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Credit Suisse

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Swiss Bank Watchdog Blundered on Credit Suisse, Report Finds

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(Bloomberg) -- The Swiss parliament heavily criticized the previous leadership of Switzerland’s financial regulator Finma in a landmark inquiry into...
Bussiness

Swiss inquiry castigates failings of Credit Suisse oversight, but pins most blame on bosses

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By Dave Graham and Ariane Luthi BERN (Reuters) - Swiss lawmakers called for stricter oversight of the financial sector after...
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How secretive Swiss sought to keep a lid on the Credit Suisse crisis

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By John O'Donnell, Stefania Spezzati and Dave Graham LONDON/BERN (Reuters) - Secret meetings, mistrust among officials and attempts to downplay...
Bussiness

DBS Hires Private Bankers for Rich Russians as Rivals Balk

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(Bloomberg) -- DBS Group Holdings Ltd. has beefed up its wealth management team to cater to rich Russians at a...
Bussiness

Credit Suisse acquitted of 2022 conviction over cocaine cash laundering case

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ZURICH (Reuters) - A top Swiss court on Wednesday acquitted Credit Suisse of a 2022 criminal conviction when the bank...
Bussiness

UBS posts bigger-than-expected net profit in third quarter

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By Dave Graham ZURICH (Reuters) - UBS Group on Wednesday reported a forecast-beating quarterly net profit of $1.4 billion helped...
Bussiness

UBS sells its 50% stake in Swisscard to American Express

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ZURICH (Reuters) -UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank's 50%...
Bussiness

UBS Bankers Under Pressure From Lawyers to Rethink ESG Labels

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(Bloomberg) -- UBS Group AG is asking its bankers to rethink the way they discuss some sustainable products in public following advice from its...
Bussiness

UBS Must Revise Post-Takeover Emergency Plans, Finma Says

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(Bloomberg) -- UBS Group AG must revise its plans for emergency recovery and resolution to take account of the integration of Credit Suisse, Swiss...
Bussiness

Global Banks Embark on a New Wave of Product Innovation Targeting Nature

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(Bloomberg) -- Some of the world’s biggest banks are about to gather for talks, with the goal of monetizing a theme that until now...
Bussiness

UBS ‘bang on target’ with Credit Suisse integration, IT chief says

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By Oliver HirtZURICH (Reuters) - UBS's integration of former rival Credit Suisse's clients and data with its own platforms is "bang on target" after...
Sports

New Swiss central bank chief takes charge in shadow of Credit Suisse trauma

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By John RevillZURICH (Reuters) - As the Swiss National Bank's new chairman Martin Schlegel takes office this week, the jury is out on the...
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