Credit Suisse buys Ecuador bonds for Galapagos conservation
Ecuador has committed to spending millions of dollars annually for 20 years to protect one of the world’s most precious…
Credit Suisse: More than €62 billion withdrawn in Q1
Credit Suisse has published its financial details for the first quarter of the year, when it rapidly collapsed. It shows…
Swiss parliament symbolically rejects Credit Suisse rescue
The government’s deal for UBS to buyout troubled Credit Suisse has been rejected by lawmakers. The vote is merely symbolic,…
Switzerland cuts bonus payouts for top Credit Suisse management
BERLIN -— Switzerland has instructed Credit Suisse to cancel or reduce all outstanding bonus payments for the top three levels…
Swiss prosecutor probes Credit Suisse takeover
Switzerland’s Federal Prosecutor has opened an investigation into the state-backed takeover of Credit Suisse by UBS Group, the office of…
UBS to slash up to 36,000 jobs after Credit Suisse merger
The bank is looking to trim down after the bloating caused by the merger of the two Swiss banking rivals.…
Credit Suisse is still helping ultra-wealthy Americans evade taxes, Senate panel says
Credit Suisse is complicit in ongoing tax evasion by ultra-wealthy Americans, including a potentially criminal conspiracy involving the failure to…
UBS brings back Sergio Ermotti as CEO after Credit Suisse rescue
UBS is bringing back its former chief executive, Sergio Ermotti, effective April 5.
Saudi National Bank chair resigns after Credit Suisse storm
NNA – The chairman of Saudi National Bank has resigned for “personal reasons,” a regulatory filing said Monday, just after his…
Too big for Switzerland? Credit Suisse rescue creates bank twice the size of the economy
The last-minute rescue of Credit Suisse may have prevented the current banking crisis from exploding, but it’s a raw deal…