Swiss multinational banking institution
Credit Suisse: Why the bank collapsed like a house of cards: Finma contributed to CS becoming a kind of pyramid scheme. And Ueli Maurer also played a role in the ...
tagesanzeiger.ch/credit-suisse-warum-die-bank-wie-ein-kartenhaus-zusammenbrach-758172774935
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The Banker Who Brought Signa to Julius Baer Is Leaving Firm: Gilles Stuck, the ex-Credit Suisse banker pivotal in building Julius Baer Group AG’s relationship ...
bloomberg.com/news/articles/2024-02-19/julius-baer-s-swiss-market-head-gilles-stuck-is-leaving-firm
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Sunday press: Mountain accidents, CS debacle and violence in federal asylum centers
bzbasel.ch/schweiz/sonntagspresse-bergungluecke-und-die-folgen-neue-erkenntnisse-zu-ursachen-des-cs-debakels-und-zunehmende-gewalt-in-bundesasylzentren-ld.2595282
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
Julius Baer pops myth of private bank prudence: Almost a year after the rescue of Credit Suisse, another fiasco has further debunked the myth of the prudent ...
reuters.com/breakingviews/julius-baer-pops-myth-private-bank-prudence-2024-02-01/
Cyprus Confidential: 20 sanctioned Russians had Swiss accounts: Now the Cyprus Confidential data leak shows: UBS, CS and other banks themselves looked after the ...
tagesanzeiger.ch/cyprus-confidential-20-sanktionierte-russen-hatten-schweizer-konten-890860663762
Paid articlePaid Singapore to inspect Credit Suisse, others in money-laundering scandal - Bloomberg
reuters.com/business/finance/singapore-inspect-credit-suisse-others-money-laundering-scandal-bloomberg-2023-10-18/
UBS and CS play green and invest 263 billion in oil and gas companies: International research shows: The major Swiss banks play an important role worldwide in ...
tagesanzeiger.ch/klimaschaedliche-investitionen-ubs-und-cs-geben-sich-gruen-und-leiten-263-milliarden-franken-in-oel-und-gasfirmen-167789429628
Paid articlePaid UBS and China's ICBC to explore banking, wealth management ties: Swiss banking group UBS (UBSG.S) said on Tuesday it had signed a memorandum of understanding ...
reuters.com/business/finance/ubs-chinas-icbc-explore-banking-asset-wealth-management-collaboration-2023-09-26/
Comment on the banks' fossil bonds: Switzerland is shirking its responsibility for the climate
tagesanzeiger.ch/kommentar-zu-fossil-anleihen-der-banken-die-schweiz-stiehlt-sich-aus-der-verantwortung-fuers-klima-331275671132
Credit Suisse bond investors plot lawsuit against Switzerland, Financial Times reports
reuters.com/markets/rates-bonds/credit-suisse-bond-investors-plot-lawsuit-against-switzerland-ft-2023-09-15/
UBS Reaches Settlement With Mozambique Over Tuna-Bonds: UBS Group AG reached a settlement with Mozambique over Credit Suisse’s role in a ship-financing scandal ...
bloomberg.com/news/articles/2023-10-01/ubs-reaches-settlement-with-mozambique-over-tuna-bond-scandal
Credit Suisse case: SC tells SpiceJet CMD to respond to contempt notice: SpiceJet Credit Suisse case: The apex court on July 25 had given additional time to the ...
business-standard.com/india-news/credit-suisse-case-sc-tells-spicejet-cmd-to-respond-to-contempt-notice-123081400632_1.html
Credit Suisse Urs Rohner made CS a legal Ponzi scheme: The former President of Credit Suisse was not a role model and did not have a business model that financed ...
tagesanzeiger.ch/urs-rohner-machte-die-cs-zu-einem-legalen-schneeballsystem-756190279880
Paid articlePaid Archegos' Bill Hwang Seeks Evidence From UBS, Goldman (GS) in His Defense: Archegos Capital Management’s Bill Hwang asked the judge in his criminal fraud ...
bloomberg.com/news/articles/2023-07-27/bill-hwang-seeks-evidence-from-banks-pivotal-in-his-defense
Georgian billionaire wins $926 million from Credit Suisse after fraud: Credit Suisse (CSGN.S) was ordered to pay $926 million to Georgia's former prime minister ...
