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At Close: Sep 08, 2023
EU regulators distance themselves from Credit Suisse bond writedowns
02:26am, Thursday, 30'th Mar 2023
The Single Resolution Board's Dominique Laboureix had a clear message for investors: we respect the hierarchy.
About to Put a Bow on Q1: Another Up-Day
07:51pm, Wednesday, 29'th Mar 2023
The banking contagion episode looks to be behind up now, as investors were exhaling into new equity positions.
Deutsche Bank five years ago is the Credit Suisse of its time: WSJ's Alex Frangos
02:37pm, Wednesday, 29'th Mar 2023
Alex Frangos, Europe finance editor at The Wall Street Journal, joins 'The Exchange' to discuss UBS taking over Credit Suisse, the Senate inquiry into tax fraud concerns associated with Credit Suisse,
Credit Suisse withdraws certain proposals to AGM following UBS merger
02:28pm, Wednesday, 29'th Mar 2023
Credit Suisse Group AG said on Wednesday it has withdrawn certain proposals to the 2023 annual general meeting following the lender's recent merger with UBS Group AG.
Animal Spirits Are Returning
02:15pm, Wednesday, 29'th Mar 2023
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UBS renames Sergio Ermotti as CEO to lead Credit Suisse merger
01:57pm, Wednesday, 29'th Mar 2023
UBS Group AG (NYSE: UBS) is in focus this morning after renaming Sergio Ermotti as its Chief Executive to oversee the pending acquisition of Credit Suisse (NYSE: CS).
Credit Suisse helped rich clients evade taxes, hide $700M: Senate panel
11:34am, Wednesday, 29'th Mar 2023
According to the committee, Credit Suisse bankers helped the family of US-Latin American citizens - referred to as "The Family" - hide nearly $100 million.
Senate probe alleges Credit Suisse aided Americans in tax evasion scheme
10:59am, Wednesday, 29'th Mar 2023
CNBC's Eamon Javers joins 'Squawk on the Street' to discuss allegations of a tax fraud scheme with Credit Suisse and wealthy American families, the Senate probe into the Credit Suisse scheme, and more
The banker Switzerland trusts to stem Credit Suisse crisis
10:48am, Wednesday, 29'th Mar 2023
Straight from a class room to trading securities while just a teenager, Sergio Ermotti has had a career which tracked the Wall Street boom that started in the 1980s, and culminated with him fixing Swi
UBS brings back ex-CEO Sergio Ermotti after Credit Suisse deal
09:16am, Wednesday, 29'th Mar 2023
Ermotti will replace outgoing CEO Ralph Hamers, who will remain with the bank in an advisory role to help with the transition period.
Credit Suisse is still helping ultra-wealthy Americans evade taxes, Senate panel says
07:47am, Wednesday, 29'th Mar 2023
Credit Suisse is complicit in ongoing tax evasion by ultra-wealthy Americans, including a potentially criminal conspiracy involving the failure to disclose nearly $100 million in secret offshore accou
Credit Suisse abetted possible criminal tax evasion, Senate committee alleges
07:33am, Wednesday, 29'th Mar 2023
A new Senate Finance Committee report from the Democratic staff alleges that Credit Suisse CS violated key terms of a plea agreement with the Justice Department. The report alleges Credit Suisse trans
Credit Suisse still helping wealthy dodge U.S. taxes, U.S. Senate Committee finds
07:16am, Wednesday, 29'th Mar 2023
Credit Suisse is still helping ultra-wealthy Americans evade taxes, the U.S. Senate Finance Committee said on Wednesday following an investigation into the Swiss bank.
Ermotti returns to UBS to manage Credit Suisse takeover
07:08am, Wednesday, 29'th Mar 2023
UBS is bringing back former CEO Sergio Ermotti to lead the Swiss banking giant's controversial acquisition of troubled rival Credit Suisse. Ermotti spent nine years restoring UBS's reputation after it
UBS brings back Ermotti to lead Credit Suisse integration
06:52am, Wednesday, 29'th Mar 2023
UBS on Wednesday decided it would let a Swiss national guide the integration of its two banking heavyweights.
