Will C's plan to cut about 1,000 jobs this week help to drive efficiency as its restructuring targets up to $2.5B in savings ...

Is Credit Suisse signaling trouble for big banks? A November 2023 market update covering economic conditions, rising interest rates, and navigating the global economy. Opinion: Who needs Congress?

From an astronaut who took a desk job, to a hiking guide who once worked at Goldman Sachs, we asked seven people how they ...

A compliance officer is facing charges for laundering $7 million in a complex legal case in Switzerland. Swiss prosecutors have charged Credit Suisse, and one of its former employees, with failing to ...

Switzerland’s attorney general filed criminal charges against UBS UBS1.71%increase; green up pointing triangle and a former Credit Suisse compliance officer, saying they failed to take steps to ...

The Swiss federal prosecutor's office said it charged Credit Suisse and its current owner UBS Group in a case related to Mozambique's so-called tuna bonds scandal, citing what it called shortcomings ...

To understand the significance of this decision, one must first recall the architecture of AT1 bonds. These hybrid securities, introduced in the wake of the 2008 financial crisis as part of Basel III ...

When Credit Suisse faced liquidity issues in March 2023, the Swiss government invoked its emergency powers in order to rescue it. As part of the rescue, which included the acquisition of Credit Suisse ...

A Credit Suisse unit in Bermuda lost its UK court fight to topple a $600 million damages award to sanctioned Georgian tycoon Bidzina Ivanishvili. The Privy Council — the top tribunal for cases brought ...

LONDON, Nov 24 (Reuters) - A Credit Suisse subsidiary on Monday lost its appeal against a lawsuit won by former Georgia prime minister Bidzina Ivanishvili over fraud committed by a former adviser, ...

The rally in Credit Suisse’s written down Additional Tier 1 bonds as a result of a shock court judgment has tempted some to call a turn. This is not investment advice, but that view is likely ...

A high-stakes legal battle is unfolding in a New York federal court that pits the age-old tradition of Swiss banking secrecy against the bedrock principles of American judicial transparency, with ...