UBS to Keep Credit Suisse’s Swiss Business, Retire Its Brand

[ad_1] UBS Group AG will keep Credit Suisse’s domestic bank and fully integrate it, overriding local criticism that a merged entity will hold excessive sway over the country’s financial system.…

Citadel Is Only Global Bidder for Credit Suisse’s China Unit

[ad_1] Citadel Securities LLC has made a non-binding offer for Credit Suisse’s securities venture in China, becoming the only global financial firm to submit a bid, people familiar with the…

How Credit Suisse’s demise strengthens Switzerland’s place in global finance

[ad_1] As Switzerland digested the news of Credit Suisse’s takeover by rival UBS, the headlines were unequivocally bleak. The deal is a “historic scandal,” wrote the daily Tages-Anzeiger. It marks…

Nomura hires Credit Suisse’s Brochard to lead quantitative structuring

[ad_1] Nomura has hired a Credit Suisse veteran to run its quantitative investment strategies unit, the latest senior hire from the Swiss bank after an exodus of key talent since…

Behind Credit Suisse’s Fall: A Chairman’s Lasting Mark on the Culture

[ad_1] Nov. 24, 2023 11:00 pm ET When Credit Suisse’s board met to approve the bank’s forced sale to UBS in March, paintings of every bank chairman since 1856 lined…

Explainer: What are AT1 bonds and why are Credit Suisse’s wiped out?

[ad_1] LONDON, March 24 (Reuters) – Financial markets have been thrown a fresh curve ball by the decision to write down 16 billion Swiss francs ($17.5 billion) of Credit Suisse…

UBS Storms AT1 Market With First Sale Since Credit Suisse’s Fall

[ad_1] UBS Group AG’s hotly-anticipated sale of additional tier 1 bonds, its first since Credit Suisse roiled the market with a historic writedown, pulled in roughly 10 times the bids…

Credit Suisse’s Private Banking Switzerland to be part of Swiss business

[ad_1] The logo of Swiss bank Credit Suisse is seen at a branch office in Zurich, Switzerland April 14, 2021. REUTERS/Arnd Wiegmann Acquire Licensing Rights ZURICH, Feb 28 (Reuters) –…

Credit Suisse’s scandals – spies, lies and money laundering

[ad_1] Oct 3 (Reuters) – Credit Suisse (CSGN.S) is in the throes of one of the biggest challenges in its history, hurt by a slump in stock price and the…

Credit Suisse’s fate casts a shadow over the European banking sector

[ad_1] Receive free Credit Suisse Group AG updates We’ll send you a myFT Daily Digest email rounding up the latest Credit Suisse Group AG news every morning. The writer is…