Competition Heats Up In Swiss Banking As Foreign Lenders Make Their Move
In the wake of UBS's landmark takeover of Credit Suisse, a seismic shift is occurring in Switzerland's banking sector. Global ...
Swiss Financial Giant UBS Completes Credit Suisse Merger
The merger means UBS now assumes all rights and obligations of Credit Suisse, including its outstanding debt instruments. UBS CEO ...
A Year On Out, Credit Suisse’s Fallout And Regulatory Challenges
A year has passed since Credit Suisse's dramatic rescue, yet the banking industry remains on shaky ground. The events of ...
Banking Reforms: Swiss FINMA Seeks Enhanced Powers Over Executive Pay In Banks
In a significant move to bolster its regulatory framework, Switzerland's financial watchdog, FINMA, is pushing for the authority to claw ...
Swiss Watchdog FINMA Advocates For Stronger Powers After Credit Suisse’s Near-Imploding Crisis
In a detailed report released on Tuesday, the Swiss financial regulator, FINMA, shed light on the near collapse of Credit ...
Why The Credit Suisse Debacle Won’t Prompt Global Banking Rule Revisions
According to a story by Reuters, the global banking watchdog, the Financial Stability Board (FSB), has recently dismissed the need ...
Banking Shakeup; Credit Suisse To Slash 80% Of Hong Kong Investment Bank Jobs
The integration of UBS Group with Credit Suisse has drawn attention, mainly due to Credit Suisse's challenges with failed deals ...
An Acute Case Of Bank Run; How Depositors Wiped Out US$75B From Credit Suisse
The bank run was fueled by several factors, including scandals and compliance failures, social media speculation, and the failure of ...
BlackRock Contracted To Dispose Of Credit Suisse Asset-Backed Bonds
UBS acquired the Swiss lender last month after ‘weakness’ in the latter’s financial reporting and internal controls. The government-brokered deal ...
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