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Credit Suisse Group AG (NYSE:CS), the failed Swiss bank, has been told by a Singapore court that it is liable to pay US$926mln in damages to the former Georgian prime minister, Bidzina Ivanishvili. Th
Credit Suisse was ordered to pay $926 million to Georgia's former prime minister Friday for losing part of his fortune, in a Singapore court ruling that represents one of the biggest legal awards made
The court said the bank had failed to safeguard the assets of Bidzina Ivanishvili, Georgia's richest man and its former prime minister.
Suresh Tantia of the investment bank says China is "the market to be within the equity space right now."
Credit Suisse should soon repay the emergency liquidity that the Swiss government gave the stricken bank to aid its rescue, Finance Minister Karin Keller-Sutter said in an interview published on Frida
UBS on Thursday won unconditional EU antitrust approval to acquire Credit Suisse as part of a government-orchestrated rescue of its Swiss rival.
The Swiss government on Thursday moved to speed up work on extending a public liquidity backstop Credit Suisse received access to in March under emergency rules to other systemically important banks a
UBS Group AG has been in active discussions with the Swiss government and its representatives to agree to detailed terms and negotiate a definitive loss protection agreement related to its deal to buy
Vietnamese property giant No Va Land Investment Group Corp is in talks with creditors to restructure part of its $1 billion foreign debt, according to two people familiar with the matter, amid turmoil
A bankruptcy credit event has not occurred in relation to Credit Suisse, a derivatives committee ruled on Monday, quashing efforts by investors to trigger a payout on credit insurance linked to the Sw
Credit Suisse Group AG (NYSE:CS) staff look set to become the latest group to sue Swiss regulator the Financial Market Supervisory Authority (Finma) over the bank's hasty takeover by UBS Group AG (NYS
The bonuses were lost after Switzerland's financial regulator rendered billions of the bank's debt worthless after it was rescued by rival UBS.
Credit Suisse AG staff are making preparations to sue the Swiss financial regulator over $400 million of bonuses that were cancelled following the bank's rescue by UBS, the Financial Times reported on
Credit Suisse came close to falling below minimum levels of cash held at the Swiss central bank days before its forced takeover by UBS , a regulatory document shows.
An investor has raised a fresh question with the EMEA Credit Derivatives Determination Committee on whether a credit event occurred with regards to Credit Suisse, renewing a push to trigger payout on
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