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At Close: Sep 08, 2023
Credit Suisse Saw $69 Billion of Outflows in 1Q
03:01am, Monday, 24'th Apr 2023
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
Credit Suisse Details Painful Final Days Before Rescue
02:00am, Monday, 24'th Apr 2023
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 suffered outflows of 61.2 billion Swiss francs in first quarter
01:37am, Monday, 24'th Apr 2023
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 Chief Risk Officer Christian Bluhm to remain in role due to Credit Suisse deal
01:18am, Monday, 24'th Apr 2023
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
Credit Suisse logged asset outflows of more than $68 billion during first-quarter collapse
01:08am, Monday, 24'th Apr 2023
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 saw $68 billion in first-quarter outflows as it crumbled
12:50am, Monday, 24'th Apr 2023
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 back in the spotlight as courts hear of turmoil
10:55am, Friday, 21'st Apr 2023
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
Factbox: Lawsuits lodged over state-backed Credit Suisse takeover
06:59am, Friday, 21'st Apr 2023
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.
Credit Suisse bondholders file lawsuit against Swiss authorities
05:39am, Friday, 21'st Apr 2023
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 record fund outflows during March turmoil, data shows
05:36am, Friday, 21'st Apr 2023
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 bondholders sue Swiss regulator over $17 bln bond wipeout -FT
12:46am, Friday, 21'st Apr 2023
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
BDCZ: This BDC ETN Is Not Worth The Risks
03:05pm, Wednesday, 19'th Apr 2023
BDCZ: This BDC ETN Is Not Worth The Risks
Credit Suisse bankers jostle for slim pickings at UBS – sources
02:22pm, Wednesday, 19'th Apr 2023
Credit Suisse Group AG's dealmakers, hoping to secure jobs after UBS Group AG's rescue takeover, are struggling to dispel fears about a culture clash and many will be disappointed, sources familiar wi
Credit Suisse lodges $440 mln London claim against SoftBank
01:30pm, Wednesday, 19'th Apr 2023
Credit Suisse has lodged a $440 million claim against Japan's SoftBank Group Corp in London as it presses ahead with formal proceedings in a dispute borne from the failure of Greensill Capital, a fina
Banks Had One of Their Most Challenging Quarters Ever. That Didn't Stop JPMorgan Chase From Generating Record Results.
09:47am, Wednesday, 19'th Apr 2023
The bank saw better deposit trends than initially feared. Trading revenue also surged.
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