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UBS resumes selling the bonds at the heart of Credit Suisse controversy
The wipeout of $17 billion of Credit Suisse AT1 bonds, as part of the rescue deal brokered by Swiss authorities in March, caused an uproar among bondholders. UBS on Wednesday began selling ...
BBC2y
Credit Suisse bank found guilty over money-laundering charges
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 ...
BBC1y
Credit Suisse to borrow up to $54bn from Swiss central bank
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 ...
Forbes5y
Credit Suisse: Top 1% Own Nearly 50% Of Global Wealth And China’s Wealthy Now Outnumber America’s
NEW YORK, NEW YORK: According to Credit Suisse, China has overtaken the United States to become the ... [+] country with the largest number of people in the top 10% of world’s most wealthy ...
CRN1mon
30 Notable IT Executive Moves: September 2024
He left Morgan Stanley with the title of chief procurement officer. His resume includes about four years with Credit Suisse, leaving in 2010 with the title of global chief operating officer for ...
Reuters7d
Credit Agricole, Credit Suisse lose challenges against EU cartel fines
BRUSSELS, Nov 6 (Reuters) - Credit Suisse, now part of UBS (UBSG.S), opens new tab, and Credit Agricole (CAGR.PA), opens new tab on Wednesday lost their first challenges against million-euro fines ...
Bloomberg L.P.27d
Debt Swaps Created by Credit Suisse Find Favor on Wall Street
In a niche corner of global debt markets, a product first structured three years ago by a group of Credit Suisse bankers is having a moment. The instrument — a so-called debt-for-nature swap ...
Morningstar8mon
Credit Suisse Strategic Income I
The firm’s credit investments group, comprising John Popp, Credit Suisse Asset Management’s global head and CIO, and seven other members with an average industry experience of 20-plus years ...
Morningstar8mon
Credit Suisse Floating Rate Hi Inc Instl
The core management group began working together more than 20 years ago managing collateralized loan obligations for First Dominion Capital, which Credit Suisse acquired in 2000. However ...
How 3G Capital, Architects Of A $20 Billion Burger King Profit, Bagged Another Whopper
Jorge Paulo Lemann and his partners have made billions in banking, Brazilian beer and burgers. Their next windfall will come ...
There are still banks prone to the runs that brought down SVB and Credit Suisse, regulators warn
The Financial Stability Board, an international body of global regulators, delved into the issues that brought about the collapse of Credit Suisse, the failure of SVB, Signature and First Republic, ...