reuters.com/world/europe/credit-suisse-ordered-pay-926-million-georgia-prime-minister-case-2023-05-26/
Credit Suisse withdraws attempt to protect staff bonuses: Over $400mn in deferred pay was wiped out after a state-orchestrated rescue by UBS
ft.com/content/e7a2582f-77b5-4e14-9113-e474b2e84a53
Paid articlePaid Credit Suisse bankruptcy event has not occurred - CDS panel: A derivatives committee ruled on Monday that a bankruptcy credit event had not occurred in relation ...
reuters.com/business/finance/cds-panel-says-credit-suisse-bankruptcy-event-has-not-occurred-2023-05-22/
A conversation about the dark past of Credit Suisse: The historian Hans Fässler on the history of the bank and its connection to slavery ...
republik.ch/probelesen-mit-welchen-verbrechen-haengt-unser-reichtum-zusammen
The sudden collapse of Silicon Valley Bank and the hasty takeover of Credit Suisse have raised fears of a new banking crisis ... Show more More
Credit Suisse has 'learnt nothing' from 2008 crash, London court told: Credit Suisse (CSGN.S) was accused on Thursday of having "learnt nothing" from the 2008 ...
reuters.com/business/finance/credit-suisse-has-learnt-nothing-2008-crash-london-court-told-2023-04-20/
This is what the top team of the new UBS could look like: After the takeover by UBS, Credit Suisse executives are in bad shape when it comes to filling top jobs.
handelszeitung.ch/banking/die-neue-grossbank-nimmt-form-an-so-konnte-das-spitzenteam-der-kunftigen-ubs-aussehen-589578
Paid articlePaidQuick Glance: The fate of CS dominated the UBS AGM as well.
- The major topic of conversation, though, was the future - particularly the Credit Suisse takeover.
- He is making way for Sergio Ermotti, who will run the bank following the CS takeover.
- The takeover of CS was also the major topic among shareholders.
- At the AGM, some shareholders voiced worry that UBS was taking on new risks by acquiring CS.
Credit Suisse takeover hits heart of Swiss banking, identity: GENEVA (AP) — The UBS takeover of embattled rival Credit Suisse has shaken Switzerland’s ...
apnews.com/article/banking-credit-suisse-ubs-switzerland-8078ecf2c389deed29ca96068fc53f97
Quick Glance: In a poll, Swiss economists question UBS's takeover of Credit Suisse.
- ZURICH, 31 March (Reuters) - According to a poll of Swiss economists, nearly half believe Credit Suisse (CSGN.
- UBS agreed to buy rival Credit Suisse for 3 billion Swiss francs ($3.3 billion) in a deal hatched by the Swiss government, central bank, and market regulator to avert a financial meltdown in the country.
- Credit Suisse should be restructured under "too big to fail" rules was favoured by 28% of respondents." rules, according to 28% of respondents."
- According to the GFS Bern survey, 40% of the public thought a temporary state takeover of Credit Suisse would have been a better solution.
Achieve targets under financial inclusion plans: Finance ministry to PSBs: "Banks were advised to leverage their banking correspondents network for outreach and ...
business-standard.com/industry/banking/finmin-exhorts-psbs-to-achieve-targets-under-financial-inclusion-schemes-123041301150_1.html
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This is not another banking crisis, analysts say — it's 'sentiment contagion' instead
cnbc.com/2023/03/28/this-is-not-another-banking-crisis-analysts-say-its-sentiment-contagion-instead.html
Explainer: What are credit default swaps and why are they causing trouble for Europe's banks?
reuters.com/markets/what-are-credit-default-swaps-why-are-they-causing-trouble-europes-banks-2023-03-28/
Few would have predicted that the demise of Silicon Valley Bank, a niche Californian lender, would be followed by the failure of Credit Suisse ... Show more
Does Bitcoin actually need banks?: Bitcoin fans see themselves confirmed by the recent banking problems. Why banks are not necessarily opposed to bitcoin.
diepresse.com/6268090/braucht-bitcoin-eigentlich-banken
Near 'cliff's edge,' Credit Suisse not seen as systemic risk: GENEVA (AP) — Longtime troubles at Credit Suisse came to a head this week with a record stock ...
apnews.com/article/credit-suisse-switzerland-bank-scandal-ad996d17bf433c502c66ad8d58018409
David McWilliams: We are heading into global financial crises. Will it be 2008 all over again?
irishtimes.com/opinion/2023/03/18/david-mcwilliams-we-are-back-in-the-land-of-the-bank-bailout/
Quick Glance: What is causing bank failures? SVB and Signature Bank failures explained
- Over the next 48 hours, there was a surge in customer withdrawals from the bank, which then attempted to raise emergency capital on the equity markets, which investors rejected.
