted for Hiding $20 Million From IRS: A Brazilian-American businessman was indicted in Florida for allegedly using Credit ...
bloomberg.com/news/articles/2024-03-21/ex-credit-suisse-client-indicted-over-hiding-money-from-irs
Paid articlePaid News from the financial center: The children of Metzler boss Gerhard Wiesheu are making careers in Japan
faz.net/aktuell/finanzen/neues-vom-finanzplatz-die-kinder-von-metzler-chef-gerhard-wiesheu-machen-in-japan-karriere-19589543.html
Ex-Credit Suisse Client Arrested in 35-Year Tax Scheme, US Says: A Brazilian-American businessman who lives in Florida was charged with using Credit Suisse Group ...
bloomberg.com/news/articles/2024-03-11/ex-credit-suisse-client-arrested-in-35-year-tax-scheme-us-says
Credit Suisse client in tax dodge case gets $15-million bail: A Brazilian-American businessman charged with dodging US taxes for decades using accounts at Swiss ...
dailymaverick.co.za/article/2024-03-13-credit-suisse-client-in-tax-dodge-case-gets-15-million-bail/
Ex-Credit Suisse CEO Signals He’ll Run for Ivory Coast President: Former Credit Suisse Chief Executive Officer Tidjane Thiam signaled his intention to run for ...
bloomberg.com/news/articles/2024-03-11/ex-credit-suisse-ceo-signals-he-ll-run-for-ivory-coast-president
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⚪⚫ 𝐁𝐞𝐧𝐯𝐞𝐧𝐮𝐭𝐨 𝐢𝐧 𝐛𝐢𝐚𝐧𝐜𝐨𝐧𝐞𝐫𝐨, 𝐉𝐮𝐬𝐭𝐢𝐧 ⚽ The American defender arrives from Chicago Fire FC on loan until the end of the current Credit Suisse Super League season ... Show more
Justin Reynolds at FC Lugano - FC Lugano
Justin Reynolds at FC Lugano - FC Lugano
Prosecutors Say Credit Suisse Client Dan Rotta Allegedly Cheated IRS for Decades: US prosecutors used a court hearing Tuesday to describe the measures an ...
bloomberg.com/news/articles/2024-03-12/two-passports-fake-names-irs-says-credit-suisse-client-cheated
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US regional banks, the weakest link a year after the fall of Silicon Valley Bank: Concerns have shifted to exposure to commercial real estate credit ...
english.elpais.com/economy-and-business/2024-03-11/us-regional-banks-the-weakest-link-a-year-after-the-fall-of-silicon-valley-bank.html
Ex-Credit Suisse Customers Face Grand Jury Probes Over Taxes: Former Credit Suisse AG customers are being investigated by federal grand jurors in Miami trying to ...
bloomberg.com/news/articles/2024-03-05/ex-credit-suisse-customers-face-grand-jury-probes-over-tax-fraud
Santander Hires Credit Suisse’s Pangrazzi as Head of Europe Industrial Deals: Banco Santander SA has hired Credit Suisse’s Italian chief of investment banking ...
bloomberg.com/news/articles/2024-03-04/santander-hires-credit-suisse-s-pangrazzi-as-head-of-europe-industrial-deals
Paid articlePaid Ant Outbids Citadel Securities for Credit Suisse’s China Unit: Ant Group Co. outbid Citadel Securities LLC for Credit Suisse’s investment bank venture in China ...
bloomberg.com/news/articles/2024-02-26/ant-outbids-citadel-securities-for-credit-suisse-s-china-unit
UBS to Restart Buybacks After Progress on Credit Suisse Integration: UBS said it will resume share buybacks in 2024 after it reported a net loss for the fourth ...
wsj.com/business/earnings/ubs-swings-to-net-loss-restarts-buybacks-7c826349
Quick Glance: Record Profit for UBS from Credit Suisse Acquisition
- UBS achieved a record profit of $29 billion in 2023 from acquiring Credit Suisse.
- The book gain from the emergency acquisition of Credit Suisse was a major driver for this record profit.
- The total dividend for 2023 is set to increase by 27% to $0.70 per share.
- UBS plans buybacks of up to one billion dollars in the current year.
Deutsche Bank Hires Credit Suisse Alum for Building Products: Deutsche Bank AG hired Ward Jones to lead its Americas building-products dealmaking efforts ...
bloomberg.com/news/articles/2024-02-05/deutsche-bank-hires-credit-suisse-alum-for-building-products
Paid articlePaid UBS cut most jobs in sector following Credit Suisse takeover: The takeover of Credit Suisse by UBS has led to a reduction of at least 13,000 jobs at the combined ...
swissinfo.ch/eng/business/ubs-cut-most-jobs-in-sector-following-credit-suisse-takeover/49087360
Oxfam study: The super-rich are getting richer: Poorer people suffer from global crises. The wealth of all billionaires, on the other hand ...
faz.net/aktuell/wirtschaft/arm-und-reich/oxfam-studie-die-superreichen-werden-immer-reicher-19447057.html
Sale of UK assets to world’s largest money manager means huge payday for bankers: Global Infrastructure Partners, whose portfolio includes Gatwick ...
theguardian.com/business/2024/jan/12/blackrock-buys-global-infrastructure-partners
China Blues: The Bloomberg Close, Asia Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-01-11/china-blues-the-bloomberg-close-asia-edition
Paid articlePaid Citadel has made a non-binding offer for Credit Suisse’s securities venture in China, becoming the only global financial firm to submit a bid, sources say. Show more
Bank of England asks banks to report private credit exposure -sources: Britain's top financial regulator has asked banks active in the so-called private credit ...
