Credit Suisse
Swiss multinational bank
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Credit Suisse Group AG is a global investment bank and financial services firm founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world and provides services in investment banking, private banking, asset management, and shared services. It is known for strict bank–client confidentiality and banking secrecy. The Financial Stability Board considers it to be a global systemically important bank. Credit Suisse is also a primary dealer and Forex counterparty of the Federal Reserve in the United States.
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'Will clear Kalanithi Maran's dues': SpiceJet after High Court warningSpiceJet has agreed to settle its dues to businessman Kalanithi Maran and Credit Suisse after the Delhi HC threatened "drastic action" if the payment was not made by Tuesday. The HC had previously..IndiaTimes - Published | |
UBS to cut 3,000 jobs in Switzerland despite huge profits from takeover of rivalSwiss banking giant UBS has reported a record pre-tax profit of $29bn (£22.8bn) in the latest quarter following its takeover of Credit Suisse.Sky News - Published | |
£55bn withdrawn from Credit Suisse before its rescue Credit Suisse says some 61bn Swiss francs (£55bn) left the bank in the first financial quarter this year.Sky News - Published | |
Deutsche Bank heads new rout for banking stocks on financial markets Germany's largest bank has become the focus in a new wave of selling across banking and wider financial stocks, less than a week after the forced takeover of Credit Suisse.Sky News - Published | |
Credit Suisse bondholders may take legal action over £14bn wipe out in UBS takeover A Swiss regulator's decision to prioritise shareholder value over certain bondholders in the forced takeover of Credit Suisse could result in legal action, a law firm has warned.Sky News - Published | |
'2008 for Credit Suisse': Insiders describe 'mismanagement' and 'arrogance' that led to bank's demise An employee at Credit Suisse's London office has said many staff are job hunting amid the "disaster" faced by workers due to the bank's shock takeover by rival UBS.Sky News - Published | |
Credit Suisse fails to rule out redundancies but tells staff their bonuses are safe Embattled Credit Suisse has told its staff there is "no immediate change" to their jobs and it plans to complete bonus payments ahead of the bank's forced takeover by its larger domestic rival UBS.Sky News - Published | |
UBS to take over Credit Suisse, Swiss central bank confirmsUBS will take over Credit Suisse, Swiss authorities have confirmed.Sky News - Published | |
Swiss government to hold news conference on Credit Suisse after UBS takeover offer The Swiss government will hold a news conference later after UBS made a takeover offer for embattled Credit Suisse, local media reports.Sky News - Published | |
UK regulators back merger of banking giants Credit Suisse and UBS British banking watchdogs have given their blessing to a takeover of Credit Suisse by its Swiss peer UBS, as financial regulators around the world race to contain the industry's biggest crisis since..Sky News - Published | |
Chancellor 'welcomes' Credit Suisse £44.5bn lifeline as shares bounce backChancellor Jeremy Hunt has "welcomed" the Swiss central bank's decision to give Credit Suisse a lifeline of 50bn Swiss francs (£44.5bn).Sky News - Published | |
Credit Suisse secures £44.5bn lifeline amid fears of global financial crisis Credit Suisse has said it will borrow up to 50bn Swiss francs (£44.5bn) from the Swiss central bank to shore up its liquidity.Sky News - Published | |
Health of European banks in focus as stocks plunge again over Credit Suisse and rate rise worries Banking stocks are enduring fresh, steep losses on Wednesday as concern over the health of US banks crosses the Atlantic.Sky News - Published | Stocks plunge again over Credit Suisse and rate rise worries putting focus back on health of European banks Banking stocks are enduring fresh, steep losses on Wednesday as concern over the health of US banks crosses the Atlantic.Sky News - Published |
