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At Close: Sep 08, 2023
Credit Suisse maintained accounts of Nazis as recently as 2020, senators say
07:08am, Wednesday, 19'th Apr 2023
U.S. lawmakers have accused controversy-ridden Swiss lender Credit Suisse of holding up an investigation into its history with Nazi-linked accounts and that the bank held onto Nazi-affiliated accounts
Credit Suisse Failed to Probe Nazi Past, Senate Committee Says
01:00pm, Tuesday, 18'th Apr 2023
An investigation unearthed details of relationships with some high-ranking Nazis that the bank hadn't disclosed before.
UBS makes changes to buyback programme following Credit Suisse takeover
01:16am, Tuesday, 18'th Apr 2023
UBS on Tuesday said it was making changes to its $6 billion share buyback programme following its takeover of Credit Suisse.
Swiss government awards $9.7 mln contract related to Credit Suisse - UBS merger
10:42am, Monday, 17'th Apr 2023
The Swiss government has awarded an advisory mandate worth up to 8.7 million Swiss francs ($9.70 million) to Alvarez & Marsal Switzerland, linked to the rescue of Credit Suisse , according to state pr
Credit Suisse fund outflows widen to $5.6 billion following UBS tie-up
03:58am, Monday, 17'th Apr 2023
Outflows from Credit Suisse branded investment funds have accelerated in the weeks since its historic merger with Swiss rival UBS, as investors continue to redeem billions of dollars.
Fed approves UBS's acquisition of U.S. subsidiaries of Credit Suisse
04:20pm, Friday, 14'th Apr 2023
The Federal Reserve on Friday announced its approval for UBS Group AG to acquire the U.S. subsidiaries of Credit Suisse Group. As part of the agreement, UBS has committed to provide the Fed with “an
Analysis: Emergency Credit Suisse rescue shakes faith in Switzerland
08:36am, Friday, 14'th Apr 2023
Switzerland's tradition of dependable consensus politics has taken a battering after the government used an emergency law to push through a state-backed mega-merger of UBS and Credit Suisse , sidelini
Japanese bank's clients lost over $700 million in Credit Suisse CoCo bond fiasco: report
08:30am, Friday, 14'th Apr 2023
Clients at Mitsubishi UFJ Financial Group Inc (MUFG) lost more than $700 million on Credit Suisse Group AG's contingent convertible bond wipeout, according to people familiar with the matter, first re
Banks Seen Skipping Additional Tier 1 Calls in Wake of Credit Suisse Shock
07:01pm, Thursday, 13'th Apr 2023
Bloomberg Intelligence sees banks avoiding the Additional Tier 1 debt market in the wake of the Credit Suisse Group AG shock. Meanwhile, JPMorgan Chase & Co. and Wells Fargo & Co. are among the co
BlackRock sells asset-backed bonds from Credit Suisse's books- Bloomberg News
06:10pm, Thursday, 13'th Apr 2023
Credit Suisse Group AG has hired BlackRock Inc to help sell a portfolio of structured bonds for the Swiss bank, Bloomberg News reported on Thursday.
Best Penny Stocks To Buy Now? 4 Under $1 To Watch This Week
02:09pm, Thursday, 13'th Apr 2023
Penny stocks under $1 to watch this week. The post Best Penny Stocks To Buy Now?
UBS taps JPMorgan to explore possible IPO of Credit Suisse's domestic business: report
07:42am, Thursday, 13'th Apr 2023
UBS UBS CH:UBSG has reportedly tapped JPMorgan Chase & Co. JPM to look into a possible stock listing for the domestic business of Credit Suisse CS CH:CSGN, the Swiss rival it struck a government-backe
The 3 Most Pressing Questions for Banks Heading Into Earnings Season
06:10am, Wednesday, 12'th Apr 2023
After three U.S. banks collapsed due to large deposit runs, investors and analysts are anxious to get a look at bank balance sheets. The big questions are, how will deposits have fared in Q1, and how
Swiss parliament meets for a second day over Credit Suisse rescue
05:11am, Wednesday, 12'th Apr 2023
Swiss lawmakers resumed their debate over the rescue of Credit Suisse on Wednesday, after parliament's two chambers failed to reach an agreement a day earlier.
UBS considers retaining Credit Suisse's India unit - Bloomberg News
01:08am, Wednesday, 12'th Apr 2023
UBS Group AG is considering retaining Credit Suisse Group AG's private banking unit in India after the emergency rescue of its smaller rival last month, Bloomberg News reported on Wednesday citing peo