- It, too, would crumble.
- "SVB's collapse was caused by a liquidity crisis when many of its larger depositors wanted to take money out at the same time." Haine explained.
- "The issue at the heart of this was caused by massive losses on SVB's bond investments in the face of rising US interest rates, and a fire sale of these as its clients – typically technology start-up entrepreneurs and venture capital investors – began pulling money out."
ECB’s Wunsch Says Odds of Credit Suisse Bankruptcy Low: L’Echo: European Central Bank Governing Council member Pierre Wunsch said the probability of Credit ...
bloomberg.com/news/articles/2023-03-18/ecb-s-wunsch-says-odds-of-credit-suisse-bankruptcy-low-l-echo
Ensuring financial inclusion, when NZ can't bank on the big banks : Softer rules for smaller institutions would be a bold call for MPs – and one they might ...
newsroom.co.nz/pro/page/ensuring-financial-inclusion-when-nz-cant-bank-on-the-big-banks
UBS: Profit halved in the first quarter of 2023: The main reason for the burglary are provisions for litigation. In the first quarter, the major bank was able to ...
diepresse.com/6279993/ubs-gewinn-halbierte-sich-im-ersten-quartal-2023
See the top Credit Suisse investment bankers being eyed by rivals: Insider spoke with Wall Street recruiters to find out which Credit Suisse bankers they want to ...
businessinsider.com/credit-suisse-investment-banking-exodus-top-talent-list-2023-4
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Silicon Valley Bank's bankruptcy faces challenges: SVB Financial Group has filed for a court-supervised reorganisation under Chapter 11 bankruptcy protection to ...
wionews.com/videos/silicon-valley-banks-bankruptcy-faces-challenges-573749
#MintInFocus | Facing backlash from shareholders, #CreditSuisse ’s chairman apologised for taking the 170 year old bank to the brink of #bankruptcy ... Show more #UBS #Switzerland
Quick Glance: Hundreds of Jews visit the Temple Mount following Palestinian disturbances in al-Aqsa.
- • Jordan warns of "catastrophic consequences" if police remove Palestinians from the mosque once more.
- ""We urge Jordan, through the Waqf guards, to promptly remove the extremists who aim to riot tomorrow during Muslim prayers on the Temple Mount and the Priestly Blessing at the Western Wall from the Al-Aqsa Mosque."
- Palestinians and police clashed last week in al-Aqsa after scores of Palestinians barricaded themselves inside the shrine on the eve of Passover.
- Police stormed al-Aqsa, firing stun grenades and attempting to clear the crowds.
Credit Suisse chair 'truly sorry' as anger grows: Credit Suisse's chair apologised this week for taking the bank to the brink of bankruptcy as he ...
timeslive.co.za/sunday-times/business/business/2023-04-09-credit-suisse-chair-truly-sorry-as-anger-grows/
Paid articlePaid Credit Suisse ‘Seriously Breached’ Rules in Greensill Case: Credit Suisse Group AG “seriously breached” its risk management obligations in the Greensill Capital ...
bloomberg.com/news/articles/2023-02-28/credit-suisse-seriously-breached-obligations-in-greensill-case
Italy urges 'stop' to migrant boats as shipwreck death toll hits 63: Rescuers recovered four more bodies on Monday, a day after a wooden sailboat carrying ...
reuters.com/world/europe/death-toll-italian-migrant-shipwreck-rises-61-official-2023-02-27/
The Best Soda Maker: We’ve tested 26 soda makers over the years, and the Drinkmate OmniFizz is the best at carbonating water, juice ...
