Credit Suisse has been found guilty and fined for involvement in money laundering related to a Bulgarian drugs ring. Switzerland's criminal court found that the bank did not do enough to prevent ...
Wall Street banks that lost billions in the 2021 Archegos collapse are being probed for potential antitrust violations, ...
Troubled banking giant Credit Suisse says it will borrow up to 50bn francs ($54bn; £44.5bn) from the Swiss central bank to shore up its finances. The lender said it was taking decisive action to ...
Credit Suisse is also global and the second largest Swiss bank with around 50,480 employees. It is likely that once the two similar institutions combine, significant layoffs will be announced.
Nearly a quarter of Swiss industrial companies are unhappy with the service from UBS , notably in lending, since its 2023 ...
Unlike its typical high-yield category peer, the strategy invests substantially in bank loans ... The firm’s credit investments group, comprising John Popp, Credit Suisse Asset Management ...
Fact checked by Katrina MunichielloReviewed by Robert C. KellyFact checked by Katrina MunichielloReviewed by Robert C. Kelly ...
the strategy’s 1.7% loss for the year lagged its Credit Suisse Leveraged Loan Index but was less severe than its peer median’s 2% drop. The higher coupons available in floating-rate bank-loan ...
Goldman Sachs and other large banks received final approval for settlements worth roughly $580 million to resolve antitrust ...
On May 23, 2014, a few days after Credit Suisse pled guilty in a $2.6 billion settlement, Edmund Moy, Director of the United States Mint between ...
UBS will continue to provide around 350 billion Swiss francs ($414 billion) of loans to its home market, a senior executive ...
UBS Group said its Swiss fund-management business decided to put Credit Suisse Real Estate Fund International into liquidation amid limited liquidity in real-estate markets in the bank’s latest ...