reuters.com/world/uk/bank-england-asks-banks-report-private-credit-exposure-sources-2023-12-07/
MUFG Brokerage Joint Venture Sued Again Over Credit Suisse AT1 Losses: Another group of Japanese investors sued Mitsubishi UFJ Financial Group Inc ...
bloomberg.com/news/articles/2023-12-26/mufg-brokerage-jv-sued-again-over-credit-suisse-at1-losses
Paid articlePaid Bank rescue package: Swiss government encounters resistance: The Federal Council wants to introduce a state liquidity guarantee for banks. However ...
swissinfo.ch/eng/business/bank-rescue-package--swiss-government-encounters-resistance/49031728
Who Is Antoine Martin At The SNB?: When the Swiss National Bank poached Antoine Martin from the Federal Reserve, it didn’t only get an experienced economist ...
bloomberg.com/news/articles/2023-12-20/snb-s-new-policy-maker-brings-bank-insights-fed-experience
Credit Suisse: The new UBS practically only makes money in Switzerland: So far, the 40 billion that the two big banks have invested in the USA have not been ...
tagesanzeiger.ch/credit-suisse-die-neue-ubs-verdient-praktisch-nur-in-der-schweiz-geld-637557746322
Paid articlePaid Banks should slow deposit withdrawals, prepare better collateral to evade crises - SNB
reuters.com/business/finance/banks-should-slow-deposit-withdrawals-prepare-better-collateral-evade-crises-snb-2023-11-09/
What did the Swiss need to find out more on in 2023?: This year there were certain subjects that people in Switzerland needed to find out more about and Google ...
thelocal.ch/20231212/what-did-the-swiss-need-to-find-out-more-on-in-2023
Credit Suisse bank still looking for new staff: The ongoing integration of Credit Suisse into UBS does not yet affect the number of job offers that can be found ...
swissinfo.ch/eng/business/credit-suisse-bank-still-looking-for-new-staff/49042206
Major US bank JP Morgan is once again the most systemically important bank in the world
diepresse.com/17865703/us-grossbank-jp-morgan-erneut-die-systemrelevanteste-bank-der-welt
Major Swiss banks: UBS President praises Credit Suisse integration and sets high goals for the stock exchange
handelsblatt.com/finanzen/banken-versicherungen/banken/schweizer-grossbanken-ubs-praesident-lobt-credit-suisse-integration-und-setzt-hohe-ziele-an-der-boerse/100001616.html
AllianceBernstein $650 Billion Firm Caught in Swiss Wipeout Is Buyer of UBS AT1s: One of the major investors caught in Credit Suisse’s historic wipeout of AT1s ...
bloomberg.com/news/articles/2023-11-17/-650-billion-firm-caught-in-swiss-wipeout-is-buyer-of-ubs-at1s
Ex-Credit Suisse Convertibles Banker Martin Set to Join TD Cowen: Tucker Martin, a former Credit Suisse banker focused on equity-linked capital markets ...
bloomberg.com/news/articles/2023-11-15/ex-credit-suisse-convertibles-banker-martin-set-to-join-td-cowen
Lemssouguer’s Arini Hedge Fund Among Signa Unit Bondholders: Arini, the hedge fund founded by former Credit Suisse debt trader Hamza Lemssouguer ...
bloomberg.com/news/articles/2023-11-09/lemssouguer-s-arini-hedge-fund-among-signa-unit-s-bondholders
Paid articlePaid UBS storms AT1 market with first sale since Credit Suisse’s fall: UBS’s sale of additional tier 1 bonds, its first since the Credit Suisse takeover ...
swissinfo.ch/eng/business/ubs-storms-at1-market-with-first-sale-since-credit-suisse-s-fall/48965006
Quick Glance: UBS Attracts Wealthy Clients Through Credit Suisse Acquisition
- UBS Group (UBSG.S) received fresh funds from wealthy clients, helping to offset the $785 million quarterly loss due to the acquisition of Credit Suisse.
- The group reported $22 billion in new funds in its Wealth Management division, gaining new clients, and Credit Suisse also experienced inflows for the first time since early 2022 as it approached collapse.
- Goldman Sachs analysts had anticipated $14 billion for the group.
- UBS is striving to recover from the outflow of client funds from Credit Suisse.
Goldman Hires Credit Suisse Bankers in Middle East Wealth Drive: Goldman Sachs Group Inc. hired a trio of Credit Suisse private bankers as it builds up its ...
bloomberg.com/news/articles/2023-11-09/goldman-hires-credit-suisse-bankers-in-middle-east-wealth-drive
Paid articlePaid Swiss National Bank Chairman defends handling of Credit Suisse crisis: Swiss National Bank (SNB) Chairman Thomas Jordan on Wednesday defended the central bank's ...
reuters.com/markets/europe/swiss-national-bank-chairman-defends-handling-credit-suisse-crisis-2023-11-01/
Credit Suisse Collapse: SNB Lacked Means to Save Bank, Vice Chair Says: The Swiss National Bank’s vice president said the central bank lacked the means to save ...
bloomberg.com/news/articles/2023-10-29/swiss-national-banker-says-talk-couldn-t-save-credit-suisse
Captain of Swiss industry Rainer E. Gut dies: Former business leader Rainer E. Gut, who transformed Schweizerische Kreditanstalt (SKA) into global banking group ...
swissinfo.ch/eng/business/captain-of-swiss-industry-rainer-e--gut-dies/48890514
Pictet’s Private Equity Co-Head Doesn’t Need One-Stop Shops: Hi it’s Swetha Gopinath in London, with highlights from my recent chat with the co-head of private ...
bloomberg.com/news/newsletters/2023-10-25/pictet-s-private-equity-co-head-doesn-t-need-one-stop-shops
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