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At Close: Sep 08, 2023
Regional Banks vs. Tech: What Lies Ahead?
04:00pm, Wednesday, 05'th Apr 2023
With tech stocks extended and regional banks breaking down, now may be an ideal time to be patient and "wait for your pitch". Andrew Rocco explains.
Switzerland cuts bonus payouts for top Credit Suisse management
02:52pm, Wednesday, 05'th Apr 2023
Switzerland has instructed Credit Suisse to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether those already paid can be recovered, the Federal
Switzerland cancels or reduces bonus payouts for top Credit Suisse management
12:12pm, Wednesday, 05'th Apr 2023
Switzerland has instructed Credit Suisse to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether already those already paid out can be recovered,
Credit Suisse wins $41 mln London lawsuit against Saudi Prince
09:37am, Wednesday, 05'th Apr 2023
Swiss lender Credit Suisse has won a $41 million lawsuit against a member of the Saudi royal family over a loan to refinance a super yacht, with London's High Court ruling there was no viable defence
UBS Chair highlights risk and reward of Credit Suisse deal
07:57am, Wednesday, 05'th Apr 2023
UBS's takeover of Credit Suisse was a “milestone” in global finance but entails a “huge amount of risk,” according to the bank's chair Colm Kelleher. “It was a historic day and a day we hope
Switzerland faced a full-scale bank run if Credit Suisse went bankrupt, Swiss regulator argues
04:57am, Wednesday, 05'th Apr 2023
FINMA and the Swiss central bank brokered UBS' takeover for embattled Zurich rival Credit Suisse for 3 billion Swiss francs ($3.3 billion), in a deal announced on March 19.
UBS Chairman addresses shareholders on milestone Credit Suisse takeover
04:20am, Wednesday, 05'th Apr 2023
UBS's Chairman told the bank's annual shareholder meeting on Wednesday that the takeover of rival Credit Suisse was a significant milestone for Switzerland and for the global financial industry.
Swiss regulator calls for more power after Credit Suisse debacle
03:16am, Wednesday, 05'th Apr 2023
Switzerland's financial regulator FINMA called for more power to penalise and name and shame banks that break the rules, following the collapse of the country's second-biggest bank, Credit Suisse.
UBS holds first shareholder meeting since controversial Credit Suisse takeover
02:12am, Wednesday, 05'th Apr 2023
UBS will hold its annual general meeting on Wednesday morning against a fraught political backdrop following its takeover of fallen rival Credit Suisse, announced last month.
UBS faces investors after shotgun Credit Suisse merger
12:37am, Wednesday, 05'th Apr 2023
UBS will seek to reassure shareholders on Wednesday that its unexpected takeover of rival Credit Suisse in the biggest bank rescue since the great financial crash can work.
Air Bags Deployed to Cushion Bank Crashes
05:29pm, Tuesday, 04'th Apr 2023
In recent years, COVID and a ZIRP (Zero Interest Rate Policy) caused out-of-control inflation to swerve the economy in the wrong direction. However, the Federal Reserve and its Chairman, Jerome Powell
Exclusive: Bank of England approves UBS's Credit Suisse takeover in UK -sources
03:03pm, Tuesday, 04'th Apr 2023
The Bank of England has approved UBS Group AG's takeover of Credit Suisse Group AG in the United Kingdom, people familiar with the process told Reuters, a key market for the Swiss lenders racing to cl
UBS gets temporary EU green light for Credit Suisse deal, pending review
02:00pm, Tuesday, 04'th Apr 2023
UBS has secured a temporary green light from EU antitrust regulators to complete its acquisition of Credit Suisse but will still have to request clearance under EU merger rules, the European Commissio
Credit Suisse Chairman apologizes to shareholders at final meeting
10:18am, Tuesday, 04'th Apr 2023
Suisse Yahoo Finance Live anchors Brad Smith and Jared Blikre discuss reports that Credit Suisse Chairman Axel Lehmann has apologized to shareholders for the bank's failure at the final annual meeting
Credit Suisse shareholders re-elect chairman
09:14am, Tuesday, 04'th Apr 2023
Credit Suisse shareholders voted to re-elect Chairman Axel Lehmann at the company's annual general meeting in Zurich on Tuesday.
