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The Kyiv Independent
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 Jan 20
Talking business in Ukraine: Conversation with Monobank, country’s largest online bank
kyivindependent.com/monobank-interview/
Talking business in Ukraine: Conversation with Monobank, country’s largest ...
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SWI swissinfo.ch
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 Aug 31 23
UBS to cut 3,000 staff in Switzerland as it integrates rival: It’s the first time Chief Executive Officer, Sergio Ermotti, has put a concrete figure on how many ...
swissinfo.ch/eng/business/ubs-to-cut-3-000-staff-in-switzerland-as-it-integrates-rival/48775198
UBS to cut 3,000 staff in Switzerland as it integrates rival
Quick Glance: UBS reduces Credit Suisse Global Markets business - client letter
  • Logos of Swiss banks UBS and Credit Suisse are visible in Zurich.

  • Credit Suisse will decrease the volume of new markets business starting from September 22 while UBS integrates its former rival.

  • Existing positions will continue to be serviced and flows to Global Wealth Management and the Swiss bank remain unchanged.

  • UBS will focus on consolidating new client activity through UBS legal entities.
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Bloomberg
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 Mar 17 23
Credit Suisse Crisis Shines Spotlight on Bank’s ‘Crown Jewel’: When hard times fall on a once-proud house of finance, it’s time to start looking at the family ...
bloomberg.com/news/articles/2023-03-17/credit-suisse-crisis-shines-spotlight-on-bank-s-crown-jewel
Credit Suisse Crisis Shines Spotlight on Bank’s ‘Crown Jewel’
Quick Glance: Sources say that some Credit Suisse counterparties have restricted new transactions involving the lender.
  • According to five sources with direct knowledge of the situation, at least four major banks, including Societe Generale SA and Deutsche Bank AG, are restricting new trades involving Credit Suisse Group AG CS-N or its securities, as the Swiss bank struggles to restore trust.

  • Credit Suisse did not respond to requests for comment.

  • Deutsche Bank did not respond to a request for comment.

  • Credit Suisse describes itself as a strong, global bank.
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