Credit Suisse Group Stock News

The Swiss lender reported first-quarter earnings showing clients were flying out the door.

Credit Suisse and Michael Klein have ended an agreement for the Swiss bank to acquire boutique investment banking arm The Klein Group, LLC due to its takeover by UBS, according to a brief announcement

Credit Suisse suffered outflows of 61.2 billion Swiss francs ($68.7 billion) in the first three months of the year and customers are still pulling their money from the bank as UBS races to complete a

“Japan FSA is following up on how brokerages sold AT1 bonds,” says Tomoko Amaya, vice minister for international affairs at Japan Financial Services Agency. The firm is investigating the loss of a

Credit Suisse Group AG reported $69 billion of outflows in the first quarter and took a large writedown at its wealth management unit, underscoring the challenge for UBS Group AG in retaining key clie

The Swiss bank gave a glimpse of its chaotic final weeks before a rescue by UBS in a first-quarter earnings report that showed revenue diving and customers rushing to pull deposits.

Credit Suisse Group AG swung to a net profit on Monday, overturning five consecutive straight quarterly losses, reflecting the write-down of billions in AT1 capital notes relating to its takeover by U

UBS Group AG UBS CH:UBSG said Monday that Chief Risk Officer Christian Bluhm will remain in his role for the foreseeable future, rather than step down next month as originally planned, due to the plan

The stricken Swiss lender posted a one-off 12.43 billion Swiss franc profit for the first quarter of 2023, due to the controversial write-off of 15 billion Swiss francs of AT1 bonds by the Swiss regul

Credit Suisse said on Monday 61 billion Swiss francs ($68 billion) left the bank in the first quarter, shedding light on the scale of the bank run that caused the 167-year-old institution to crumble a

Credit Suisse has found itself front and centre in the courts just one month after its collapse and subsequent forced rescue by rival UBS, which involved the write of US$18bn worth of debt. Lawyers ar

Several lawsuits have been filed over the terms of last month's emergency deal to save Swiss lender Credit Suisse by selling it to its bigger rival UBS.

Investors representing more than 4.5 billion Swiss francs ($5 billion) of Credit Suisse bonds have sued the Swiss financial regulator over its decision to wipe out their investments during last month'

Credit Suisse saw investors pull a record 4.6 billion euros ($5.04 billion)out of its funds at the height of the bank's troubles last month, data published on Friday showed.

Credit Suisse Group AG bondholders, representing $4.5 billion of the $17 billion of wiped-out Additional Tier 1 bonds of the company, have filed a lawsuit against Switzerland's banking regulator, the