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Jun 20, 2024 · ZURICH, June 20 (Reuters) - Switzerland's financial regulations need further strengthening following the takeover of Credit Suisse by UBS, the Swiss National Bank said on Thursday, pressing for ...
Mar 18, 2023 · Credit Suisse was thrown a $54 billion lifeline by the Swiss central bank on Thursday to shore up liquidity after a slump in its shares and bonds intensified fears about a global banking crisis...
Mar 28, 2023 · Credit Suisse, the second-largest bank in Switzerland, collapsed in March 2023 and was bought by rival UBS for 3 billion CHF (about $3.3 billion USD). Credit Suisse faced numerous scandals in...
Jun 24, 2024 · As a result of investments in Greensill, funds at Credit Suisse’s asset management division ultimately had $1.3bn of exposure to GFG. According to an April update to investors, more than $900mn ...
Apr 24, 2023 · Credit Suisse? Notes from the bank analysis team at CS have come admirably thick and fast, even after their employer collapsed and was subsequently folded into rival UBS last month.
Mar 16, 2023 · Shares in Credit Suisse surged on Thursday after it agreed to a $53 billion loan from the Swiss central bank. Troubles at Switzerland’s second-biggest lender have sparked fears that banking...
Mar 16, 2023 · Credit Suisse is taking decisive action to pre-emptively strengthen its liquidity by intending to exercise its option to borrow from the Swiss National Bank (SNB) up to CHF 50 billion under a Covered Loan Facility as well as a short-term liquidity facility, which are fully collateralized by high quality assets.