nytimes.com/wirecutter/reviews/best-soda-maker/
EU says not taking sides as Big Tech 'fair share' debate dominates mobile meet: EU industry chief Thierry Breton on Monday said he was not taking sides in a ...
reuters.com/technology/big-tech-fair-share-debate-set-dominate-barcelona-mobile-meet-2023-02-26/
New questions about the "Suisse Secrets" affair: How Credit Suisse dictated communication to the federal prosecutor
tagesanzeiger.ch/wie-die-credit-suisse-dem-bundesanwalt-die-kommunikation-diktierte-235656994880
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Freedom of the press versus banking secrecy: more freedom for the media: Last year's media coverage of a major data leak at Credit Suisse has political ...
nzz.ch/wirtschaft/pressefreiheit-versus-bankgeheimnis-der-nationalrat-will-einen-staerkeren-schutz-fuer-journalisten-ld.1727964
Credit Suisse Dials Back Asia Risk Controls After Bankers Revolt: Credit Suisse Group AG, fighting to stem a wave of investor outflows, is dialing back some ...
bloomberg.com/news/articles/2023-02-08/credit-suisse-dials-back-asia-risk-controls-after-bankers-revolt
Interview with legal expert: "The CS President's statements were clumsy and potentially legally problematic"
tagesanzeiger.ch/die-aussagen-waren-ungeschickt-und-potenziell-rechtlich-problematisch-203059920272
"Suisse Secrets" data leak: Federal prosecutor investigates data theft at Credit Suisse
tagesanzeiger.ch/bundesanwaltschaft-ermittelt-wegen-datendiebstahl-bei-der-credit-suisse-153274552072
Credit Suisse’s $100 Billion Data Leak Faces Investigation: Swiss prosecutors are investigating a data leak involving thousands of former Credit Suisse Group AG ...
bloomberg.com/news/articles/2023-02-03/leak-of-100-billion-credit-suisse-accounts-faces-criminal-probe
Credit Suisse in Crisis: The Failure of Iqbal Khan and Finma: CS failed in the Greensill affair. Four managers have to face a procedure. But it's not just their ...
derbund.ch/das-versagen-des-iqbal-khan-und-der-finma-399779871484
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Saving Grace: 'I was scammed out of £100k by a fake Martin Lewis ad - and I got it back'
inews.co.uk/inews-lifestyle/money/saving-and-banking/saving-grace-martin-lewis-2177454
Prosecutors target ‘Suisse Secrets’ bank whistleblowers: Swiss prosecutors launch criminal investigation into the leak of Credit Suisse bank data to the media.
swissinfo.ch/eng/business/prosecutors-target--suisse-secrets--bank-whistleblowers/48253902
Credit Suisse Dictates How Swiss Federal Prosecutor Responds to Journalist: Organized Crime and Corruption Reporting Project
occrp.org/en/daily/17365-credit-suisse-dictates-how-swiss-federal-prosecutor-responds-to-journalist
Suisse Secrets Whistleblower Faces Prosecution for Economic Espionage: Organized Crime and Corruption Reporting Project
occrp.org/en/daily/17297-suisse-secrets-whistleblower-faces-prosecution-for-economic-espionage
Credit Suisse’s Private Bank Halts Margin Loans on Adani Bonds: Credit Suisse Group AG has stopped accepting bonds of Gautam Adani’s group of companies as ...
bloomberg.com/news/articles/2023-02-01/credit-suisse-s-private-bank-halts-margin-loans-on-adani-bonds
Adani Touts Deep Global Bank Ties from Citi to Credit Suisse: Adani Group touted its deep local and international bank relationships in its 413-page rebuttal of ...
bloomberg.com/news/articles/2023-01-30/adani-touts-deep-global-bank-ties-from-citi-to-credit-suisse
Kosovo’s Former Ambassador to U.S. Failed to Report Millions in Credit Suisse Account - OCCRP
occrp.org/en/suisse-secrets/kosovos-former-ambassador-to-us-failed-to-report-millions-in-credit-suisse-account
Credit Suisse versus Swiss financial blogger Lukas Hässig: Credit Suisse sees "Inside Paradeplatz" as a violation of its managers' personal rights ...
sueddeutsche.de/medien/inside-paradeplatz-schweiz-lukas-haessig-credit-suisse-klage-1.5719537
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