Suisses

UBS faces hundreds of millions of dollars in penalties over Credit Suisse’s mishandling of Archegos Capital after Swiss, US and UK regulators completed their investigations into the affair, according to people with knowledge of the…

The 1996 slasher movie Scream sets out three rules to survive a horror movie: you can never have sex, you can never drink or do drugs and you can never, under any circumstances, say “I’ll be right back”. Among recent bank failures,…

Can a bond that no longer exists trigger a default?This is the quasi-metaphysical question facing the panel of experts who have to determine whether Credit Suisse’s credit-default swap contracts will pay out. Call it Schrödinger’s…

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“Let us be clear, as far as Credit Suisse is concerned, this is an emergency rescue,” said UBS Chairman Colm Kelleher, who will remain in the role after the transaction.For Switzerland, the blow could be significant. Home to 243 banking…

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© Reuters. FILE PHOTO: Switzerland's national flag flies above a logo of Swiss bank Credit Suisse in front of a branch office in Bern, Switzerland November 29, 2022. REUTERS/Arnd Wiegmann/File Photo By Sumeet Chatterjee, Andres…

A sale of Credit Suisse’s structured-products group, which trades securitised debt, has attracted interest from potential buyers including BNP Paribas and Apollo Global Management, but there’s scepticism about how easy it will be to sell…

© Reuters. FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at a branch office in Zurich, Switzerland April 14, 2021. REUTERS/Arnd Wiegmann ZURICH (Reuters) - Credit Suisse (SIX:)'s Private Banking Switzerland will be part of…