Here are some of the major developments from the world of crypto over the past few days
The two Zurich-based banks, longtime rivals, are uniting in a 3 billion-franc ($3.3 billion) deal that was arranged hastily in March by the Swiss government and regulators after Credit Suisse's stock plunged and jittery...
Troubled Credit Suisse made headlines soon after the Silicon Valley Bank (SVB) crisis surfaced and caused havoc in the banking industry
UBS plans to eventually reduce the total combined workforce by around 30 per cent or 35,000 people, with the headcount at Credit Suisse currently at around 45,000
Since the Global Financial Crisis (GFC) in 2008, more than 500 small banks have failed in the US alone – in not a single case has a depositor been asked to take a haircut
SpiceJet, recently, also brushed aside insolvency rumours after Go First insolvency crisis erupted
UBS has compiled a list of nearly two dozen "red lines" that prohibit Credit Suisse employees from engaging in a range of activities, including serving clients in countries including Libya, Russia, Sudan and Venezuela, and...
Focussed on long-term and multi-year societal trends, Credit Suisse’s 2023 Supertrends have added a new sub-theme
The Swiss attorney general's office has opened a probe into events surrounding Credit Suisse ahead of the UBS takeover, and the executive branch ordered tens...
The net inflows at UBS came in marked contrast to the 61 billion Swiss francs (nearly $69 billion) in outflows that Credit Suisse reported Monday for the first...
The takeover by UBS is expected to close in the coming months, and was designed in part to help stabilise the global financial system that had been roiled by...
Following the 2008 financial crisis, European financial regulators use a special type of bond that is designed to provide a capital cushion to banks in times...
Swiss authorities stepped in as shares of Credit Suisse and other banks plunged last month after the failure of two U.S. banks sparked concerns about other...
The move comes after Swiss authorities scrambled in mid-March to cobble together a 3 billion Swiss franc (USD 3.25 billion) sale to UBS of Credit Suisse
Swiss government officials, including the financial regulator, hastily orchestrated a $3.25 billion takeover of Credit Suisse by UBS on March 19 after Credit...
Credit Suisse shareholders collectively will get 3 billion francs in the combined company, while investors holding about 16 billion francs ($17.3 billion) in...
It stressed that it cannot anticipate the result of the “clarifications” it has set in motion and didn't identify any specific possible offence
Swiss authorities urged UBS to take over its smaller rival after the central bank's plan for Credit Suisse to borrow up to 50 billion francs ($54 billion)...
Shares of Credit Suisse sank over 30 per cent after al-Khudairy announced March 15 that its biggest shareholder — the Saudi National Bank — would not...
The bank has announced that it will exchange the senior unsecured bail-in notes which are due in March 2028 and March 2032 at the re-offer price
The Swiss Department of Finance says federal law allows the government to set “remuneration-related measures” in cases involving Switzerland's biggest banks
Yellen, in an excerpt of remarks prepared for delivery to the American Bankers Association on Tuesday, says that overall “the situation is stabilizing."
In recent years, Credit Suisse has faced several issues that have impacted its reputation and financial performance. Some of these issues include its money...
An important lesson, supposedly learned in the aftermath of 2008 crisis, was that governments stepping in to help too-big-to-fail private banks is not a...
In India, the high-risk AT1 bonds have been in the news ever since Yes Bank decided to write-off around bonds worth Rs 8,400 crore as part of its restructuring...
