Wells Fargo ( WFC) confirmed on Monday that the bank hired Danny McCarthy to lead the credit franchise of its capital markets ...
A Wall Street institution has been ordered to pay more than seven million dollars after US regulators found longstanding ...
Bill Bors, a 30-year company veteran in sales trading, and Jason Vickery, head of program trading, resigned from the bank, sources told Insider.
Credit Suisse is also telling staff that their roles are "not immediately impacted" after UBS sealed a deal to acquire the 167-year-old lender.
How did Credit Suisse go from transforming Switzerland’s economy to being swallowed by UBS? This video unpacks its scandalous history, risky ventures, and the collapse of a financial giant.
ZURICH (Reuters) - A Swiss parliamentary report into how authorities managed the 2023 collapse of Credit Suisse will be published on Friday, the Swiss parliament said on Wednesday. The report by the ...
On a Sunday in March 2008, the US government and bankers raced to finalize a rescue of Bear Stearns, pushed to the brink of collapse by what amounted to a run on the bank. A fire sale to JPMorgan ...
(Reuters) -A Credit Suisse unit on Monday pleaded guilty to U.S. charges of helping ultra-wealthy Americans evade taxes and will pay a fine of more than $510 million, the U.S. Department of Justice ...
Why is pro-business Switzerland considering screening investments by foreigners? Read more: Why is pro-business Switzerland considering screening investments by foreigners? World fights nicotine ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Credit Suisse staff are preparing to sue the Swiss financial regulator over $400mn of bonuses that were ...
Analyzing the Credit Suisse crisis and its potential economic consequences. What does this mean for interest rates, banking ...
Switzerland’s two global banks suffered very different fates as a result of the 2008-09 financial crisis. While UBS was forced to go cap in hand to the Swiss government for a bailout, its rival Credit ...